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Duplex with Detached Garage
New
For Sale
$89,900

501 N Pine River St, Ithaca, MI 48847

Two residential units are complemented by a covered porch and a separate garage with divided storage.

Property SizeContact for details
Lot Size0.28 Acres
Days on Market2

Property Features for 501 N Pine River St

General Information

Standard status Active
Lot size 0.28 Acres
Property subtype Investment

Additional Details

Asking Price $89,900
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,938

Amenities

covered porch
detached garage

Building Details

Year Built 1900
Buildings 1
Units 2
Listing Agency: Keller Williams Realty Rivertown
Listed By: Eryn Wukawitz
Source: Elliman
Added: Nov 1 Last Checked: Nov 1 at 3:45PM

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 Keller Williams Realty Rivertown

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Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains a main-floor residence and an upstairs unit. Recent work includes interior and exterior paint, carpeting, plumbing updates, and a newer furnace. The property also has a covered porch and a detached garage with a concrete floor and separate storage sections.

The buildings occupy a 0.28-acre corner parcel in Ithaca. A city rental certification is current for one year. Nearby destinations include North Elementary, downtown shops and restaurants, and Woodland Park.

Key Highlights

  • Two‑unit duplex on a 0.28‑acre corner lot
  • Built in 1900; improvements include fresh paint, new carpeting, plumbing updates, and a newer furnace
  • Detached garage has a concrete floor and divided storage areas

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 48847, MI

5,886
Population
2,490
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
120.4 sq mi
ZIP Area
49
Density / Sq Mi
$63,967
Median Household Income
$32,762
Median Earnings
$819
Median Rent
$164,400
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?
Duplex - Two residential units are complemented by a covered porch and a separate garage with divided storage.
Where is this duplex located?
The property is located at 501 N Pine River St Ithaca, MI.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Two‑unit duplex on a 0.28‑acre corner lot; Built in 1900; improvements include fresh paint, new carpeting, plumbing updates, and a newer furnace; Detached garage has a concrete floor and divided storage areas
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