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    505 E Chicago Rd White Pigeon, MI 49099

    For Sale
    $270,000

    Tri-plex with rental income potential near schools and amenities.

    Lot size:
    0.28 Acres

    Property Features for 505 E Chicago Rd

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1950

    Source: RE/MAX Elite Group T.R. Agent Dustin Kline

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Tri-Plex For Sale

    This well-maintained tri-plex offers rental income potential and is located within walking distance of schools, a pharmacy, a park, restaurants, and stores. The property features three spacious units designed for comfortable living and long-term tenant appeal. Each unit includes a range and refrigerator, ensuring immediate move-in readiness. Ample outdoor parking space and a garage provide convenient, covered, and secured parking or additional storage. Each unit has separate entrances and functional layouts. The property is located in an area with strong rental demand, making it suitable for owner-occupants and investors seeking steady cash flow.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    White Pigeon
    County
    St. Joseph
    State
    Michigan
    Longitude
    -85.63639
    Latitude
    41.79838

    Nearby Similar for Sale

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    • $432,000
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    FAQs

    What type of property is this?
    Triplex - Tri-plex with rental income potential near schools and amenities.
    Where is this triplex located?
    The property is located at 505 E Chicago Rd White Pigeon, MI.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: - Excellent rental income potential; - Great location: walking distance to schools, pharmacy, park, restaurants, and stores; - Three spacious units designed for comfortable living and long-term tenant appeal
    (269) 506-7716
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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
    505 E Chicago Rd White Pigeon, MI 49099
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