Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    230 N Corning St Farwell, MI 48622

    New
    For Sale
    $975,000

    MULTI_FAMILY - Farwell, MI

    Lot size:
    0.99 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 230 N Corning St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 23, Bedroom 11, Bedroom 19, Bedroom 16, Bedroom 13, Bedroom 14, Bedroom 1, Bedroom 2, Laundry Room, Bedroom 3, Bathroom 7, Bathroom 4, Bathroom 2, Bedroom 18, Bedroom 21, Bedroom 5, Bedroom 6, Bedroom 12, Bathroom 3, Bathroom 1, Bedroom 17, Bathroom 9, Bedroom 7, Bathroom 6, Bathroom 12, Bedroom 8, Bedroom 4, Bedroom 15, Bathroom 8, Bathroom 10, Bedroom 22, Bathroom 11, Bedroom 9, Bedroom 24, Bedroom 10, Bedroom 20, Bathroom 5
    Bedrooms
    24
    APN
    041-209-005-01
    Parking
    35
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.99 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1984
    Number of units
    16
    Building materials
    Wood Siding
    Roof type
    Composition

    NuCon Realty, LLC (616) 401-1595

    Listing agent Ryan D Kelley (616) 401-1595

    Listing date Dec 1, 2025

    MLS# 25060016 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

    16-Unit Multifamily Property For Sale

    This is an excellent opportunity to acquire a 16-unit income-producing multifamily property under court-appointed receivership. The property is located in Farwell, MI. It features coin laundry facilities onsite. The lot size is 0.99 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Daycare Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Farwell
    County
    Wayne
    State
    Michigan
    Longitude
    -84.870216
    Latitude
    43.837313

    Nearby Similar for Sale

    • $425,000
      6,616 SF

      Farwell Commercial/Industrial Property For Sale

      Office, business center, and bay garages in Farwell, Michigan.
      2655 W Ludington Dr, Farwell, MI 48622
      View Details
    • $300,000
      1,612 SF

      Turnkey Restaurant on Cadillac Drive

      Fully functional restaurant with updated features and drive-thru.
      3510 W Cadillac Ave, Farwell, MI 48622
      View Details
    • $220,000
      3,072 SF

      Versatile Commercial Building on 1.82 Acres

      Well-maintained 3,072 SF commercial building suitable for various uses.
      7972 N Winn Rd, Farwell, MI 48622
      View Details
    • $699,000

      Operating Dollar General Investment Opportunity

      9,014 SF Dollar General in Surrey Township on 1.44 acres.
      2400 W Cadillac Dr, Farwell, MI 48622
      View Details
    • $220,000

      Versatile Steel Building on 1.82 Acres

      Well-maintained 3,100 SF steel building on 1.82 acres.
      7972 N Winn Rd, Farwell, MI 48622
      View Details
    • $160,000
      1,152 SF

      Turnkey Restaurant Opportunity in Farwell

      Profitable seasonal restaurant with recent upgrades and loyal clientele.
      1876 W Ludington Dr, Farwell, MI 48622
      View Details

    FAQs

    What type of property is this?
    Apartment building - Income-producing 16-unit multifamily property in Farwell, Michigan.
    Where is this apartment building located?
    The property is located at 230 N Corning St Farwell, MI.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - 16-unit income-producing multifamily property; - Receivership sale offers a unique acquisition opportunity; - Financials and property details available to qualified buyers
    (616) 401-1595
    Request Owner's contact information
    230 N Corning St Farwell, MI 48622
    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.
    230 N Corning St
    Farwell, MI 48622
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    230 N Corning St Farwell, MI 48622
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.