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Four-Unit Residential Property

3078 Sandy Beach Street, Wayland, MI 49348

For Sale
$450,000
Pending

Multi Family, Wayland, MI

Property SizeContact for details
Lot Size0.37 Acres
Days on Market244

Property Features for 3078 Sandy Beach Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description res
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3
Parking 5
Parking features Paved or Surfaced
Basement Crawl Space
Lot features Level, Recreational, Corner Lot
Elementary school Baker Middle School
High school Wayland High School
Elementary school district Wayland
Middle school district Wayland
High school district Wayland
Directions Patterson Road South 1.5 miles from the intersection M179 (Gun Lake BP and McDonalds) Turn left on Rea Avenue. At end of street turn left. Units start at mail boxes.
Standard status Pending
APN 16-205-001-60
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 6 & 7 BLK 2 SANDY BEACH PARK SEC 30 T3N-R10W. ALSO THAT PART OF LOT 5 BLK 2 SANDY BEACH PARK DESC AS: BEG SE COR SD LOT 5; TH W 10' ALG SD S LI; TH NELY TO NE COR SD LOT 5, TH S ALG E LI SD LOT TO POB. (2016T)
Tax Annual Amount 3569
Legal Description LOTS 6 & 7 BLK 2 SANDY BEACH PARK SEC 30 T3N-R10W. ALSO THAT PART OF LOT 5 BLK 2 SANDY BEACH PARK DESC AS: BEG SE COR SD LOT 5; TH W 10' ALG SD S LI; TH NELY TO NE COR SD LOT 5, TH S ALG E LI SD LOT TO POB. (2016T)

Utilities

Heating system Forced Air
Water source Well

Building Details

Year built 1920
Number of units 4
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Greenridge Realty (Wayland)
Listed By: Linda J Rough · License MI #6504158263
Added: Mar 12 Changed: Nov 2 Last Checked: Nov 10 at 9:06PM
MLS# 26009676

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.

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Investment Insights

Based on property information with market context.

Set on 0.37 acres, this four-unit residential property comprises three individual houses and a two-story studio apartment. The homes measure approximately 600, 700, and 800 square feet; the 700-square-foot house has one bedroom, while the 800-square-foot house has two. Each home includes a stove and refrigerator, a shed, a front porch, and a back deck. The 600-square-foot house also has a porch and deck. The studio apartment measures 1,120 square feet and includes a stove, refrigerator, washer, dryer, center island, and full bathroom. Its upper level has a sleeping area and walk-in closet, and French doors open to a small deck. A 28-by-40-foot pole barn is also on site. All units have off-street parking, and the property is served by a well and forced-air heating.

The property is on a paved road, about one mile from an Allegan County park and boat launch and one mile from a grocery store and post office. The four units are being offered together.

Key Highlights

  • Four residential units: three detached houses and a two‑story studio apartment
  • Three houses measure approximately 600, 700, and 800 square feet; studio apartment is 1,120 square feet
  • 28‑by‑40‑foot pole barn; source notes potential for boat storage

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 49348, MI

14,989
Population
5,629
Households
2.7
Avg Household Size
36
Median Age
23%
College-Educated
94%
High-School Grad
65.7 sq mi
ZIP Area
228
Density / Sq Mi
$79,267
Median Household Income
$41,955
Median Earnings
$1,123
Median Rent
$247,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The offering combines three detached homes with a two-story studio apartment and a separate pole barn.
Where is this quadplex located?
The property is located at 3078 Sandy Beach Street Wayland, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four residential units: three detached houses and a two‑story studio apartment; Three houses measure approximately 600, 700, and 800 square feet; studio apartment is 1,120 square feet; 28‑by‑40‑foot pole barn; source notes potential for boat storage
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