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Multi-Unit Building Near Downtown
For Sale
$232,400

21 Spring Battle, Battle Creek, MI 49037

Six fully rented units near downtown Battle Creek.

Property SizeContact for details
Days on Market207

Property Features for 21 Spring Battle

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Radiant

Building Details

Year Built 1920
Listing Agency: eXp Realty LLC
Listed By: Skyler A Sebring
Source: Kw
Added: Feb 18 Changed: Sep 12 Last Checked: Sep 12 at 11:09AM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

This multi-unit building features six fully rented units. The property is located less than one mile from downtown Battle Creek and is within walking distance of bus stops. The property has multiple long-term tenants. A valid rental certificate is in place until July 27. The property netted over 26.8k in 2025.

Key Highlights

  • Immediate cash flow with a net income of over $26.8k in 2025.
  • High cap rate of over 10% with potential for growth.
  • Six fully rented units with long‑term tenants.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Hair Salon Furniture & Home Goods Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 49037, MI

21,427
Population
9,971
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
1,110
Density / Sq Mi
$42,598
Median Household Income
$32,024
Median Earnings
$843
Median Rent
$90,600
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six fully rented units near downtown Battle Creek.
Where is this apartment building located?
The property is located at 21 Spring Battle Battle Creek, MI.
What is the asking price?
The asking price for this property is $232,400.
What are key features of this property?
This property features: Immediate cash flow with a net income of over $26.8k in 2025.; High cap rate of over 10% with potential for growth.; Six fully rented units with long‑term tenants.
More about this property
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