80619 Main St Memphis, MI 48041
Estimated payment $1,788/month
Highlights
- Shed
- Ceiling Fan
- 1-minute walk to Memphis Millennium memorial Park
- Forced Air Heating System
About This Home
Great investment opportunity to own a fourplex with strong income potential! This fourplex features two 2-bedroom units and two 1-bedroom units, with two units currently occupied—one renting for $950/month (lower 2 bedroom) and one for $750/month (upper 1 bedroom), both with recently renewed leases. Projected total rental income is approximately $3,400 per month when fully occupied. Each unit is separately metered for electricity, with tenants paying their own utilities, and water is included in rent. Upstairs units offer private balconies, adding tenant appeal. There is a basement with laundry hookups available, along with a rear parking area for tenants. New soffits and gutters (2025). An additional lot behind the parking area provides the opportunity to split and sell or build another home, offering added value and future upside to buyers!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1892
Lot Details
- 22,216 Sq Ft Lot
- Lot Dimensions are 74x216
Home Design
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 3,794 Sq Ft Home
- Ceiling Fan
- Basement
- Michigan Basement
Outdoor Features
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Electric Water Heater
- Sewer in Street
Community Details
- 4 Units
- S/P # 01 Memphis Subdivision
Listing and Financial Details
- Assessor Parcel Number 0302130015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,905 | $140,200 | $0 | $0 |
| 2024 | $48 | $126,500 | $0 | $0 |
| 2023 | $4,553 | $133,800 | $0 | $0 |
| 2022 | $4,735 | $132,000 | $0 | $0 |
| 2021 | $4,630 | $97,800 | $0 | $0 |
| 2020 | $3,980 | $96,500 | $0 | $0 |
| 2019 | $4,621 | $75,000 | $0 | $0 |
| 2018 | $4,621 | $80,200 | $0 | $0 |
| 2017 | $3,661 | $8,200 | $0 | $0 |
| 2016 | $3,580 | $74,300 | $0 | $0 |
| 2015 | -- | $68,100 | $0 | $0 |
| 2010 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2026 05/20/26 | For Sale | $250,000 | -- | $66 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $140,000 | Abstract Title Agency | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $118,600 | New Conventional |
Source: Realcomp
MLS Number: 20261036569
APN: 04-03-02-130-015
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.