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Renovated Duplex Investment Opportunity
For Sale
$299,900

201 E Main Street, Homer, MI 49245

MULTI_FAMILY - Homer, MI

Property SizeContact for details
Lot Size0.20 Acres
Days on Market152

Property Features for 201 E Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Basement, Bathroom 3
Parking 2
Parking features Paved or Surfaced
Basement Partial
Lot features Sidewalk, Corner Lot
Elementary school district Homer
Middle school district Homer
High school district Homer
Directions From M-60 head south onto Webster and the home is on the corner of Main and Webster.
Standard status Active
APN 134312001700
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HOMER VILLAGE T4S R4W ORIGINAL PLAT LOT 19
Tax Annual Amount 1375
Legal Description HOMER VILLAGE T4S R4W ORIGINAL PLAT LOT 19

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1880
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate
Listed By: Lori Sturdevant
Added: Mar 23 Changed: Jul 25 Last Checked: Aug 21 at 12:06PM
MLS# 26011285

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.

Investment Insights

Based on property information with market context.

This fully renovated duplex, located in the village of Homer, Michigan, presents an investment opportunity. The property has been completely transformed since 2021. Each unit features 2 bedrooms and an open-concept layout. The units are rented on a month-to-month basis, providing immediate income with flexibility for future rent adjustments or owner occupancy. Tenants are responsible for all utilities, with the owner responsible for trash removal. All appliances are owned and included in the sale. The property sits on a 0.2-acre lot. The duplex is designed for comfortable living and strong rental appeal. Each unit also includes sheds. This turnkey, income-producing property offers potential for investors looking to expand their portfolio or for owner-occupancy.

Key Highlights

  • Fully renovated duplex in the Village of Homer, completely transformed top‑to‑bottom since 2021
  • 2‑bedroom, open‑concept layout in each unit
  • Month‑to‑month tenant arrangements; tenants pay all utilities and owner pays only trash

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Hair Salon Restaurant (Bike/Boat/Book/etc) Store Nail Salon Grocery & Convenience Store

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby

Demographics for 49245, MI

4,672
Population
1,830
Households
2.6
Avg Household Size
39
Median Age
11%
College-Educated
86%
High-School Grad
92.5 sq mi
ZIP Area
51
Density / Sq Mi
$59,460
Median Household Income
$35,197
Median Earnings
$822
Median Rent
$146,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Fully renovated duplex in Homer, MI, offering immediate income.
Where is this duplex located?
The property is located at 201 E Main Street Homer, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Fully renovated duplex in the Village of Homer, completely transformed top‑to‑bottom since 2021; 2‑bedroom, open‑concept layout in each unit; Month‑to‑month tenant arrangements; tenants pay all utilities and owner pays only trash
More about this property
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