$350,300
Three Rivers, MI 49093
MLS# 25059338
1 / 17
Property Description
NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Details
Maps
Location & Property Info
Cross Streets: S Main St and Mechanic
Property Sub-Type: 2 to 4 Units
Area: St. Joseph County - J
Municipality: Three Rivers City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 90x150
Road Frontage: 150
Cert of Compliance: Yes
Waterfront: Yes
Basement: No
Total # Units: 4
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 5
Statewide Lakes & Rivers: St Joseph River
School District: Three Rivers
Association YN: No
Lot Measurement: Acres
Lot Square Footage: 20996
Lot Acres: 0.48
Year Built: 1972
Tax Info
Taxable Value: 32736
SEV: 109000
For Tax Year: 2025
Seller's Annual Property Tax: 2064.6
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None known
Zoning: Residential
Tax ID #: 051 230 018 01
Remarks & Misc
Public Remarks: NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Legal: COM 342 FT E OF INT S MAIN ST & RIVER ST TH E 150 FT ALG RIVER ST TH N TO RIVER TH WLY ALG RIVER TO PT DUE N OF POB TH S TO POB. BEING PT OF LOT 17 BLK 1 FLINTS ADD CITY OF THREE RIVERS.
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 150
Water Type
River: 1
Water Fea. Amenities
Private Frontage: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Electricity Available: 1
Public Sewer: 1
Public Water: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Other: 1
Sale Conditions
None: 1
Heat Type
Radiant: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Driveway
Concrete: 1
Substructure
Slab: 1
Extras
Sep Electric Meter: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit Description: Unit 1
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: Unit 2
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: Unit 3
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: Unit 4
Occupied: Yes
Monthly Rent: 750
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: St. Joseph
Street #: 500
Street Name: River
Suffix: Street
State: MI
Zip Code: 49093
OfficeContract Info
Status: Active
Current Price: $350,300
List Price: $350,300
Listing Date: 2025-11-20
Remarks Misc
Directions: Take S Main St to River St. Property sits adjacent to the River.
Property Features
Water Type: River
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Phone Connected
Util Avail at Street: Electricity Available; Public Sewer; Public Water
Extras: Sep Electric Meter
Owner Pays: Sewer; Water
Tenant Pays: Electric
Heat Source: Other
Heat Type: Radiant
Air Conditioning: None
Driveway: Concrete
Street Type: Paved; Public
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Michigan Top Producers
Listing Agent: Kascee Wyatt
Last Updated: March - 23 - 2026
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