Sold

$135,000

106 Michigan Ave, Dowagiac, MI 49047

8beds

4baths

2,800sqft

2 to 4 Units

Built in 1920

-- sqft lot

$180,800 Zestimate^®

$48/sqft

$1,087 Estimated rent

Home value

$180,800

$150,000 - $215,000

$1,087/mo

Zestimate^® history

Owner options

List your home for rent

$1,087/mo

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$1,087/mo

Rent Zestimate^®

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$899/mo

Est. payment

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$899/mo

Est. payment

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What's special

Great cash flow on this 4 unit rental property! There are four 2 bedroom 1 bath units. Total rent of $2525 per month. Separate gas and electric meters. Tenants pay gas and electric, owner pays water and sewer. Full basement.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Forced Air

Features

Basement: Full

Interior area

Total interior livable area: 2,800 sqft

Property

Parking

Total spaces: 4

Lot

Size: 6,534 Square Feet
Dimensions: 66 x 98

Details

Parcel number: 1416020000800

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Wood Siding

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Natural Gas Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Dowagiac

Financial & listing details

Price per square foot: $48/sqft
Tax assessed value: $50,842
Annual tax amount: $2,960
Date on market: 12/6/2023
Listing terms: Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
3/27/2024	Sold	$135,000-20.5%$48/sqft
Source: MichRIC #23141682 Report a problem
3/18/2024	Pending sale	$169,900$61/sqft
Source: MichRIC #23141682 Report a problem
1/28/2024	Price change	$169,900-2.9%$61/sqft
Source: MichRIC #23141682 Report a problem
12/6/2023	Listed for sale	$174,900+84.1%$62/sqft
Source: MichRIC #23141682 Report a problem
11/28/2023	Sold	$95,000-45.7%$34/sqft
Source: Public Record Report a problem
11/21/2023	Pending sale	$174,900$62/sqft
Source: MichRIC #23141682 Report a problem
11/10/2023	Listed for sale	$174,900$62/sqft
Source: MichRIC #23141682 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,512 +14.5%	$93,800 -3.8%
2024	$3,068 +10.6%	$97,500 +18.9%
2023	$2,773	$82,000 +13.3%
2022	--	$72,400 +12.4%
2021	$2,796 -3.5%	$64,400 +16.2%
2020	$2,899	$55,400 +4.1%
2019	$2,899 +130%	$53,200 +3.5%
2018	$1,260 +2.1%	$51,400 +0.8%
2017	$1,235 +1.7%	$51,000 +3.7%
2016	$1,213	$49,200 +0.8%
2015	--	$48,800 +23.5%
2011	--	$39,500 -26.9%
2010	--	$54,000