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Pending
  • Price cut: $14.9K (5/26)
    $249,999

    143 Floral Ave, Plainwell, MI 49080

    4beds
    2baths
    2,112sqft
    : 
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    2 to 4 Units
    Built in 1980
    -- sqft lot
    $244,300 Zestimate®
    $118/sqft
    $-- HOA

    What's special

    Separate utilitiesCorner lotEfficient layoutsIn-unit laundry
    Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases. Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy. Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways. This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.
    112 days
    |
    17
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Howson 269-615-5660,

    Coldwell Banker Realty 269-469-3950

    Source: MichRIC,MLS#: 26012929MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Crawl Space
      Interior area
      • Total interior livable area: 2,112 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Unpaved
      Lot
      • Size: 0.32 Acres
      • Dimensions: 117*120
      • Features: Level, Corner Lot
      Details
      • Parcel number: 5530000300
      • Zoning description: RIC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 to 4 Units
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Plainwell

      Financial & listing details

      • Price per square foot: $118/sqft
      • Tax assessed value: $93,511
      • Annual tax amount: $6,067
      • Date on market: 4/1/2026
      • Listing terms: VA Loan,FHA,Cash,Conventional
      • Tenant pays: Electricity, Water, Sewer, Gas
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $244,300

        $232,000 - $257,000

        $1,396/mo

        Price history

        DateEventPrice
        6/15/2026Pending sale$249,999$118/sqft
        Source: MichRIC #26012929 Report a problem
        5/26/2026Price change$249,999-5.6%$118/sqft
        Source: MichRIC #26012929 Report a problem
        4/1/2026Listed for sale$264,888+43.2%$125/sqft
        Source: MichRIC #26012929 Report a problem
        6/22/2023Sold$185,000+2.8%$88/sqft
        Source: MichRIC #23019227 Report a problem
        6/13/2023Pending sale$180,000$85/sqft
        Source: MichRIC #23019227 Report a problem
        6/7/2023Listed for sale$180,000+140%$85/sqft
        Source: MichRIC #23019227 Report a problem
        6/13/2013Sold$75,000$36/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,934 +102%$103,500 +14.1%
        2024$2,937 $90,700 +12.8%
        2023-- $80,400 +10.3%
        2022-- $72,900 +9.3%
        2021-- $66,700 +13.6%
        2020-- $58,700 +5.8%
        2019$2,489 $55,500 +3.4%
        2018-- $53,700 +9.8%
        2017-- $48,900 +22.6%
        2016-- $39,900
        2015-- $39,900 +7%
        2014-- $37,300 -21.3%
        2013-- $47,400 -14.1%
        2012-- $55,200 -10.1%
        2011-- $61,400 +1.3%
        2010-- $60,600 -16.3%
        2009-- $72,400
        2008-- $72,400 -3.7%
        2007-- $75,200 -2.7%
        2006-- $77,300 +5.3%
        2005-- $73,400 +0.8%
        2004-- $72,800 +0.7%
        2003-- $72,300 +6.2%
        2002-- $68,100 -7.2%
        2001-- $73,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 49080

        Getting around

        66 / 100
        Somewhat Walkable
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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