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    228 N 1St St Cassopolis, MI 49031

    Pending
    For Sale
    $160,000

    MULTI_FAMILY - Cassopolis, MI

    Lot size:
    0.21 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 228 N 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 6, Bedroom 7, Bathroom 4, Bathroom 3, Basement, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 5, Bedroom 1, Bedroom 3
    Bedrooms
    7
    APN
    14-041-170-045-00
    Parking
    4
    Parking features
    Driveway
    Basement
    Partial
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1950
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Composition

    EXP Realty (269) 600-4397

    Listing agent AprilAnn M Romero (616) 516-4399

    Listing date Nov 6, 2025

    MLS# 25040934 Listing URL

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Investment Property with Rental Income

    This property in Cassopolis, Michigan, presents an investment opportunity with three apartments and one barbershop, all currently occupied by tenants. The first apartment features an oversized master bedroom and a large living space, renting for $600. The two back apartments each have two bedrooms and one bath, renting for $500 each. The owner is responsible for water, while tenants cover their own utilities. The front barbershop provides additional income potential. The property is situated on a 0.21-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cassopolis
    County
    Cass
    State
    Michigan
    Longitude
    -86.004361
    Latitude
    41.914861

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Cassopolis, MI with steady income potential.
    Where is this quadplex located?
    The property is located at 228 N 1St St Cassopolis, MI.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Four income-generating units: three apartments and one barbershop.; - All units currently have tenants.; - Apartment one features an **oversized master bedroom and large living space.**
    (616) 516-4399
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    228 N 1St St Cassopolis, MI 49031
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    Cassopolis, MI 49031
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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
    228 N 1St St Cassopolis, MI 49031
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