$204,900
$35K PRICE DROP

Estimated payment $1,150/month

Total Views 3,731
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Heating System Uses Steam
  • Wood Siding
  • 1 Fireplace
  • Laundry Facilities
  • 3-minute walk to Ferris Park

About This Home

Cash flowing a 4-unit with a current rental certificate, located close to downtown, the capital, and steps away from Ferris Park. Market rents of $3000+ a month making this a great income generating opportunity or potential a house hack for an owner occupant. The building has one 2 bedroom unit and three 1-bedroom units. Large basement clean with washer and dryer for tenants. Unit 1A has newer carpet and paint. Current owner has not had any issues getting these units rented in the past. This property also includes a vacant, buildable lot next door at 618 W. Genesee St. Don't miss out on this cash-flowing deal!

Last Listed By

Connor Anderson

MOXIE Real Estate + Development License #6506049133 Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 91x99

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 204900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Steam
  • Heating: Yes
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Dimensions: 91x99
  • Lot Size Sq Ft: 17860.0
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer, Gas
  • Tenant Pays: Electric

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 7647.0
  • Tax Year: 2025

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
2024 $63 $94,900 $4,000 $90,900
2023 $7,276 $85,100 $4,000 $81,100
2022 $5,183 $75,800 $4,500 $71,300
2021 $5,065 $72,500 $5,700 $66,800
2020 $5,027 $67,100 $5,700 $61,400
2019 $4,844 $60,500 $5,700 $54,800
2018 $4,604 $54,900 $5,700 $49,200
2017 $4,394 $54,900 $5,700 $49,200
2016 $3,680 $53,900 $5,700 $48,200
2015 $3,680 $52,300 $11,327 $40,973
2014 $3,680 $50,200 $17,000 $33,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $209,900 -4.5% --
05/28/2025 05/28/25 Price Changed $219,900 -4.0% --
05/19/2025 05/19/25 Price Changed $229,000 -2.6% --
05/15/2025 05/15/25 Price Changed $235,000 -2.0% --
05/08/2025 05/08/25 For Sale $239,900 -- --
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Land Contract -- None Available
Source: Public Records

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25020471

Southwestern Michigan Association of REALTORS®

APN: 01-01-16-106-111