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Two-Story Duplex Investment
For Sale
$149,000

8 E South Street 8 &10, Hillsdale, MI 49242

Two residential units include appliances, parking, and a mix of occupied and vacant space.

Property SizeContact for details
Days on Market42

Property Features for 8 E South Street 8 &10

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1.5BA
Multifamily Units 2
Listing Agency: Spieth & Satow Auctions & Real Estate
Listed By: Shawn Vondra
Source: Alexmi
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 1:58AM

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 Spieth & Satow Auctions & Real Estate

Investment Insights

Based on property information with market context.

This duplex contains two separate two-story residential units with distinct bedroom and bath configurations. Unit 8 offers 3 bedrooms and 1 bath and has been occupied by the same tenant for two years. Unit 10 provides 2 bedrooms and 1.5 baths and is currently vacant, creating flexibility for the next owner. Both units include a stove, refrigerator, and washer/dryer, with parking available for each residence.

Property updates during the current ownership include replacement windows, furnaces, water heaters, appliances, and floor coverings. The duplex is located in Hillsdale near the hospital, schools, and downtown. Showings require scheduling and approval 48 hours in advance, and prospective buyers must be pre-qualified.

Key Highlights

  • Two‑unit duplex with two‑story floor plans
  • Unit 8: 3 bedrooms and 1 bath; occupied by the same tenant for two years
  • Unit 10: 2 bedrooms and 1.5 baths; currently vacant

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

556
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units include appliances, parking, and a mix of occupied and vacant space.
Where is this duplex located?
The property is located at 8 E South Street 8 &10 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 duplex with two‑story floor plans; Unit 8: 3 bedrooms and 1 bath; occupied by the same tenant for two years; Unit 10: 2 bedrooms and 1.5 baths; currently vacant
More about this property
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