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    1218 State St Saint Joseph, MI 49085-1687
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    Property profile & analytics

    1218 State St Saint Joseph, MI 49085-1687


    • Commercial real estate
    • 4,391 SF
    • 0.27 lot acres
    Off-Market
    Last Sale Feb 14, 2025
    Property ID
    US43-4113858
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1218 State St

    Year built
    1910
    Lot size
    0.27 lot acres
    Property size
    4,391 SF
    Zone code
    R1 - E
    Property type
    Commercial real estate
    APN
    76-3170-0112-00-5
    APU
    7631700112005

    Description

    This stunning, historically significant 4-unit multifamily property in downtown St. Joseph, Michigan, offers unparalleled views of Lake Michigan. Situated on a 0.269-acre corner lot, this 4,983 square foot, two-story colonial-style building boasts a prime location on State Street, just 90 minutes from Chicago. Completely remodeled in 2020, each of the four units features updated kitchens and bathrooms, new flooring, modern appliances, and stylish furniture. The first-floor unit encompasses 1,972 square feet, while the two second-floor units are approximately 914 square feet each. A spacious 1,224 square foot third-floor unit provides expansive living space. All units are equipped with smart wifi deadbolt locks and designated parking. Currently operating as a successful short-term rental with consistent high occupancy and 5-star ratings through Airbnb and Vrbo, this property presents a unique investment opportunity. Its commercial zoning in a highly desirable residential area, combined with its proximity to local attractions, including the St. Joseph lighthouse, beaches, golf course, and downtown amenities, ensures strong rental demand. The property's exceptional location and recent renovations make it an ideal investment for discerning buyers seeking a high-return, turn-key operation. The building's historical charm and modern updates create a truly unique and desirable rental experience. This is a rare opportunity to own a piece of St. Joseph's rich history while enjoying significant income potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $626,000
      Market price range: $216k - $821k
      AI Estimate
      $626,000
      Market price range: $216k - $821k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $530,000
      Current use
      OFFICE BUILDING
      $450,000
      Change: -15% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Berrien
    State
    Michigan
    Longitude
    -86.4884
    Latitude
    42.1021
    CBSA code
    35660
    CBSA name
    NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,834
    $0.00
    $0.00
    $223,000
    -
    $0.00
    $0.00
    $446,000
    More about this property
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