$299,900
St. Joseph, MI 49085
MLS# 26032334
Status: Active Backup
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Property Description
Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Details
Maps
Location & Property Info
Cross Streets: Lakeshore Dr. and Lakeview Ave
Property Sub-Type: 2 to 4 Units
Municipality: St. Joseph City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 80 x 114
Road Frontage: 80
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 3
School District: St. Joseph
Lot Measurement: Acres
Lot Square Footage: 9121
Lot Acres: 0.21
Year Built: 1910
Tax Info
Taxable Value: 87196
SEV: 181300
For Tax Year: 2024
Seller's Annual Property Tax: 4954
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: NA
Tax ID #: 11-76-8550-0052-00-1
Remarks & Misc
Public Remarks: Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Legal: LOTS 52 & 53 WILKINSON & BURKHARDS ADD TO CITY OF ST JOSEPH ALSO THAT PT OF VAC 14' ALLEY S OF SD PROPERTY PER 958/1033
Lot Description
Sidewalk: 1
Income and Expenses
Annual Insurance: 1396
Annual Maintenance: 1000
Annual Utilities: 1115
Gross Op. Inc.: 30300
Street Type
Paved: 1
Public: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Public Sewer: 1
Public Water: 1
Storm Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
Laundry Features
In Basement: 1
Exterior Material
Block: 1
Other: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Concrete: 1
Substructure
Full: 1
Extras
Garages: 1
Owner Pays
Gas: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 1
SqFt: 937
Occupied: Yes
Monthly Rent: 1200
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Upstairs Rear
SqFt: 250
Occupied: Yes
Monthly Rent: 625
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Upstairs Front
SqFt: 355
Occupied: Yes
Monthly Rent: 700
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Berrien
Street #: 400
Street Name: La Salle
Suffix: Avenue
State: MI
Zip Code: 49085
Zip (4): 2645
OfficeContract Info
Status: Active Backup
Current Price: $299,900
List Price: $299,900
Listing Date: 2026-06-26
Remarks Misc
Directions: From downtown St. Joseph:
South on Lakeshore Drive (Red Arrow)
La Salle on the east side of road. Property is the first driveway on the south side of La Salle.
Property Features
Laundry Features: In Basement
Exterior Material: Block; Other
Roofing: Composition
Substructure: Full
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer
Extras: Garages
Owner Pays: Gas; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Realty Executives Instant Equity
Listing Agent: Matt Sieber
Last Updated: June - 30 - 2026
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