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    23753 Red Arrow Hwy Mattawan, MI 49071

    For Sale
    $540,000

    MULTI_FAMILY - Mattawan, MI

    Lot size:
    1.00 Acre
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 23753 Red Arrow Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 5, Bedroom 10, Bedroom 6, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 8, Bedroom 9, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 7, Bedroom 3, Bedroom 2
    Bedrooms
    10
    APN
    100200103500
    Parking
    10
    Basement
    Partial
    Lot size
    1.00 Acre

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1976
    Number of units
    6
    Building materials
    Vinyl Siding
    Roof type
    Composition

    Berkshire Hathaway HomeServices MI (269) 342-5600

    Listing agent Greg Courtney

    Listing date Oct 15, 2025

    MLS# 25042716 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

    Mattawan Income-Producing Multi-Family Property

    Located on Red Arrow Highway in Mattawan, this income-producing multi-family property features six units. The property has a strong rental history. Recent updates include new plumbing, electrical systems, heating upgrades, additional insulation, fresh paint, LVP-carpet, cabinets, countertops, backsplash, appliances, and interior doors. Five of the six units have been recently remodeled, and second-story decks have been added. Tenants are responsible for their own utilities. A large parking lot is located at the rear of the property. The lot size is 1 acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mattawan
    County
    Van Buren
    State
    Michigan
    Longitude
    -85.783093
    Latitude
    42.237275

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property in Mattawan with recent updates and strong rental history.
    Where is this apartment building located?
    The property is located at 23753 Red Arrow Hwy Mattawan, MI.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: - Great income-producing 6-unit property with a strong rental history.; - **5 out of 6 units recently remodeled with extensive updates** (plumbing, electrical, heating, insulation, paint, flooring, cabinets, countertops, backsplash, appliances, interior doors, decks).; - Tenants pay their own utilities, simplifying management and maximizing income.
    (269) 342-5600
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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
    23753 Red Arrow Hwy Mattawan, MI 49071
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