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5-Unit Multifamily Property

144 E 88th Street, Newaygo, MI 49337

For Sale
$700,000

Multi Family, Newaygo, MI

Property SizeContact for details
Lot Size2.88 Acres
Days on Market16

Property Features for 144 E 88th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R-2
Bedrooms 11
Full bathrooms 5
Half bathrooms 2
Rooms Bathroom 4, Bedroom 9, Bathroom 7, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 4, Bedroom 10, Bathroom 1, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 11, Bathroom 2
Parking 8
Basement Crawl Space
Lot features Level, Wooded
Elementary school district Newaygo
Middle school district Newaygo
High school district Newaygo
Directions M-37 to E. 88th St. Right to property
Standard status Active
APN 19-31-126-002
Lot size 2.88 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 16 & 17 MAUREEN ACRES
Tax Annual Amount 14620
Legal Description LOTS 16 & 17 MAUREEN ACRES

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air, Hot Water(Heating)
Water source Well

Building Details

Year built 1972
Number of units 5
Building materials Aluminum Siding
Roof type Composition
Buildings 2
Listing Agency: 616 Realty LLC
Listed By: Stephanie Langeland · License MI #6501371187
Added: Oct 29 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 26060056

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.

Rey
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Investment Insights

Based on property information with market context.

The 2.88-acre property contains five rental residences arranged in two buildings: a duplex and a triplex. The unit mix includes three 2-bedroom, 1-bath residences, one two-story 2-bedroom, 1.5-bath residence, and one two-story 3-bedroom, 1.5-bath residence. All five units are occupied. Built in 1972, the property has aluminum siding, composition roofing, forced-air and hot-water heating, a private well, and a septic system.

The property is near Hess Lake in Newaygo, Michigan.

Key Highlights

  • Five occupied rental residences across a duplex and a triplex
  • 2.88‑acre parcel near Hess Lake
  • Unit mix: three 2‑bedroom, 1‑bath units; one two‑story 2‑bedroom, 1.5‑bath unit; one two‑story 3‑bedroom, 1.5‑bath unit

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 49337, MI

12,854
Population
6,688
Households
1.9
Avg Household Size
44
Median Age
18%
College-Educated
90%
High-School Grad
110.3 sq mi
ZIP Area
117
Density / Sq Mi
$64,442
Median Household Income
$38,034
Median Earnings
$1,021
Median Rent
$191,000
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two buildings combine duplex and triplex layouts, with all five residences currently occupied by renters.
Where is this multifamily property located?
The property is located at 144 E 88th Street Newaygo, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Five occupied rental residences across a duplex and a triplex; 2.88‑acre parcel near Hess Lake; Unit mix: three 2‑bedroom, 1‑bath units; one two‑story 2‑bedroom, 1.5‑bath unit; one two‑story 3‑bedroom, 1.5‑bath unit
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