Income Property with Recent
For Sale
$540,000
23753 Red Arrow Hwy, Mattawan, MI 49071
Six-unit property in Mattawan with remodeled units and strong rental history.
Property SizeContact for details
Lot Size1.00 Acre
Days on Market164
Property Features for 23753 Red Arrow Hwy
General Information
Standard status
Active
Lot size
1.00 Acre
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$3,748
Building Details
Year Built
1976
Units
6
Listing Agency:
Berkshire Hathaway HomeServices MI
(269) 207-8124
Listed By:
Greg Courtney · License #6501361728
(269) 207-8124
Source:
Elliman
Added: Mar 11
Changed: Aug 12
Last Checked: Aug 20 at 9:37AM
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 MI
Investment Insights
Based on property information with market context.
This six-unit income property is located on Red Arrow Highway in Mattawan. The property has a history of generating income. Recent updates have been made to five of the six units, including new plumbing, electrical systems, heating upgrades, additional insulation, fresh paint, LVP-carpet flooring, cabinets, countertops, backsplash, appliances, and interior doors. Second-story decks have also been added. Tenants are responsible for paying their own utilities. A large parking lot is located in the rear of the property.
Key Highlights
- Great income‑producing 6‑unit property.
- 5 out of 6 units recently remodeled with extensive upgrades to plumbing, electrical, heating, and insulation.
- Remodeled units feature new LVP‑carpet, cabinets, countertops, backsplash, appliances, and interior doors.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit property in Mattawan with remodeled units and strong rental history.
Where is this apartment building located?
The property is located at 23753 Red Arrow Hwy 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: Great income‑producing 6‑unit property.; 5 out of 6 units recently remodeled with extensive upgrades to plumbing, electrical, heating, and insulation.; Remodeled units feature new LVP‑carpet, cabinets, countertops, backsplash, appliances, and interior doors.
