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Multifamily Building on Main Street
New
For Sale
$159,900

402 N Main St, Hersey, MI 49639

Two- to four-unit configuration on a substantial lot in Hersey, Michigan.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market4

Property Features for 402 N Main St

General Information

Standard status Active
Lot size 0.20 Acres
Property subtype Multi-Family

Building Details

Buildings 1
Listing Agency: Exp Realty
Listed By: Janice Allen
Source: Michiganhomegirl
Added: Sep 9 Changed: Sep 11 Last Checked: Sep 12 at 7:37AM

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 Exp Realty

Investment Insights

Based on property information with market context.

This multifamily property at 402 N Main St in Hersey, Michigan, is configured for 2 to 4 units. The building occupies an 8,712-square-foot lot, offering a sizable land component for a small residential income property.

The property is positioned within Hersey and may accommodate either owner occupancy or leasing, based on the stated configuration. Its address and lot size provide a clear starting point for evaluating the building and its site together.

Key Highlights

  • 2 to 4 unit multifamily building
  • 8,712 square foot lot
  • 402 N Main St, Hersey, MI 49639

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Gym & Fitness Center Food Market Auto Repair Shop Restaurant

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

51
Businesses Nearby

Demographics for 49639, MI

2,552
Population
1,270
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
92%
High-School Grad
61.7 sq mi
ZIP Area
41
Density / Sq Mi
$62,409
Median Household Income
$37,803
Median Earnings
$744
Median Rent
$136,900
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?
Multifamily property - Two- to four-unit configuration on a substantial lot in Hersey, Michigan.
Where is this multifamily property located?
The property is located at 402 N Main St Hersey, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 2 to 4 unit multifamily building; 8,712 square foot lot; 402 N Main St, Hersey, MI 49639
More about this property
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