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    1305 Springfield Dr Midland, MI 48642

    For Sale
    $389,000

    Multi-Family, 2 Story - Midland, MI

    Property size:
    3,268 SF
    Lot size:
    0.25 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1305 Springfield Dr

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    14-13-50-342
    Parking features
    Carport, Covered, Driveway, Garage, Garage - Attached, Off Street, Paved or Surfaced
    Patio and Porch features
    Patio
    Exterior features
    Patio, Sidewalks
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Size
    3,268 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Other

    Century 21 Signature Realty (989) 921-7000 [email protected]

    Listing agent Miaomiao (Ava) Dong (989) 837-2100 License #6501391151

    Listing date Nov 7, 2025

    MLS# 50193719 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Four-Unit Brick Multifamily Property

    This two-story, all-brick multifamily property in Midland, Michigan, presents an investment opportunity with four units. Each apartment includes two bedrooms and one full bath. The units feature updated countertops and vanities, along with newer luxury vinyl flooring or carpet and fresh paint. The property has undergone major improvements, including a newer roof, furnaces, and A/C units. Each unit is equipped with separate utilities, including individual furnaces, central air, water heaters, and electric meters. Apartment 1 and Apartment 2 have private fenced yards, while Apartment 3 and Apartment 4 feature balconies. The landlord is responsible for lawn care and snow removal, while tenants cover their own utilities. The property includes a shared coin-operated laundry. The total monthly rent is approximately $3,300, with an additional ~$700 per year from the laundry. Apartment 2 is currently vacant for showings, while the remaining units are occupied. The property size is 3,268 square feet and the lot size is 0.25 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Midland
    State
    Michigan
    Longitude
    -84.182143
    Latitude
    43.61254

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    FAQs

    What type of property is this?
    Quadplex - Turnkey investment property with updated units and strong rental income.
    Where is this quadplex located?
    The property is located at 1305 Springfield Dr Midland, MI.
    What is the asking price?
    The asking price for this property is $389,000.
    What are key features of this property?
    This property features: - All-brick, 4-unit property, each with two bedrooms and one bath.; - Strong rental income of approximately $3,300/month plus ~$700/year from laundry.; - Separate utilities for each unit paid by tenants.
    (989) 837-2100
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    1305 Springfield Dr Midland, MI 48642
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