80619 Main ST, Memphis, MI 48041
80619 Main ST, Memphis, MI 48041
80619 Main ST, Memphis, MI 48041
80619 Main ST, Memphis, MI 48041
80619 Main ST, Memphis, MI 48041
80619 Main ST, Memphis, MI 48041
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$ 250,000

4 Baths

3,794 SqFt


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$ 250,000
Save

4 Baths

3,794 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 3,794 sqft

Subdivision S/P # 01 Memphis

MLS Listing ID 20261036569

Style Colonial

Full Baths 4

Year Built 1892

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type MultiFamily

Property Description

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!

Location

State MI

County Macomb

Area Area03033Memphismacombcounty

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fans

Fireplace No

Exterior

Parking Features ParkingLot

Pool None

View Y/N No

Garage false

Building

Foundation MichiganBasement, Stone

Sewer Sewer At Street

Water Public

New Construction No

Schools

School District Memphis

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed No

Realcomp MLS
Listed by Brittney Pflueger of Brookstone, Realtors LLC

Nearby Locations

Jennie Javier

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 330-5058

javierjennie23@gmail.com

250 Monroe Ave SW, Grand Rapids, MI, 49503, USA

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80619 Main ST