Two-Unit Duplex with Full
For Sale
$65,000
395 East Burnham Street, Battle Creek, MI 49014
Occupied duplex with bedroom layouts spanning the main and upper levels, plus landlord-paid utilities.
Property Size400 SF
Price / SF$162.50
Days on Market232
Property Features for 395 East Burnham Street
General Information
Standard status
Active
Size
400 SF
Property subtype
Residential Income / Multi Family
Occupancy
100%
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,413
Amenities
Steam, Natural Gas
true
No
Yes
In Basement
Sidewalks
Building Details
Year Built
1920
Buildings
1
Listing Agency:
Jaqua REALTORS
Listed By:
Cindy Artis · License #6501365472
(269) 420-1265
Source:
Compass
Added: Feb 25
Changed: Oct 14
Last Checked: Oct 15 at 2:05AM
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 Jaqua REALTORS
Investment Insights
Based on property information with market context.
This two-unit duplex, built in 1920, includes two bedrooms on the main level and one bedroom upstairs. The property also has a full basement with access from the main level. Steam heat and natural gas service are among the documented interior features, while the exterior includes wood siding and composition materials.
Both units are currently occupied. The landlord pays all utilities, and either unit may be made available with 30 days’ notice to vacate. The property is located at 395 East Burnham Street in Battle Creek, Michigan, with paved exterior areas.
Both units are currently occupied. The landlord pays all utilities, and either unit may be made available with 30 days’ notice to vacate. The property is located at 395 East Burnham Street in Battle Creek, Michigan, with paved exterior areas.
Key Highlights
- Two‑unit duplex built in 1920
- Two bedrooms on the main level and one bedroom upstairs
- Full basement accessible from the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,499
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$69,980
$70.0K
Cap Rate 7%
$49,986
$50.0K
Cap Rate 9%
$38,878
$38.9K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$5.3K $13.20/SF
− Vacancy
−$281 −$0.70/SF
EGI
$5.0K $12.50/SF
− OpEx
−$1.5K −$3.75/SF
NOI
$3.5K $8.75/SF
Area
Calhoun County, MI
Vacancy
5.32%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$69,980
Cap Rate 7%
$49,986
Cap Rate 9%
$38,878
Alternative Uses
Best Use
Multifamily LT 5
$50.0K
$43.7K – $58.3K
NOI $3,499 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$43.4K
$38.0K – $50.7K
NOI $3,040 @ 7.0% cap · market cap 4.68%
Theoretical Best
Healthcare Medical
$4.74M
$4.15M – $5.54M
NOI $332,146 @ 7.0% cap · market cap 510.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
Business Placement
Demographics for 49014, MI
21,505
Population
9,314
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
72.5 sq mi
ZIP Area
297
Density / Sq Mi
$63,383
Median Household Income
$40,061
Median Earnings
$997
Median Rent
$159,100
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 - Occupied duplex with bedroom layouts spanning the main and upper levels, plus landlord-paid utilities.
Where is this duplex located?
The property is located at 395 East Burnham Street Battle Creek, MI.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; Two bedrooms on the main level and one bedroom upstairs; Full basement accessible from the main level
