Homer Village Duplex
For Sale
$314,500
203 East Main Street, Homer, MI 49245
Income-producing duplex in Homer, MI with strong rental appeal.
Property Size1,120 SF
Price / SF$280.80
Days on Market171
Property Features for 203 East Main Street
General Information
Standard status
Active
Size
1,120 SF
Property subtype
Multi Family / 2 to 4 Units
Zoning
Residential
Taxes and HOA fees
Annual Taxes
$4,560
Amenities
Central, Yes
Forced Air, Yes
No
Forced Air
Natural Gas
Central Air
Laundry Closet, Main Level
0.0
Composition
Garages, Sep Gas Meter, Tenant Storage
Paved, Public
Slab
Vinyl Siding
Building Details
Year Built
2009
Units
2
Listing Agency:
Berkshire Hathaway HomeServices Michigan Real Estate
Listed By:
Lori Sturdevant · License #6501368733
(269) 579-3626
Source:
Compass
Added: Mar 23
Changed: Sep 8
Last Checked: Sep 8 at 8:19AM
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 Berkshire Hathaway HomeServices Michigan Real Estate
Investment Insights
Based on property information with market context.
This duplex, constructed in 2009, presents an investment opportunity in the Village of Homer. Each unit features 2 bedrooms and 1.5 bathrooms, complemented by a 1-car garage and a storage room. A back patio with a privacy wall connects to the garage, enhancing the living space. The property is designed for comfortable living and is intended for rental purposes. Currently, the units are rented on a month-to-month basis, providing immediate income with the flexibility for future rent adjustments or owner occupancy. Tenants are responsible for all utilities, while the owner covers trash expenses. All appliances are owned and included in the sale. This turnkey, income-producing property offers potential for investors looking to expand their portfolio or for those interested in a house-hacking opportunity.
Key Highlights
- Immediate income from two rented units on a month‑to‑month basis.
- Low‑expense investment, tenants pay all utilities except trash.
- Built in 2009, newer duplex designed for comfortable living and rental appeal.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex in Homer, MI with strong rental appeal.
Where is this duplex located?
The property is located at 203 East Main Street Homer, MI.
What is the asking price?
The asking price for this property is $314,500.
What are key features of this property?
This property features: Immediate income from two rented units on a month‑to‑month basis.; Low‑expense investment, tenants pay all utilities except trash.; Built in 2009, newer duplex designed for comfortable living and rental appeal.
