Excellent Investment Opportunity! This profit-making 4-unit all-brick property offers strong rental income and modern updates throughout. Each apartment features newer luxury vinyl flooring or carpet, fresh paint, updated countertops, and vanities. Major improvements include a newer roof, furnaces, and A/C units. Each unit has 2 bedrooms and 1 full bath. Each unit has separate utilities—individual furnaces, central air, water heaters, and electric meters. Apt 1 and Apt 2 have private fenced in yard. Apt 3 and Apt 4 have balconies. Tenants pay their own utilities; landlord covers lawn care and snow removal. Total monthly rent is approximately $3,300, plus an additional ~$700/year from the shared coin-operated laundry. Apt 2 is currently vacant for easy showings; the remaining units are fully occupied with tenants. A turnkey, income-producing property ready for your portfolio! Don't wait, call for your private tour TODAY!
Sold for $375,000
$375,000
1305 Springfield Dr, Midland, MI 48642
8beds
3,268sqft
Multi Family
Built in 1984
-- sqft lot
$385,100 Zestimate®
$115/sqft
$1,305 Estimated rent
Home value
$385,100
$312,000 - $474,000
$1,305/mo
Zestimate® history
Owner options
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$1,305/mo
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$1,305/mo
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$2,458/mo
Est. payment
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$2,458/mo
Est. payment
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List your homeWhat's special
Private fenced in yardFresh paintNewer roofUpdated countertops
Zillow last checked:
Listing updated:
Listed by:
Miaomiao (Ava) Dong,
Century 21 Signature Realty Midland
Bought with:
Natalie Vredeveld, 6501454701
Century 21 Signature Realty Midland
Source: MIDMLS,MLS#: 50193719
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- Basement: Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 3,268
- Total interior livable area: 3,268 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Carport, Electric in Garage, Garage Door Opener, Off Street, 3 or More Spaces, Covered, Garage, Lighted
- Attached garage spaces: 2
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Sidewalks
- Frontage length: 64
Lot
- Size: 0.25 Acres
- Dimensions: 64 x 170
- Features: Sidewalks
Details
- Parcel number: 141350342
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement
Condition
- Year built: 1984
Utilities & green energy
- Electric: Separate Electric
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Midland
- Subdivision: Lincoln Manor
HOA & financial
Other financial information
- Total actual rent: 2500
Other
Other facts
- Price range: $375K - $375K
- Listing terms: Cash,Conventional
- Ownership: LLC
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Sold | $375,000-3.6%$115/sqft |
Source:  MIDMLS #50193719 Report a problem | ||
| 1/31/2026 | Pending sale | $389,000$119/sqft |
Source: MIDMLS #50193719 Report a problem | ||
| 11/7/2025 | Listed for sale | $389,000+17.9%$119/sqft |
Source: MIDMLS #50193719 Report a problem | ||
| 12/11/2023 | Sold | $330,000-2.9%$101/sqft |
Source: MIDMLS #50127900 Report a problem | ||
| 11/24/2023 | Pending sale | $340,000$104/sqft |
Source: MIDMLS #50127900 Report a problem | ||
| 11/15/2023 | Listed for sale | $340,000+47.8%$104/sqft |
Source: MIDMLS #50127900 Report a problem | ||
| 7/28/2020 | Sold | $230,000+35.3%$70/sqft |
Source: Public Record Report a problem | ||
| 9/30/2016 | Sold | $170,000$52/sqft |
Source:  MiRealSource #31281031 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,105 +24% | $157,700 +13.8% |
| 2024 | $6,535 | $138,600 |
Find assessor info on the county website
Neighborhood: 48642
Nearby schools
GreatSchools rating
- 7/10Central Park ElementaryGrades: K-5Distance: 2.6 mi
- 9/10Northeast Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10Midland High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: Midland Public Schools
Source: MIDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Midland County
- Midland
- 48642
- 1305 Springfield Dr
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