Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    107 W Center St Belding, MI 48809

    View on Map
    Sponsored
    For Sale
    $170,000

    MULTI_FAMILY - Belding, MI

    Lot size:
    0.14 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 10 at 2:06 am

    Property Features for 107 W Center St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1, Basement
    Bedrooms
    3
    APN
    403-060-000-185-00
    Parking
    4
    Basement
    Crawl Space
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Aluminum Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Brandon B Hamilton

    Michigan Top Producers (269) 251-8711

    Listing agent Brandon B Hamilton (616) 862-6712

    Listing date Mar 7, 2026

    MLS# 25032594

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Belding Duplex Investment Opportunity

    This is a fully operational, income-generating duplex located in Belding, Michigan. The property is suitable for both seasoned investors and owner-occupants, offering immediate cash flow and long-term potential. Each unit is currently leased on a month-to-month basis, providing flexibility to adjust rental rates, secure long-term tenants, or occupy one unit while renting out the other. The duplex is nestled in a quiet residential neighborhood near downtown, schools, and local parks, combining charm with convenience. The property is situated on a 0.14-acre lot. This duplex is a smart investment with built-in returns from day one, whether you're looking to expand your rental portfolio or offset your mortgage with rental income. The property is located at 107 W Center Street, Belding, MI 48809.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belding
    County
    Ionia
    State
    Michigan
    Longitude
    -85.228987
    Latitude
    43.094005

    Nearby Similar for Sale

    • $200,000
      Pending

      Established Car Wash Investment Opportunity

      Turnkey car wash business with multiple service options and revenue streams.
      110 E High St, Belding, MI 48809
      View Details
    • $2,300,000
      72,863 SF

      Belding Warehouse on 11.9 Acres

      72,863 SF warehouse/industrial property on 11.9 acres for sale.
      11980 Fisk Rd, Belding, MI 48809
      View Details
    • $675,000

      Belding Retail Opportunity on M-44

      Retail property with high traffic and minimal maintenance responsibilities.
      395 E State St, Belding, MI 48809
      View Details
    • $135,000

      Retail Property on Busy Road

      Retail property in need of work on a busy road.
      214 E State St, Belding, MI 48809
      View Details
    • $1,065,000

      Save A Lot Grocery Store

      Grocery store with long-term lease and annual rent increases.
      7434 Storey Rd, Belding, MI 48809
      View Details
    • $495,000

      Turnkey Tavern Near Flat River

      Turnkey tavern with outdoor seating near the Flat River.
      135 Bridge St, Belding, MI 48809
      View Details
    • $429,000
      1,980 SF

      Belding Industrial Building - 4 Units

      Four shell units, build-to-suit options.
      1324 State St, Belding, MI 48809
      View Details
    • $550,000
      8,000 SF

      Belding Industrial Quadplex - Great Potential

      Four 2000 sq ft units, flexible use, prime location.
      1322 State St, Belding, MI 48809
      View Details
    • $125,000
      0.20 Acres

      Historical Place of Worship

      Historical place of worship with flexible spaces and exquisite features.
      301 S Pleasant St, Belding, MI 48809
      View Details
    • $375,000
      8,157 SF

      Historic Belding Church for Sale

      8,157 SF Church, 0.2 Acres, MI
      301 Pleasant St, Belding, MI 48809
      View Details

    FAQs

    What type of property is this?
    Duplex - Turnkey duplex in Belding, perfect for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 107 W Center St Belding, MI.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Turnkey duplex provides immediate cash flow and income generation.; - Month-to-month leases offer flexibility to adjust rental rates or occupy one unit.; - Located in a quiet residential neighborhood near downtown, schools, and local parks.
    (616) 862-6712
    Request Owner's contact information
    107 W Center St Belding, MI 48809
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    107 W Center St
    Belding, MI 48809
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    107 W Center St Belding, MI 48809
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brandon B Hamilton
    (616) 862-6712
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!