Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Battle Creek Duplex For Sale Title is generated by Realmo AI

    1823 W Michigan Avenue W, Battle Creek, MI 49037

    View on Map
    Claim this Listing
    Pending
    $140,000

    MULTI_FAMILY - Battle Creek, MI

    Lot size:
    0.14 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    38
    Last Refresh:
    May 23 at 8:06 am

    Property Features for 1823 W Michigan Avenue W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Rooms
    Basement, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
    Parking
    2
    Basement
    Walk-Out Access, Full
    Standard status
    Pending
    APN
    52-9850-00-013-0
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    WOODLAWN ADD TO URBANDALE LOT 13
    Tax Annual Amount
    1711

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1940
    Number of units
    2
    Building materials
    Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Jeffrey Penick
    Jeffrey Penick

    Listing agent Jeffrey Penick License #6501339372

    Listing office RE/MAX Perrett Associates 317 E Columbia Ave., Battle Creek, MI

    Listing date Apr 16, 2026

    MLS# 26015819 Listing URL

    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.

    HighLights

    • Duplex property offers immediate rental income potential.
    • Main floor unit has a long‑term tenant (3 years).
    • Upstairs unit is vacant, allowing for immediate tenant placement.
    • Includes a 2‑car detached garage.
    • Fenced backyard with a deck.
    • Each unit has 1 bedroom, living room, kitchen, and full bathroom.

    Overview

    This property is a duplex located in Battle Creek, Michigan. It features a top and bottom split rental configuration. Both units include one bedroom, a living room, a kitchen, and a full bathroom. The main floor unit is currently occupied by a tenant who has resided there for three years. The upstairs unit is vacant and available for a new tenant. The property includes a fenced backyard and a deck. A two-car detached garage is also located on the premises. The lot size is 0.14 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.244582
    Latitude
    42.348533

    Nearby Similar for Sale

    • $480,000
      4,880 SF

      Battle Creek Commercial Property For Sale

      Commercial property on a high-traffic street near major developments.
      510 E Columbia Avenue, Battle Creek, MI 49014
      View Details
    • $1,100,000
      11,061 SF

      High-Visibility Commercial Opportunity in Battle Creek

      Well-maintained commercial property with diverse tenant mix and excellent accessibility.
      12898 Beadle Lake Road, Battle Creek, MI 49014
      View Details
    • $199,900
      960 SF

      Battle Creek Commercial Opportunity

      Commercial property near medical offices, hotels, restaurants, and I-94.
      4672 Beckley Road, Battle Creek, MI 49015
      View Details
    • $399,000
      6,103 SF

      Battle Creek Commercial Property For Sale

      Commercial property with high ratings and new roofs in Battle Creek.
      21995 Bedford Road N, Battle Creek, MI 49017
      View Details
    • $450,000
      3,690 SF

      Battle Creek Restaurant and Lounge

      Turnkey restaurant and lounge in Battle Creek, Michigan for sale.
      883 North Avenue, Battle Creek, MI 49017
      View Details
    • $600,000
      12,000 SF

      Battle Creek Retail/Warehouse Opportunity

      12,000 sq ft retail/warehouse on 2 acres in Battle Creek.
      4343 W Columbia Avenue, Battle Creek, MI 49015
      View Details
    • $225,000
      1,316 SF

      Established Restaurant Opportunity in Battle Creek

      Turnkey restaurant with loyal customer base in high-visibility location.
      916 North Avenue, Battle Creek, MI 49017
      View Details
    • $899,000
      41,600 SF

      Revitalized Industrial Property For Sale

      Industrial property with renovated buildings, ample space, leasing considered.
      101 Bishop, Battle Creek, MI 49037
      View Details
    • $1,890,000
      16,200 SF

      Battle Creek Office Building

      Versatile 16,200 SF building on 3 acres near I-94.
      3630 Capital Avenue SW, Battle Creek, MI 49015
      View Details
    • $225,000
      1,396 SF

      Renovated Commercial Building, Battle Creek

      Fully renovated commercial building suitable for various business types.
      14501 Beadle Lake Road, Battle Creek, MI 49017
      View Details
    • $445,000
      2,100 SF

      Sticky's Battle Creek - Can be converted to Drive Through Food Service

      Modern 2,100 sq. ft. retail building on 1.27 acres.
      625 North Ave, Battle Creek, MI 49017
      View Details
    • $299,000
      10,148 SF

      Downtown Battle Creek Mixed-Use Building

      Two-story building in downtown Battle Creek suitable for various uses.
      56 E Michigan Avenue, Battle Creek, MI 49017
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex with long-term tenant and vacant unit in Battle Creek.
    Where is this duplex located?
    The property is located at 1823 W Michigan Avenue W Battle Creek, MI.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Duplex property offers immediate rental income potential.; Main floor unit has a long‑term tenant (3 years).; Upstairs unit is vacant, allowing for immediate tenant placement.
    (269) 968-6101
    We can help!
    Listing Contact
    Jeffrey Penick
    Jeffrey Penick
    Real Estate License ID: 6501339372
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1823 W Michigan Avenue W, Battle Creek, MI 49037
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!