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Two-Unit Duplex with Garage
New
For Sale
$199,000

176 W Pearl St, Coldwater, MI 49036

One unit is leased, while the second provides a two-bedroom layout for additional flexibility.

Property SizeContact for details
Days on Market4

Property Features for 176 W Pearl St

General Information

Standard status Active
Property subtype Investment

Units

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

Taxes and HOA fees

Annual Taxes $2,679

Building Details

Year Built 1900
Buildings 1
Units 2
Listing Agency: Tyler Milliman Red Wood Realty
Listed By: Sheri Hayes
Source: Elliman
Added: Aug 8 Changed: Aug 11 Last Checked: Aug 10 at 8:31AM

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 Tyler Milliman Red Wood Realty

Investment Insights

Based on property information with market context.

Located at 176 W Pearl St in Coldwater, Michigan, this duplex contains two separate residential units, including a two-bedroom unit and a one-bedroom unit that is already leased. The configuration supports continued rental use, with the leased unit providing an existing income stream and the second unit available for occupancy or leasing, as applicable.

A detached garage adds storage capacity beyond the living areas. The property is positioned near schools, shopping, dining, and other everyday amenities. It was built in 1900 and has a walk score of 18, indicating a car-dependent setting, along with a bike score of 33, classified as somewhat bikeable.

Key Highlights

  • Duplex with separate 2‑bedroom and 1‑bedroom units
  • 1‑bedroom unit is already leased
  • Detached garage provides additional storage

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Skin Care Clinic HVAC Service Acupuncture Furniture & Home Goods

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 49036, MI

24,632
Population
11,663
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
89%
High-School Grad
154.2 sq mi
ZIP Area
160
Density / Sq Mi
$59,649
Median Household Income
$33,205
Median Earnings
$913
Median Rent
$155,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - One unit is leased, while the second provides a two-bedroom layout for additional flexibility.
Where is this duplex located?
The property is located at 176 W Pearl St Coldwater, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex with separate 2‑bedroom and 1‑bedroom units; 1‑bedroom unit is already leased; Detached garage provides additional storage
More about this property
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