For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Six-Unit Apartment Building Title is generated by Realmo AI

    Big Rapids, MI 49307, Big Rapids, MI 49307

    View on Map
    Claim this Listing
    For Sale
    $469,900

    MULTI_FAMILY - Big Rapids, MI

    Property size:
    5,500 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $85/SF
    Added:
    May 6, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 24 at 9:06 pm

    Property Features

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    14
    Rooms
    Bedroom 14, Bathroom 6, Bathroom 3, Bedroom 13, Bedroom 9, Basement, Bathroom 4, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 11, Bedroom 12, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 10, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 5
    Parking
    8
    Standard status
    Active
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    000411 MAPLE STREET: SEC 11, T15N, R10W -- A PARCEL OF LAND DESC AS BEG AT A PT 90 FT E OF THE INT OF THE N LI OF MAPLE ST & THE E LI OF N STEWART AVE, TH E ALG THE N LI OF MAPLE ST 60 FT, TH N 165 FT, TH W 50 FT, TH S 65 FT, TH W 10 FT TH S TO THE P OB.
    Tax Annual Amount
    5689

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    6
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Contact an agent
    Alexia Hoffman
    Alexia Hoffman

    Listing agent Alexia Hoffman

    Listing office EXP Realty LLC 39555 Orchard Hill Pl Ste 600, Novi, MI

    Listing date May 6, 2026

    MLS# 26020346 Listing URL

    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.

    HighLights

    • Fully occupied 6‑unit multifamily in Big Rapids near Ferris State University
    • Unit mix: five 2 bed/1 bath units and one 4 bed/1 bath unit totaling approx. 5,500 sq ft
    • Each unit has a separate water meter for potential water billing back and increased NOI
    • Coin‑op laundry generates approx. $300/month additional income
    • Three of six furnaces are newer (under 2 years old)
    • Onsite parking for approximately 8 vehicles; tenants pay gas and electric

    Overview

    This fully occupied six-unit multifamily property offers a straightforward mix of apartments: five 2-bedroom, 1-bath units and one 4-bedroom, 1-bath unit, totaling approximately 5,500 square feet. Tenants pay for gas and electric. Each unit has a separate water meter, which supports direct water billing by unit. Laundry is coin-operated, generating approximately $300 per month. The building also includes onsite parking for approximately 8 vehicles, and mechanical updates include three furnaces that are newer (under 2 years old).

    Located in Big Rapids, Michigan, the property is described as being near Ferris State University, with the stated tenant base influenced by the school and surrounding employment. Utility responsibility is structured so residents cover gas and electric, while the separate metering for water helps streamline unit-level billing.

    As an income property, this building may appeal to investors looking for an occupied, cash-flowing asset with defined utility separation and an existing laundry revenue stream. The remarks note potential for improvement through unit turns and light cosmetic updates, particularly for Unit 5, alongside the benefit of partial furnace recency that may reduce near-term capital demands.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Big Rapids
    County
    Mecosta
    State
    Michigan
    Longitude
    -85.5606
    Latitude
    43.68

    FAQs

    What type of property is this?
    Apartment building - Fully occupied six-unit property near Ferris State University with separate water metering and coin-operated laundry income potential.
    Where is this apartment building located?
    The property is located at Big Rapids, MI.
    What is the asking price?
    The asking price for this property is $469,900.
    What are key features of this property?
    This property features: Fully occupied 6‑unit multifamily in Big Rapids near Ferris State University; Unit mix: five 2 bed/1 bath units and one 4 bed/1 bath unit totaling approx. 5,500 sq ft; Each unit has a separate water meter for potential water billing back and increased NOI
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message