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.
Multi-familyProperty Type
1972Year Built
0.48 acresLot Size
Listed by Kascee Wyatt Gateway/REAL/Mtp• Real Broker LLC
•269-659-2791 (broker)
•bdecker@michigantopproducers.com (broker)
Bought with Kascee Wyatt Gateway/REAL/Mtp• Real Broker LLC
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.
MiRealSource-MiMLS #70505986
Jul 17, 2026
Sold
$280,000
Jun 4, 2026
Pending
—
Apr 22, 2026
Price Changed
$315,000
Nov 20, 2025
Listed
$350,300
Greater Lansing AoR #70194577
Dec 31, 2021
Listing Removed
—
Public Records
Oct 19, 2021
Sold
$174,900
SW Michigan MLS #21019877
Sep 10, 2021
Listing Removed
—
Aug 24, 2021
Price Changed
$100,000
Aug 23, 2021
Relisted
—
Jul 25, 2021
Listing Removed
—
Jun 27, 2021
Relisted
—
Jun 17, 2021
Pending
—
May 29, 2021
Listed
$180,000
REALCOMP #69021019877
Sep 11, 2021
Listing Removed
—
Aug 24, 2021
Price Changed
$100,000
Aug 23, 2021
Relisted
—
Jul 30, 2021
Listing Removed
—
Jun 27, 2021
Relisted
—
Jun 17, 2021
Pending
—
May 29, 2021
Listed
$180,000
Public Records
May 14, 2012
Sold
$35,000
SW Michigan MLS #2938245
Dec 15, 2009
Listing Removed
—
Sep 25, 2009
Listed
$39,900
SW Michigan MLS #9154435
Apr 1, 1992
Sold
$52,500
Oct 28, 1991
Listed
$70,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,276 (−36.9%)
2024
$2,021 (+5.0%)
2023
$1,925 (+5.0%)
2022
$1,833 (+6.2%)
2021
$1,726 (−7.7%)
2020
$1,871 (+1.9%)
2019
$1,836 (−1.1%)
2018
$1,857 (−8.3%)
2016
$2,025
Public record
Beds
—
Baths
4
Stories
—
Lot width
153 ft.
Lot depth
137 ft.
Lot size
0.29 Acres
Year renovated
—
Sq. Ft.
1,456
Year built
—
Style
Single Family Residential
County
St. Joseph County
APN
051 230 018 01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Property details
Exterior
Exterior Features
Exterior Construction: Vinyl Siding
Foundation Type: Slab
Property Features
On Waterfront
Water Features: River Frontage
Property Information
Property Type: Multi-Family
Year Built: 1972
Lot Information
Lot Size: 90,150
Zoning: Residential
Land Information
Acreage: 0.48
Roads: City/County, Paved Street
Frontage: 150
Financial
Tax/Assessments Information
Taxable Value: $32,736
Total Tax Year: 2026
Total Tax Amount: $2,064.60
Utilities
Utility Information
Cooling System: None
Heating System: Radiant
Location
Mult-Unit Information
# of Units (Total): 4
Unit 1 Information
Unit 1 Occupied Y/N: Yes
Rent Rate: $750
Unit Occupied
Unit 2 Information
Rent Rate: $750
Unit Occupied
Unit 3 Information
Rent Rate: $750
Unit Occupied
Unit 4 Information
Rent Rate: $750
Unit Occupied
Homeowners Association Information
Association/Landlord Pays: Water/Sewer
School Information
School District: Three Rivers Community Schools
School District: Three Rivers Community Schools
Address Information
Street Designation: Street
Location Details
Municipality: Three Rivers
Mail City: Three Rivers
Municipality: Three Rivers
Area (Municipality): Three Rivers (75025)
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 1,456
Stories: —
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: St. Joseph County
APN: 051 230 018 01
Home facts updated by county records on Jul 30, 2026
Other
Listing Information
Originating MLS: St Joseph County Association of
Around this home
Schools
Ruth Hoppin School
Public K-5 • Assigned • 0.8mi
7/10
Three Rivers Middle School
Public 6-8 • Assigned • 1.1mi
5/10
Three Rivers High School
Public 9-12 • Assigned • 0.9mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Three Rivers, MI • 49093
Average low and high temperatures (°F)
29
16
36
21
54
34
62
42
68
48
80
62
84
67
80
61
78
55
66
45
49
36
36
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$266,000 – $322,000
Sell confidently with a local market expert in Three Rivers.