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    500 River St Three Rivers, MI 49093

    For Sale
    $350,300

    MULTI_FAMILY - Three Rivers, MI

    Lot size:
    0.48 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 500 River St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 1
    Bedrooms
    8
    APN
    051 230 018 01
    Parking
    5
    Parking features
    Driveway
    Lot size
    0.48 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Radiant
    Water front
    1

    Building Details

    Year built
    1972
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Composition

    Michigan Top Producers (269) 659-2791

    Listing agent Kascee Wyatt (517) 677-1789

    Listing date Nov 20, 2025

    MLS# 25059338 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

    Riverfront Quadplex in Three Rivers

    This well-maintained quadplex, located in Three Rivers, presents an investment opportunity with direct river frontage. The property maintains a 100% occupancy rate. Each of the four units includes 2 bedrooms and 1 full bathroom. The property generates $750 per month per unit. The building is situated on a stretch of the river, providing tenants with scenic views and access to downtown amenities, parks, and schools. The property is located on a 0.48-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Three Rivers
    County
    St. Joseph
    State
    Michigan
    Longitude
    -85.628111
    Latitude
    41.940218

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained quadplex with river frontage and 100% occupancy.
    Where is this quadplex located?
    The property is located at 500 River St Three Rivers, MI.
    What is the asking price?
    The asking price for this property is $350,300.
    What are key features of this property?
    This property features: - Direct river frontage offering scenic views and recreational opportunities.; - Proven track record of 100% occupancy, ensuring consistent rental income.; - Four units, each with 2 bedrooms and 1 bathroom, providing desirable living spaces.
    (517) 677-1789
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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
    500 River St Three Rivers, MI 49093
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