Multifamily Investment Opportunity in
For Sale
$170,000
Pending
112 W Clinton St, Augusta, MI 49012
Three-unit property near downtown Augusta with rental upside.
Property SizeContact for details
Days on Market118
Property Features for 112 W Clinton St
General Information
Standard status
Pending
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,421
Building Details
Year Built
1900
Units
3
Listing Agency:
NAI Wisinski of West Michigan - Kalamazoo
(269) 370-6437
Listed By:
Connor Schultze · License #6501373674
(269) 370-6437
Source:
Elliman
Added: Apr 26
Changed: Aug 20
Last Checked: Aug 20 at 12:00PM
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 NAI Wisinski of West Michigan - Kalamazoo
Investment Insights
Based on property information with market context.
This three-unit multifamily property is located on West Clinton Street in Augusta, Michigan, offering convenient access to downtown amenities and local businesses. The property has a history of reliable, long-term tenants. All three furnaces have been replaced, with one replaced in 2026. A durable steel roof has been installed. One unit became available in April, offering flexibility for a new tenant or potential owner-occupant. Current rents are slightly below market, presenting upside potential as all tenants are on month-to-month leases. The property may be purchased at a discounted price together with the adjacent Dig In Cafe on West Michigan Avenue, allowing for convenient shared maintenance and operations. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 31, indicating car-dependent.
Key Highlights
- Multifamily investment property with strong rental history and reliable, long‑term tenants.
- Opportunity for increased rental income due to below‑market rents and month‑to‑month leases.
- Recent upgrades include a durable steel roof and newer furnaces (all replaced within the past five years).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 49012, MI
3,477
Population
1,344
Households
2.6
Avg Household Size
46
Median Age
32%
College-Educated
96%
High-School Grad
42.2 sq mi
ZIP Area
82
Density / Sq Mi
$78,365
Median Household Income
$41,026
Median Earnings
$845
Median Rent
$248,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property near downtown Augusta with rental upside.
Where is this triplex located?
The property is located at 112 W Clinton St Augusta, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Multifamily investment property with strong rental history and reliable, long‑term tenants.; Opportunity for increased rental income due to below‑market rents and month‑to‑month leases.; Recent upgrades include a durable steel roof and newer furnaces (all replaced within the past five years).
