$399,000

Estimated payment $2,720/month

Total Views 927
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.14 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Pease Park
  • 1 Fireplace
  • Laundry Facilities

About This Home

3 units each with separately leased bedrooms. The Second floor has a galley kitchen, bath and 4 bedrooms. The main floor has 3 bedrooms, kitchen and living room. The basement has 2 bedrooms, kitchen and laundry access for the entire building. Fully rented month to month. Each tenant on month to month lease. Rents range $350-$650. Utilities are included.
Currently half of the tenants have been there long term with minimal rent increases
Walking distance to EMU
5 off street parking spots and storage shed included.

Listing Agent

Diane Hudzik

Key Realty One LLC License #6501249477 Listed on: 08/11/2025

Key Realty One LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1894

Lot Details

  • 5,881 Sq Ft Lot
  • Lot Dimensions are 50x118

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 5 Parking Spaces
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Building Details

  • Insurance Expense $1,776
  • Utility Expense $10,000
  • Gross Income $57,540

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,552

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1894
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 50x118
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Zoning3: c+5
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Driveway:Gravel: Yes
  • Substructure:Daylight: Yes
  • Extras:Laundry Facility: Yes
  • Laundry Features In Basement: Yes
  • Laundry Features Common Area: Yes
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Substructure Walk-Out Access2: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 399000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x118
  • Lot Size Sq Ft: 5881.0
  • Zoning Description: c+5

Rental Info

  • Owner Pays: Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Gross Income: 57540.0
  • Insurance Expense: 1776.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 6552.15
  • Tax Year: 2024

Map

Range of Values:

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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 $6,146 $147,300 $0 $0
2024 $6,146 $138,400 $0 $0
2023 $5,795 $130,200 $0 $0
2022 $5,986 $112,300 $0 $0
2021 $5,880 $108,200 $0 $0
2020 $6,012 $106,000 $0 $0
2019 $5,971 $99,800 $99,800 $0
2018 $5,444 $88,400 $0 $0
2017 $5,334 $84,700 $0 $0
2016 $5,566 $62,430 $0 $0
2015 -- $62,244 $0 $0
2014 -- $60,300 $0 $0
2013 -- $60,300 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $399,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $127,000 Unknown
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25040349

Southwestern Michigan Association of REALTORS®

APN: 11-40-181-004