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    Otsego, MI Kalamazoo, MI Portage, MI Martin, MI Allegan, MI Oshtemo, MI Parchment, MI Richland, MI
    Well-Maintained Duplex Investment
    Updated: Apr 1
    Well-Maintained Duplex Investment

    143 Floral Avenue, Plainwell, MI 49080

    $264,888
    1,056 sqft
    Well‑maintained duplex built in 1980 with two spacious 2‑bedroom, 1‑bath units.
    Approx. 1,056 sq ft per unit, each featuring in‑unit laundry and separate utilities.
    Current rents: Unit 145 at $1,120/month and Unit 143 at $1,075/month.
    Long‑term tenant leases in place through 2027.
    Corner lot with public water/sewer and natural gas; tenants cover all major utilities.
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    This listing looks promising.

    Here's a quick look at some key insights for

    143 Floral Avenue, Plainwell, MI 49080

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    • Est. Cap Rate

      3%
      NOI ÷ price

    • Est. NOI

      $8K
      Annual

    • Price @ 7% Cap

      $112K
      Suggested

    • Property Type

      Single Family Residence
      Built 1980
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Plainwell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Duplex with Separate Utilities
    Updated Duplex with Separate Utilities

    224-226 Maple Street, Parchment, MI 49004

    $237,500
    0.20 AC lot

    Brick duplex with refreshed interiors, dedicated mechanical systems, storage sheds, and a mostly enclosed backyard.

    View details
    Duplex with Separate Utilities
    Duplex with Separate Utilities

    518 Lincoln Road, Otsego, MI 49078

    $349,900
    1.22 AC lot

    Two-unit duplex on 1.22 acres with separate utilities, updated major systems, and garages for each unit.

    View details
    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    224-226 Maple St, Parchment, MI 49004

    $237,500

    Well-maintained duplex offers two 2-bedroom, 1-bath units with newer flooring, separate utilities, and replacement windows.

    View details
    Duplex Residential Income Property
    Duplex Residential Income Property

    418 E Franklin Street, Otsego, MI 49078

    Contact for pricing

    Duplex with separate main-level and upstairs units, each with heat, plus a large detached three-car garage.

    View details

    Plainwell, MI Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Plainwell, MI on our real estate platform. These investment opportunities span a total of 1,056 square feet of properties for sale, with an estimated market value of $264,888.

    Sale prices for duplexes in Plainwell, MI average $264,888 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    Apartment buildings 1
    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) -5.0%
    Median Household Income $75,250
    College Educated 38.4%

    High-Yield Neighborhoods for Investment

    Identify Plainwell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49080 $235K

    Taxes & Financing

    Tax Rate (average for all types) 3.54%
    Property Tax per SF $71.10 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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