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Well-Maintained Four-Unit Residential Property
For Sale
$331,700
Pending

201 Orchard Street, Constantine, MI 49042

Residential income property with steady rental income in Constantine, MI.

Property Size3,036 SF
Days on Market192

Property Features for 201 Orchard Street

General Information

Standard status Pending
Size 3,036 SF
Property subtype Residential Income / Multi Family
Zoning Res

Taxes and HOA fees

Annual Taxes $2,770

Amenities

Wall Unit(s), Yes
Forced Air, Yes
No
Forced Air
Natural Gas
Wall Unit(s)
Common Area
0.0
Composition
Laundry Facility, Sep Electric Meter, Sep Gas Meter
Paved, Public
Crawl Space
Vinyl Siding

Building Details

Year Built 1970
Units 4
Listing Agency: HG Real Estate
Listed By: Garrett Hall · License #6502432494
Source: Compass
Added: Apr 17 Changed: Oct 16 Last Checked: Oct 24 at 7:58PM

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 HG Real Estate

Rey
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Investment Insights

Based on property information with market context.

This well-maintained four-unit residential property is located in a residential neighborhood. Each unit features two bedrooms and one bathroom. A coin-operated laundry is available for tenants. The property generates a gross monthly revenue of $3175. Tenants are responsible for all utilities except water and sewer. In recent years, three of the four heating units have been replaced. Each unit has been updated with new LVP flooring and countertops. The property has a bike score of 41, indicating it is somewhat bikeable, and a walk score of 39, suggesting car dependence.

Key Highlights

  • Gross monthly revenue of $3175 from this 4‑unit property.
  • Tenants pay all utilities except water and sewer.
  • Each unit has 2 bedrooms and 1 bath.

Property Analytics

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

Location Intelligence

Trade Area within ½ mile

159
Businesses Nearby

Demographics for 49042, MI

4,641
Population
2,000
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
57.1 sq mi
ZIP Area
81
Density / Sq Mi
$72,536
Median Household Income
$44,656
Median Earnings
$780
Median Rent
$161,500
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?
Quadplex - Residential income property with steady rental income in Constantine, MI.
Where is this quadplex located?
The property is located at 201 Orchard Street Constantine, MI.
What is the asking price?
The asking price for this property is $331,700.
What are key features of this property?
This property features: Gross monthly revenue of $3175 from this 4‑unit property.; Tenants pay all utilities except water and sewer.; Each unit has 2 bedrooms and 1 bath.
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