Multifamily Property with Multiple
7976 Central Avenue, Coloma, MI 49038
For Sale
$899,000
Multi Family, Coloma, MI
Property SizeContact for details
Lot Size1.31 Acres
Days on Market48
Property Features for 7976 Central Avenue
General Information
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Building Details
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Listing Agency:
Coldwell Banker Anchor R.E.
(269) 983-0011
Listed By:
Wendy Morauske
(269) 369-3699
Added: Sep 23
Changed: Nov 4
Last Checked: Nov 9 at 7:06PM
MLS# 26050581
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Investment Insights
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This multifamily property spans 1.31 acres and contains several residences. The main building includes a furnished two-bedroom, one-bath short-term rental and an eight-bedroom, 3.5-bath residence. Two additional homes include a furnished two-bedroom, one-bath unit and a one-bedroom, one-bath unit; both are occupied by month-to-month tenants. Another building is on site, with access limited to its kitchen following foundation reinforcement in 2025.
The property has deeded access to Paw Paw Lake and is described as a corner parcel. Improvements include a new roof and gutters in 2025, along with a new well pump and electrical box in 2024. The property is served by a well and public sewer, with cable available.
The property has deeded access to Paw Paw Lake and is described as a corner parcel. Improvements include a new roof and gutters in 2025, along with a new well pump and electrical box in 2024. The property is served by a well and public sewer, with cable available.
Key Highlights
- 1.31‑acre multifamily property with several residences
- Main building includes an 8‑bedroom, 3.5‑bath residence and furnished 2‑bedroom, 1‑bath STR
- Two additional units: a furnished 2‑bedroom, 1‑bath home and a 1‑bedroom, 1‑bath unit; both have month‑to‑month tenants
Property Analytics
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Location Intelligence
Trade Area within ½ mile
23
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Demographics for 49038, MI
8,979
Population
5,124
Households
1.8
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
39.0 sq mi
ZIP Area
230
Density / Sq Mi
$60,396
Median Household Income
$41,663
Median Earnings
$944
Median Rent
$196,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Multifamily property - A 1.31-acre property combines furnished short-term rental space with additional residences, including units occupied by month-to-month tenants.
Where is this multifamily property located?
The property is located at 7976 Central Avenue Coloma, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1.31‑acre multifamily property with several residences; Main building includes an 8‑bedroom, 3.5‑bath residence and furnished 2‑bedroom, 1‑bath STR; Two additional units: a furnished 2‑bedroom, 1‑bath home and a 1‑bedroom, 1‑bath unit; both have month‑to‑month tenants
