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Two-Unit Residential Income Duplex
For Sale
Under Contract
$149,000

8 E South Street, Hillsdale, MI 49242

MULTI_FAMILY - Hillsdale, MI

Property SizeContact for details
Lot Size0.17 Acres
Days on Market50

Property Features for 8 E South Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Basement
Parking 6
Parking features Paved or Surfaced
Basement Full
Lot features Corner Lot
Elementary school district Hillsdale
Middle school district Hillsdale
High school district Hillsdale
Directions From Broad St, turn west onto South St. Property is on the left side, just before the 5-way stop sign.
Standard status Active Under Contract
APN 006-327-477-10
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E 74.25 FT LOT 23 0.17A+/- COOKS ADDN SEC 27 T6S R3W FOURTH WARD (REDISTRICTED FROM THIRD WARD) AS OF 12/31/2018 - WARD 4 (REDISTRICTED FROM THIRD WARD)
Tax Annual Amount 2296
Legal Description E 74.25 FT LOT 23 0.17A+/- COOKS ADDN SEC 27 T6S R3W FOURTH WARD (REDISTRICTED FROM THIRD WARD) AS OF 12/31/2018 - WARD 4 (REDISTRICTED FROM THIRD WARD)

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air

Building Details

Year built 1880
Number of units 2
Roof type Composition
Listing Agency: Spieth & Satow Auctions & Real Estate
Listed By: Shawn Vondra
Added: Jun 24 Changed: Aug 4 Last Checked: Aug 12 at 3:06AM
MLS# 26031643

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit residential income property is configured as a duplex with both units on two-story floor plans. Unit 8 offers three bedrooms and one bathroom and is currently rented. Unit 10 offers two bedrooms and one and a half bathrooms and is available/vacant, providing flexibility for a new owner. Both units include a stove, refrigerator, and washer/dryer.

Parking is available for both units. The property is described as being close to the hospital, schools, and downtown in Hillsdale.

During the current ownership, multiple updates have been made, including replacement windows and upgrades to furnaces, water heaters, appliances, and floor coverings. Showings require scheduling/approval at least 48 hours in advance, and prospective buyers must be pre-qualified.

Key Highlights

  • Two‑unit investment/income property in Hillsdale with a strong rental history
  • Unit 8: 3‑bedroom, 1‑bath, rented to the same tenant for 2 years; two‑story floor plan
  • Unit 10: 2‑bedroom, 1.5‑bath, newly available/vacant; two‑story floor plan

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Bakery Building Supply Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 49242, MI

14,812
Population
6,687
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
90.6 sq mi
ZIP Area
163
Density / Sq Mi
$57,813
Median Household Income
$28,886
Median Earnings
$770
Median Rent
$182,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story duplex with two rental units, each equipped with kitchen appliances and washer/dryer, plus parking for both units.
Where is this duplex located?
The property is located at 8 E South Street Hillsdale, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑unit investment/income property in Hillsdale with a strong rental history; Unit 8: 3‑bedroom, 1‑bath, rented to the same tenant for 2 years; two‑story floor plan; Unit 10: 2‑bedroom, 1.5‑bath, newly available/vacant; two‑story floor plan
More about this property
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