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4-Unit Apartment Building
For Sale
$260,000

103 S Main, Chesaning, MI 48616

Separate utility meters serve residences with unit-specific improvements to kitchens, baths, flooring, windows, and heating features.

Property SizeContact for details
Days on Market115

Property Features for 103 S Main

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

separate utility meters
washer/dryer combo
Ceiling Fan(s)
Wall Heat
Range/Oven
Refrigerator

Building Details

Year Built 1870
Buildings 1
Listing Agency: Re/max TriCounty
Listed By: Denise Ebenhoeh · License #6502372054
Source: Kw
Added: May 9 Changed: Aug 29 Last Checked: Aug 29 at 7:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/max TriCounty

Investment Insights

Based on property information with market context.

This four-unit apartment property contains two two-bedroom residences and two one-bedroom residences. Each unit is separately metered for utilities. Interior improvements vary by residence and include an updated kitchen and bath, newer kitchen flooring, a remodeled bathroom, refreshed flooring and lighting, ceiling fans, a washer/dryer combination, a newer living room picture window, and newer carpeting. Wall heat, ranges/ovens, and refrigerators are included among the building’s features.

Major property work includes a roof replacement completed in 2022. The building was constructed in 1870 and is located at 103 S Main in Chesaning, Michigan. Additional unit details include a newer porch and wall furnace in Unit B, while Unit C includes a wall furnace and washer/dryer combination.

Key Highlights

  • Four‑unit configuration with two two‑bedroom units and two one‑bedroom units
  • Separate utility meters for each residence
  • New roof completed in 2022

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic Daycare Center Computer & Electronic Repair

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

Demographics for 48616, MI

7,458
Population
3,226
Households
2.3
Avg Household Size
45
Median Age
14%
College-Educated
92%
High-School Grad
81.1 sq mi
ZIP Area
92
Density / Sq Mi
$67,801
Median Household Income
$39,141
Median Earnings
$744
Median Rent
$153,400
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?
Quadplex - Separate utility meters serve residences with unit-specific improvements to kitchens, baths, flooring, windows, and heating features.
Where is this quadplex located?
The property is located at 103 S Main Chesaning, MI.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Four‑unit configuration with two two‑bedroom units and two one‑bedroom units; Separate utility meters for each residence; New roof completed in 2022
More about this property
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