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Updated Two-Unit Duplex with Bay Windows
For Sale
Under Contract
$199,900

422 N Main Street, Watervliet, MI 49098

MULTI_FAMILY - Watervliet, MI

Property SizeContact for details
Lot Size0.30 Acres
Days on Market71

Property Features for 422 N Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Basement
Parking 8
Basement Full
Lot features Adj to Public Land, Sidewalk
Elementary school district Watervliet
Middle school district Watervliet
High school district Watervliet
Standard status Active Under Contract
APN 11-78-0340-0027-00-1
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THE S1/2 OF LOT 26 & N 13.89' OF LOT 27 REVISED PLAT OF CITY OF WATERVLIET EXC R/W FOR ALLEY
Tax Annual Amount 4538
Legal Description THE S1/2 OF LOT 26 & N 13.89' OF LOT 27 REVISED PLAT OF CITY OF WATERVLIET EXC R/W FOR ALLEY

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Forced Air
Cooling system Central Air

Building Details

Year built 1947
Number of units 2
Building materials Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: Wright Properties
Listed By: Kerry M Wright · License #6506043362
Added: Jun 2 Changed: Jul 25 Last Checked: Aug 11 at 11:06PM
MLS# 26026362

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 updated two-unit duplex is set up to produce rental income while still working as a home for an owner-occupant. The front unit is a 3-bedroom, 1-bath layout with bay windows and detailed woodwork, plus a large living room and additional bedrooms on the upper level. It includes air conditioning, a washer and dryer, and a basement for extra storage. The back unit offers 2 bedrooms and 1.5 baths, featuring a spacious living room with a wood-burning fireplace. Upstairs, the unit includes a bedroom with a large closet and an en-suite master bath. Both units benefit from recent improvements, including a new roof, new flooring, and new paint.

Located at 422 N Main Street in Watervliet, the property offers a practical setup for tenants who want both independence and convenience. Parking is described as plentiful, which can reduce day-to-day friction for residents and visitors.

The configuration makes this duplex well-suited for investors seeking straightforward two-tenant cash flow, or buyers looking to live in one unit while renting the other. With in-unit laundry, multiple bedroom layouts, and basement storage, it should appeal to tenants who want functional space and day-to-day comforts.

Key Highlights

  • 2‑unit home built in 1947 with vinyl and wood siding and a composition roof
  • Front unit: 3 bed/1 bath with bay windows and intricate woodwork; living room 15x23; master bedroom 11x13
  • Back unit: 2 bed/1.5 bath with spacious living room 13x25 and a wood‑burning fireplace; upstairs bedroom 13x15 with large closet

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Big Box & Wholesale Store Building Supply Spa & Massage 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 49098, MI

5,739
Population
3,032
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
88%
High-School Grad
32.6 sq mi
ZIP Area
176
Density / Sq Mi
$56,899
Median Household Income
$30,278
Median Earnings
$1,253
Median Rent
$150,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Spacious 2-unit duplex with new roof, flooring, and paint, offering rental-income upside with generous living space.
Where is this duplex located?
The property is located at 422 N Main Street Watervliet, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2‑unit home built in 1947 with vinyl and wood siding and a composition roof; Front unit: 3 bed/1 bath with bay windows and intricate woodwork; living room 15x23; master bedroom 11x13; Back unit: 2 bed/1.5 bath with spacious living room 13x25 and a wood‑burning fireplace; upstairs bedroom 13x15 with large closet
More about this property
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