$172,000
SOLD DEC 5, 2025

803 E Carpenter St Midland, MI 48640

3 Beds
2 Baths
1,918 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

4% Below List Price

47 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • Northeast Middle School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of December 2025

Charming Duplex Near Downtown Midland – Great Investment or Owner-Occupant Opportunity! Discover the perfect blend of convenience and versatility with this well-maintained duplex located just minutes from downtown Midland. Situated within walking distance of local schools, the community center, and all the shops and restaurants downtown has to offer, this property offers both comfort and excellent income potential. The main floor unit features 2 spacious bedrooms, 1 full bath, a bright living area, and a functional kitchen — ideal for tenants or an owner-occupant. The upper-level unit offers a cozy 1-bedroom, 1-bath layout with the option to rent furnished for $1,550/month or unfurnished for $950/month. Additional highlights include a clean, dry basement with two storage rooms and shared laundry facilities, plus a detached two-car garage and paved driveway for off-street parking. The main floor unit currently rents for $1,200/month, providing solid cash flow from day one. Whether you’re looking to add a proven investment to your portfolio, live in one unit while renting the other, or convert the home back into a single-family residence, this property offers flexibility to fit your goals. Don’t miss your chance to own a well-located, income-producing property in the heart of Midland!

Last Agent to Sell the Property

Ashley Herman

Next Move Realty License #SBR-6501442693 Listed on: 10/15/2025

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1918

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x119
  • Corner Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Basement
  • Block Basement Construction

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Internet Available

Community Details

  • 2 Units
  • Dow Chem Co Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-16-40-262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,255

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Originating MLS: Saginaw Board of REALTORS
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Other
  • Total Tax Amount: 4255
  • Total Tax Year: 2024
  • Year Built: 1918
  • Mail City: Midland
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Features: Livroom Fireplace
  • Basement: Yes
  • Basement Type: Block, Outside Entrance
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Sub Room Description: Entry
  • Source of Sq Ft: Realist

Exterior Features

  • Exterior Features: Porch, Sidewalks
  • Foundation Type: Basement
  • Roads: City/County, Paved Street

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2
  • Parking: 2 Spaces, Garage

Utilities

  • Water: Public Water
  • Cooling System: Wall/Window A/C
  • Fuel Type: Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 14-16-40-262
  • Location: Corner Lot
  • Lot Dimensions: 60x119
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $1,306.00
  • Winter Tax: Year: 2024, Amount: $2,949.00
  • Total Tax: Year: 2024, Amount: $4,255.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Midland Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2025
Closed on
Dec 5, 2025
Sold by
Bank & King Properties Llc
Bought by
Randall Adam
Seller's Agent
Ashley Herman
Next Move Realty
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$180,000
Sold Price
$172,000
Premium/Discount to List
-$8,000
-4.44%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.77%
Original Mortgage
$137,600
Outstanding Balance
$137,468
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$41,494
Source: Public Records

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $172,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Sold $172,000 -4.4% $90 / Sq Ft
12/01/2025 12/01/25 Pending -- -- --
10/15/2025 10/15/25 For Sale $180,000 -- $94 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,255 $91,900 $0 $0
2024 $2,949 $78,700 $0 $0
2023 $2,808 $69,300 $0 $0
2022 $2,414 $64,900 $0 $0
2021 $2,315 $57,200 $0 $0
2020 $2,290 $55,700 $0 $0
2019 $2,234 $55,500 $10,000 $45,500
2018 $2,174 $61,500 $10,000 $51,500
2017 $0 $50,400 $10,000 $40,400
2016 $2,094 $48,900 $10,000 $38,900
2012 -- $47,400 $10,000 $37,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50191621

Michigan Multiple Listing Service

APN: 14-16-40-262