Spacious Three-Unit Investment
For Sale
$199,900
423 East Division Street, Dowagiac, MI 49047
Three units, garage, and large yard investment opportunity.
Property Size644 SF
Price / SF$310.40
Days on Market461
Property Features for 423 East Division Street
General Information
Standard status
Active
Size
644 SF
Property subtype
Residential Income / Multi Family
Taxes and HOA fees
Annual Taxes
$2,473
Amenities
Window Units
Forced Air, Natural Gas
true
Yes
Sidewalks
Building Details
Year Built
1880
Buildings
2
Listing Agency:
@properties Christie's International Real Estate
Listed By:
Martha Hassle · License #6501285895
(269) 876-7764
Source:
Compass
Added: Jun 10, 2025
Changed: Sep 12
Last Checked: Sep 12 at 10:42AM
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 @properties Christie's International Real Estate
Investment Insights
Based on property information with market context.
This property features three distinct units. Unit #1, located on the main floor, is a 1-bedroom apartment with a large living room and approximately 1235 square feet. Unit #B, also on the main floor, is a 2-bedroom unit that includes a generous living room, a separate dining room, and a large kitchen with approximately 1409 square feet. Unit #3, located on the second floor, is a 1-bedroom unit providing privacy with approximately 644 square feet. A detached garage offers potential for additional rental income. The owner is responsible for trash and water services. The property also includes a large yard.
Key Highlights
- Three separate units offer diverse rental income streams.
- Detached garage provides potential for additional rental income.
- Unit #B is a spacious 2‑bedroom apartment with a separate dining room and large kitchen.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 49047, MI
14,541
Population
8,205
Households
1.8
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
119.3 sq mi
ZIP Area
122
Density / Sq Mi
$55,469
Median Household Income
$38,033
Median Earnings
$750
Median Rent
$182,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three units, garage, and large yard investment opportunity.
Where is this triplex located?
The property is located at 423 East Division Street Dowagiac, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three separate units offer diverse rental income streams.; Detached garage provides potential for additional rental income.; Unit #B is a spacious 2‑bedroom apartment with a separate dining room and large kitchen.
