Two-Story Duplex with
For Sale
$300,000
75-77 Woolnough Ave, Battle Creek, MI 49015
Two residential units retain original woodwork and include garage, carport, and fully fenced outdoor space.
Property Size3,250 SF
Price / SF$92.31
Days on Market59
Property Features for 75-77 Woolnough Ave
General Information
Standard status
Active
Size
3,250 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
original woodwork
fenced backyard
garage with attached carport
Building Details
Year Built
1920
Listing Agency:
Town Square Real Estate Group
(231) 730-1658
Listed By:
Beyond MI Realty
(989) 214-2240
Source:
Beyondmirealty
Added: Aug 8
Changed: Oct 4
Last Checked: Oct 5 at 6:54PM
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 Town Square Real Estate Group
Investment Insights
Based on property information with market context.
Located at 75-77 Woolnough Avenue in Battle Creek, this duplex was built in 1920 and contains two-story residential units. Each unit offers 3 beds and 2 baths, with original woodwork preserved throughout the interiors.
The property includes a garage with an attached carport and a full fenced backyard. It is situated in the Freemont Neighborhood within a residential district characterized by well-kept homes.
The property includes a garage with an attached carport and a full fenced backyard. It is situated in the Freemont Neighborhood within a residential district characterized by well-kept homes.
Key Highlights
- Two‑story duplex with 3 beds and 2 baths in each unit
- Built in 1920
- Original woodwork throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,704
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,080
$494.1K
Cap Rate 7%
$352,914
$352.9K
Cap Rate 9%
$274,489
$274.5K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$47.6K $14.64/SF
− Vacancy
−$2.7K −$0.82/SF
EGI
$44.9K $13.82/SF
− OpEx
−$20.2K −$6.22/SF
NOI
$24.7K $7.60/SF
Area
Calhoun County, MI
Vacancy
5.60%
Lease Rate
$14.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$494,080
Cap Rate 7%
$352,914
Cap Rate 9%
$274,489
Alternative Uses
Best Use
Multifamily LT 5
$406.2K
$355.4K – $473.9K
NOI $28,432 @ 7.0% cap · market cap 9.48%
Second Best
Apartment 5plus
$352.9K
$308.8K – $411.7K
NOI $24,704 @ 7.0% cap · market cap 8.23%
Theoretical Best
Healthcare Medical
$38.55M
$33.73M – $44.98M
NOI $2,698,686 @ 7.0% cap · market cap 899.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Explore this area
Business Placement
Demographics for 49015, MI
28,008
Population
12,522
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
91%
High-School Grad
27.2 sq mi
ZIP Area
1,030
Density / Sq Mi
$67,719
Median Household Income
$39,900
Median Earnings
$980
Median Rent
$171,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two residential units retain original woodwork and include garage, carport, and fully fenced outdoor space.
Where is this duplex located?
The property is located at 75-77 Woolnough Ave Battle Creek, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑story duplex with 3 beds and 2 baths in each unit; Built in 1920; Original woodwork throughout
