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Active
  • $350,300

    500 River St, Three Rivers, MI 49093

    6beds
    3baths
    --sqft
    : 
    2 to 4 Units
    Built in 1972
    -- sqft lot
    $336,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Direct river frontageNew metal roofScenic views
    NEW METAL ROOF! 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.
    125 days
    |
    385
    |
    24
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2026 at 03:43pm

    Listed by:

    Kascee Wyatt 517-677-1789,

    Michigan Top Producers 269-659-2791

    Source: MichRIC,MLS#: 25059338MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Radiant
      Cooling
      • None
      Features
      • Basement: Slab

      Property

      Parking
      • Total spaces: 5
      • Parking features: Concrete, Driveway
      Features
      • On waterfront: Yes
      • Waterfront features: River
      Lot
      • Size: 0.48 Acres
      • Dimensions: 90 x 150
      Details
      • Parcel number: 051 230 018 01
      • 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: 1972

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Three Rivers

      Financial & listing details

      • Tax assessed value: $32,736
      • Annual tax amount: $2,064
      • 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

        $336,400

        $320,000 - $353,000

        $1,262/mo

        Price history

        Price history
        DateEventPrice
        11/20/2025Listed for sale$350,300+100.3%
        Source: MichRIC #25059338 Report a problem
        10/19/2021Sold$174,900+74.9%
        Source: Public Record Report a problem
        8/26/2021Listed for sale$100,000-44.4%
        Source: AAABOR #M21019877 Report a problem
        7/30/2021Listing removed--
        Source: Realcomp II #69021019877 Report a problem
        6/27/2021Listed for sale$180,000
        Source: MichRIC #21019877 Report a problem
        6/18/2021Pending sale$180,000
        Source: MichRIC #21019877 Report a problem
        5/29/2021Listed for sale$180,000+414.3%
        Source: MichRIC #21019877 Report a problem
        5/14/2012Sold$35,000-9.1%
        Source: Public Record Report a problem
        3/31/2010Sold$38,500+120%
        Source: Public Record Report a problem
        6/18/2009Sold$17,500-86.5%
        Source: Public Record Report a problem
        5/21/2008Sold$129,902
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,001 +5%$109,000 +137%
        2024$1,906 +5%$46,000 +8.5%
        2023$1,815 $42,400 +47.2%
        2022-- $28,800 +6.3%
        2021$1,709 $27,100 -9.7%
        2020-- $30,000 -13%
        2018-- $34,500 +9.2%
        2017-- $31,600 -2.8%
        2016-- $32,500 -5%
        2015-- $34,200 +0.9%
        2014-- $33,900

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,078/mo
        Principal & interest
        $1754
        Property taxes
        $324
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          Climate risks

          Neighborhood: 49093

          Getting around

          52 / 100
          Somewhat Walkable
          40 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 49093

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