Search
Three-Unit Triplex with Updated Systems

2 Reading Avenue, Hillsdale, MI 49242

For Sale
New
$229,900

Multi Family, Hillsdale, MI

Property SizeContact for details
Lot Size0.24 Acres
Days on Market4

Property Features for 2 Reading Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description RD-1
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Basement, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Parking 3
Elementary school district Hillsdale
Middle school district Hillsdale
High school district Hillsdale
Standard status Active
APN 006-327-452-20
Lot size 0.24 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 0.24A+/- KINYONS ADDN SEC 27 T6S R3W THIRD WARD AS OF 12/31/2018 - WARD 3 LOT 1 0.24A+/- KINYONS ADDN SEC 27 T6S R3W THIRD WARD
Tax Annual Amount 5284
Legal Description LOT 1 0.24A+/- KINYONS ADDN SEC 27 T6S R3W THIRD WARD AS OF 12/31/2018 - WARD 3 LOT 1 0.24A+/- KINYONS ADDN SEC 27 T6S R3W THIRD WARD

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1904
Number of units 3
Listing Agency: RE/MAX Platinum
Listed By: Arin Hoekstra
Added: Nov 4 Last Checked: Nov 7 at 3:06PM
MLS# 26058492

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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Hillsdale triplex contains three apartments on a 0.24-acre parcel and was built in 1904. The largest unit is vacant; the other two are occupied. Interior renovations, an electrical system upgrade, a newer metal roof, and vinyl siding are among the property’s improvements. Four high-efficiency forced-air furnaces serve the three units and basement, and central air is present. Natural gas is available.

Tenants pay gas, electric, and water; the landlord covers trash service. The property’s three-unit configuration and current vacancy arrangement are practical features for an owner or investor evaluating the building.

Key Highlights

  • Three‑unit multifamily property on 0.24 acres
  • Largest unit is vacant; two other units are occupied
  • Four high‑efficiency furnaces serve the apartments and basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby

Demographics for 49242, MI

14,812
Population
6,687
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
90.6 sq mi
ZIP Area
163
Density / Sq Mi
$57,813
Median Household Income
$28,886
Median Earnings
$770
Median Rent
$182,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - The largest apartment is vacant, while the other two units are occupied.
Where is this triplex located?
The property is located at 2 Reading Avenue Hillsdale, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Three‑unit multifamily property on 0.24 acres; Largest unit is vacant; two other units are occupied; Four high‑efficiency furnaces serve the apartments and basement
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
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
Why this one?
Saved