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Historic Three-Unit Townhouse Property
For Sale
$425,000

721 E Bridge Street, Plainwell, MI 49080

MULTI_FAMILY - Plainwell, MI

Lot Size0.15 Acres
Days on Market342

Property Features for 721 E Bridge Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 3
Half bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bathroom 5, Bedroom 6, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 6, Bedroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Basement
Parking 11
Parking features Driveway
Basement Full
Lot features Corner Lot
Elementary school district Plainwell
Middle school district Plainwell
High school district Plainwell
Directions M-89 east from downtown Plainwell to property on the north side of road next to Old Mill restaurant.
Subdivision Greater Kalamazoo - K
Standard status Active
APN 03-55-270-028-10
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description see attached
Tax Annual Amount 4633
Legal Description see attached

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1890
Number of units 4
Building materials Brick, Wood Siding
Roof type Metal
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Cheri S Schulz · License #6502136063
Added: Aug 25, 2025 Changed: Jul 25 Last Checked: Aug 1 at 8:06PM
MLS# 25043254

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 converted historic grainery property is arranged as three units with distinctive original features incorporated throughout. The two upper-level townhouses each include 2 bedrooms, 1 1/2 baths, in-unit laundry, and access to a rooftop patio; both upper units share the same layout.

The main-level unit offers flexible configuration as either a commercial space with a 1/2 bath or a living area, along with a finished lower-level living area that includes a kitchen, full bath, laundry, and potential for 2 bedrooms with minor modifications, plus a private patio.

In addition, the property includes a historic caboose that has been utilized as a rental/commercial unit. The listing also notes a strong rental history and includes parcel number 03-55-270-028-00.

Key Highlights

  • Converted historic grainery built in 1890, featuring brick and wood siding construction and a metal roof
  • 3‑unit townhouse building with original grainery features incorporated into each unit
  • Two upper‑level townhouses: each offers 2 bedrooms, 1 1/2 baths, in‑unit laundry, and access to a rooftop patio

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Restaurant Pharmacy Parking Lot & Garage Kitchen & Bath Showroom Skin Care Clinic

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

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 49080, MI

15,994
Population
6,582
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
77.4 sq mi
ZIP Area
207
Density / Sq Mi
$75,250
Median Household Income
$42,775
Median Earnings
$982
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Converted historic grainery offering three townhome-style units, including rooftop patio access and an additional caboose rental unit.
Where is this quadplex located?
The property is located at 721 E Bridge Street Plainwell, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Converted historic grainery built in 1890, featuring brick and wood siding construction and a metal roof; 3‑unit townhouse building with original grainery features incorporated into each unit; Two upper‑level townhouses: each offers 2 bedrooms, 1 1/2 baths, in‑unit laundry, and access to a rooftop patio
More about this property
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