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Mattawan Income-Producing Multi-Family Property
For Sale
$540,000

23753 Red Arrow Highway, Mattawan, MI 49071

MULTI_FAMILY - Mattawan, MI

Property SizeContact for details
Lot Size1.00 Acre
Days on Market366

Property Features for 23753 Red Arrow Highway

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Full bathrooms 6
Rooms Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 8, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 10, Bedroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 6, Bedroom 9
Parking 10
Basement Partial
Lot features Level
Elementary school district Mattawan
Middle school district Mattawan
High school district Mattawan
Directions Red Arrow just East of CR 652
Subdivision Greater Kalamazoo - K
Standard status Active
APN 100200103500
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Description 5-D1 1-3-13 911-327 815-300 1407-506 1528-317 COM AT W SEC L AT PT 128.2' S OF W 1/4 PT TH E 248' TO BEG DES TH N TO CEN RED ARROW HWY 252.1' TH NE LY ALG CEN HWY 517.9' TH S 1 DEG 15' E 383.6', TH W 509.45' TO BEG EXC COM ON W SEC L AT PT 128.2' SLY OF W 1/4 PT TH ELY 248' TO BEG OF DES TH NLY 252.1' TO CEN L OF RED ARROW HWY TH NELY ON CEN L 375.60' TH SLY 342.47', TH WLY 363.3' TO BEG.
Tax Annual Amount 3748
Legal Description 5-D1 1-3-13 911-327 815-300 1407-506 1528-317 COM AT W SEC L AT PT 128.2' S OF W 1/4 PT TH E 248' TO BEG DES TH N TO CEN RED ARROW HWY 252.1' TH NE LY ALG CEN HWY 517.9' TH S 1 DEG 15' E 383.6', TH W 509.45' TO BEG EXC COM ON W SEC L AT PT 128.2' SLY OF W 1/4 PT TH ELY 248' TO BEG OF DES TH NLY 252.1' TO CEN L OF RED ARROW HWY TH NELY ON CEN L 375.60' TH SLY 342.47', TH WLY 363.3' TO BEG.

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air
Water source Well

Building Details

Year built 1976
Number of units 6
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Berkshire Hathaway HomeServices MI
Listed By: Greg Courtney · License #6501361728
Added: Aug 21, 2025 Changed: Jul 25 Last Checked: Aug 21 at 5:06AM
MLS# 25042716

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.

Located on Red Arrow Highway in Mattawan, this income-producing multi-family property features six units. The property has a strong rental history. Recent updates include new plumbing, electrical systems, heating upgrades, additional insulation, fresh paint, LVP-carpet, cabinets, countertops, backsplash, appliances, and interior doors. Five of the six units have been recently remodeled, and second-story decks have been added. Tenants are responsible for their own utilities. A large parking lot is located at the rear of the property. The lot size is 1 acre.

Key Highlights

  • Mattawan 6‑unit property on Red Arrow Hwy; 5 of 6 units recently remodeled
  • Recent unit updates include new plumbing, new electrical, heating upgrades, additional insulation, fresh paint, LVP/carpet, cabinets, countertops, and appliances
  • Interior improvements also include backsplash and interior doors, plus 2nd story decks

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Restaurant Nail Salon Spa & Massage Center

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

6
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby

Demographics for 49071, MI

10,748
Population
4,415
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
97%
High-School Grad
29.4 sq mi
ZIP Area
366
Density / Sq Mi
$105,779
Median Household Income
$48,494
Median Earnings
$1,161
Median Rent
$261,900
Median Home Value

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-unit property in Mattawan with recent updates and strong rental history.
Where is this apartment building located?
The property is located at 23753 Red Arrow Highway Mattawan, MI.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Mattawan 6‑unit property on Red Arrow Hwy; 5 of 6 units recently remodeled; Recent unit updates include new plumbing, new electrical, heating upgrades, additional insulation, fresh paint, LVP/carpet, cabinets, countertops, and appliances; Interior improvements also include backsplash and interior doors, plus 2nd story decks
More about this property
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