$564,900
$10K PRICE DROP

Estimated payment $3,719/month

Total Views 2,661
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating System
  • Heating System Uses Steam
  • Porch
  • Baseboard Heating
  • Pie Shaped Lot

About This Home

THIS SUN-FILLED 2 FLAT WITH GREAT CURB APPEAL OFFERS A WONDERFUL OPPORTUNITY FOR INVESTORS OR HOME OWNERS. 1ST FLOOR IS ON MONTH TO MONTH LEASE-PERFECT IF YOU'D LIKE TO BE OWNER OCCUPANT. OR THEY MAY STAY IF YOU PREFER. CURRENTLY BLDG FULLY RENTED! LOCATED IN THE HEART OF LOVELY GLADSTONE PARK. THERE'S ALSO AN ADDITIONAL NON-CONFORMING LIVING ARRANGEMENT IN BASEMENT & A ONE CAR GARAGE WITH BRAND NEW ROOF! HOME HAS NICELY LANDSCAPE FRONT YARD AND PRIVATE FENCED SIDE YARD. THE KITCHENS HAVE NEWER APPLIANCES & THERE ARE UPDATED BATHS. 1ST & 2ND FLOOR APARTMENTS HAVE HARDWOOD FLOORS! BOTH FIRST AND SECOND FLOOR UNITS HAVE 2 BEDROOMS. & 1 BATH. THE DOWNSTAIRS APARTMENT IS A COZY 1 BEDROOM, 1BATH. SEPARATED HEAT FOR 1ST AND SECOND FLOOR. ALL 3 UNITS CURRENTLY RENTED! Seller/Broker make no representation of legality of bsmt apartment.

Listing Agent

Christine Gordon

Northwest Real Estate Group License #475135505 Listed on: 04/27/2026

Northwest Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,441

Year Built

  • Built in 1924

Lot Details

  • Fenced
  • Pie Shaped Lot
  • Irregular Lot

Parking

  • 1 Car Detached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • 2-Story Property
  • Porch

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $420
  • Insurance Expense $1,700
  • Water Sewer Expense $1,200
  • Gross Income $48,960
  • Net Operating Income $45,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,441

Year Built

Built in 1924

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Full, Walk-Out Access
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Lot Features: Irregular Lot, Pie Shaped Lot
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Steam, Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1200
  • Other Expenses $: 600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 4023
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 45040
  • Insurance Expense: 1700
  • ElectricExpense: 420
  • GrossIncome: 48960
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Tax Info

  • Tax Annual Amount: 8441.49
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,756 $42,001 $10,058 $31,943
2024 $6,756 $42,001 $10,058 $31,943
2023 $6,586 $32,000 $8,046 $23,954
2022 $6,586 $32,000 $8,046 $23,954
2021 $6,440 $32,004 $8,050 $23,954
2020 $6,062 $27,198 $5,431 $21,767
2019 $6,075 $30,220 $5,431 $24,789
2018 $5,973 $30,220 $5,431 $24,789
2017 $5,811 $26,980 $4,827 $22,153
2016 $5,407 $26,980 $4,827 $22,153
2015 $5,424 $29,583 $4,827 $24,756
2014 $4,845 $26,093 $4,425 $21,668
2013 $4,749 $26,093 $4,425 $21,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2026 05/04/26 Price Changed $564,900 -1.7% --
04/27/2026 04/27/26 For Sale $574,900 +26.4% --
10/21/2024 10/21/24 Sold $455,000 0.0% $281 / Sq Ft View Prior Sale
10/02/2024 10/02/24 Pending -- -- --
09/20/2024 09/20/24 Off Market $455,000 -- --
09/10/2024 09/10/24 For Sale $459,900 -- $284 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 None Listed On Document
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Corporate Deed $170,000 Fntic
Legal Action Court Order $69,500 None Available
Warranty Deed $83,333 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,000 New Conventional
Previous Owner $100,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12628778

Midwest Real Estate Data (MRED)

APN: 13-05-427-014-0000

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