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Hastings, MI Triplexes for Sale

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3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI
$349,000
2,278 SF

3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI

502 State St, Hastings, MI 49058

3 Unit Apartment - Zoned as Mixed Use PUD 502 W. State Street, Hastings MI

  • 3 current tenants. Multiple listing under different categories (Residential, Commercial and Multifamily) unit #1 2 bedroom $1200/mo plus $200 utilities "central air" ; unit #2 large studio $950/mo plus $200 utilities unit #3 1 bedroom upstairs $950/ mo plus $200 utilities monthly utilities average $250 a month water average $ 75.00 month 2 new hot water heaters 2 new showers 2 new ovens 2 new refrigerators
Updated: Aug 24, 2025
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Hastings Mixed-Use Investment Opportunity
$349,000

Hastings Mixed-Use Investment Opportunity

502 W State St, Hastings, MI 49058

Three-unit property with mixed zoning in Hastings' vibrant PUD district.

  • High Cap Rate: Offered at an impressive 8.96% Cap Rate, a strong investment opportunity.
  • Flexible Zoning: Zoned for apartment, commercial, and office use, providing diverse options.
  • Fully Occupied: Currently generating income with three tenant‑occupied units (two 1‑bedroom, one 2‑bedroom).
  • Prime Location: Situated in the heart of Hastings, close to downtown amenities, restaurants, and conveniences.
  • Recent Updates: Includes updates such as 2 new hot water heaters, 2 new showers, 2 new range ovens, and 2 new refrigerators.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hastings, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Battle Creek Multifamily Investment Opportunity
$175,000
0.11 Acres

Battle Creek Multifamily Investment Opportunity

Three-unit multifamily property in Battle Creek with income potential.

17 Tennyson Ave, Battle Creek, MI 49015
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Battle Creek Triplex Investment Opportunity
Pending
$180,000
0.11 Acres

Battle Creek Triplex Investment Opportunity

Fully occupied Battle Creek triplex with recent updates and strong income.

10 Richards Pl, Battle Creek, MI 49015
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Galesburg Triplex Investment Opportunity
$224,900

Galesburg Triplex Investment Opportunity

Well-maintained, fully rented triplex in Galesburg with immediate income.

46 Grv St, Galesburg, MI 49053
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Income-Producing Triplex in Galesburg
$224,900
0.25 Acres

Income-Producing Triplex in Galesburg

Fully occupied triplex near Kalamazoo and Battle Creek.

46 Grv St, Galesburg, MI 49053
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Hastings, MI Triplexes Investment Opportunities Market Analysis

Explore 2 triplexes for sale in Hastings, MI on our real estate platform. These investment opportunities span a total of 8,712 square feet of properties for sale, with an estimated market value of $349,000.

Sale prices for three-family homes in Hastings, MI start at $349,000, averaging $349,000, and reaching up to $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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