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  • $350,300

    416 River St, Three Rivers, MI 49093

    8beds
    4baths
    --sqft
    : 
    2 to 4 Units
    Built in 1976
    -- sqft lot
    $332,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Direct river frontageScenic views
    Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
    34 days
    |
    355
    |
    40
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 20, 2025 at 03:32pm

    Listed by:

    Kascee Wyatt 517-677-1789,

    Michigan Top Producers

    Source: MichRIC,MLS#: 25059336MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Radiant
    Cooling
    • None
    Features
    • Basement: Slab

    Property

    Parking
    • Total spaces: 5
    • Parking features: Asphalt, Driveway
    Features
    • On waterfront: Yes
    • Waterfront features: River
    • Body of water: St Joseph River
    Lot
    • Size: 0.29 Acres
    • Dimensions: 95 x 142
    Details
    • Parcel number: 051 230 018 02
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Electricity Connected

    Community & HOA

    Location
    • Region: Three Rivers

    Financial & listing details

    • Tax assessed value: $35,123
    • Annual tax amount: $2,215
    • Date on market: 11/20/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    $332,300

    $316,000 - $349,000

    $1,364/mo

    Price history

    Price history
    DateEventPrice
    11/20/2025Listed for sale$350,300+100.3%
    Source: MichRIC #25059336 Report a problem
    10/19/2021Sold$174,900+74.9%
    Source: Public Record Report a problem
    8/26/2021Listed for sale$100,000+336.7%
    Source: AAABOR #M21102029 Report a problem
    4/14/2010Sold$22,900-53.7%
    Source: Public Record Report a problem
    4/27/2009Sold$49,500
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$2,147 +5%$106,300 +121.5%
    2024$2,045 +5%$48,000 +8.6%
    2023$1,947 $44,200 +43%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,142/mo
    Principal & interest
    $1695
    Property taxes
    $324
    Home insurance
    $123

      Climate risks

      Neighborhood: 49093

      Nearby schools

      GreatSchools rating

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