566 E Main St Vanderbilt, MI 49795
Estimated payment $1,710/month
About This Home
Great investment opportunity in the heart of downtown Vanderbilt! This multi-unit property features three established rental units with a fourth unit ready to be finished--offering immediate income with added value potential.
The building includes a spacious 3 bed/2 bath unit, a 2 bed/1 bath unit, and a 1 bed/1 bath unit, all currently rented. The fourth unit is framed and ready for completion, with flexibility to design as a 2 or 3 bedroom, 1 bath layout. Situated on a generous lot with ample parking, this property is within walking distance to everything in the village and offers quick access to I-75--making it attractive to both tenants and commuters. This property delivers location, income, and opportunity.
Property Details
Home Type
- Apartment
Lot Details
- 13,939 Sq Ft Lot
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 2-Story Property
- Vinyl Clad Windows
- Basement
- Laundry in Basement
- Electric Range
Schools
- Vanderbilt Elementary School
- Vanderbilt High School
Utilities
- No Cooling
- Baseboard Heating
- Shared Well
- Electric Water Heater
- Shared Septic
Community Details
- No Home Owners Association
- 4 Units
- Robinson Addition Vanderb Subdivision
Listing and Financial Details
- Rent includes maintenance
- Assessor Parcel Number 045-130-005-001-00 / 045-130-005-016-01
- Tax Block 27/5
Map
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 | $2,708 | $103,400 | $0 | $0 |
| 2024 | $1,325 | $102,400 | $0 | $0 |
| 2023 | $2,588 | $96,300 | $0 | $0 |
| 2022 | $2,993 | $83,100 | $0 | $0 |
| 2021 | $2,464 | $62,700 | $0 | $0 |
| 2020 | $3,086 | $59,300 | $0 | $0 |
| 2019 | $947 | $59,100 | $0 | $0 |
| 2018 | -- | $46,800 | $46,800 | $0 |
| 2017 | -- | $46,900 | $0 | $0 |
| 2016 | -- | $47,000 | $0 | $0 |
| 2013 | -- | $45,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $280,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $200,000 | -- | |
| Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- |
Source: Water Wonderland Board of REALTORS®
MLS Number: 201839170
APN: 045-130-005-001-00
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