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3-Unit Triplex with Decks
New
For Sale
$229,000

108 E Exchange Street, Gobles, MI 49055

Multi Family, Gobles, MI

Property SizeContact for details
Lot Size0.02 Acres
Days on Market5

Property Features for 108 E Exchange Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 2
Parking 5
Parking features Driveway
Basement Partial
Lot features Sidewalk, Corner Lot
Elementary school district Gobles
Middle school district Gobles
High school district Gobles
Directions M 40 to downtown Gobles then turn right on E Exchange property on right past Post Office.
Standard status Active
APN 80-51-206-001-00
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 18-F4 30-1-13 612-153 1125-590 1171-356 1367-217 1710-506/7 1738-104/5 *** E 76 FT OF LOT 1. ALSO E 76 FT OF N 34 FT OF LOT 4. BLOCK 6 GOBLES ADDITION
Tax Annual Amount 3277
Legal Description 18-F4 30-1-13 612-153 1125-590 1171-356 1367-217 1710-506/7 1738-104/5 *** E 76 FT OF LOT 1. ALSO E 76 FT OF N 34 FT OF LOT 4. BLOCK 6 GOBLES ADDITION

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Cooling system Window Unit(s)

Amenities

washer and dryer in each unit
deck
parking

Building Details

Year built 1900
Number of units 3
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Real Broker LLC
Listed By: Gary R LaDuke · License #6501286437
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 2 at 3:06PM
MLS# 26051544

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.

Investment Insights

Based on property information with market context.

This triplex contains three one-bedroom apartments, each equipped with a washer and dryer and access to a deck. The property has a metal roof, vinyl siding, and replacement windows. Three new water heaters have been installed, and the furnace serving unit 1 is four years old. Gas and electric costs are assigned to tenants under the split-utility arrangement.

Set in downtown Gobles beside the Post Office, the property has driveway parking at both the front and rear. The site comprises 0.02 acres, and the building dates to 1900.

Key Highlights

  • Three one‑bedroom units
  • Washer and dryer in each apartment
  • Each unit has deck access

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Pharmacy Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 49055, MI

6,211
Population
3,197
Households
1.9
Avg Household Size
45
Median Age
18%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
108
Density / Sq Mi
$65,717
Median Household Income
$40,838
Median Earnings
$878
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Gas and electric service is split, with tenants responsible for those utility costs.
Where is this triplex located?
The property is located at 108 E Exchange Street Gobles, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Three one‑bedroom units; Washer and dryer in each apartment; Each unit has deck access
More about this property
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