Investor opportunity in Battle Creek: this occupied multifamily property generates $3,370 in gross monthly income and $2,445 in net operating income, and is offered at $165,000, reflecting an approximate 17.8% cap rate based on current performance. Each unit has been recently updated with new flooring and fresh paint, the property has a strong rental history, providing stability and immediate cash flow from day one. With its current income profile, the asset offers attractive cash-on-cash potential even with conventional financing. Call 269.205.8612 to schedule a showing or to ask questions!
Sold
$170,000
15 Broad St S, Battle Creek, MI 49017
5beds
4baths
--sqft
2 to 4 Units
Built in 1900
-- sqft lot
$164,000 Zestimate®
$--/sqft
$1,075 Estimated rent
Home value
$164,000
$156,000 - $172,000
$1,075/mo
Zestimate® history
Owner options
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$1,187/mo
Est. payment
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$1,187/mo
Est. payment
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Fresh paint
Zillow last checked:
Listing updated:
Listed by:
Zac L Folsom 269-370-1085,
NextHome ONE of Kalamazoo
Bought with:
Joshua Scheidler, 6501420261
Lukeman Group LLC
Source: MichRIC,MLS#: 26007499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Basement: Full
Property
Parking
- Total spaces: 6
Lot
- Size: 8,712 Square Feet
- Dimensions: 66 x 132
Details
- Parcel number: 526770000240
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Battle Creek
Financial & listing details
- Tax assessed value: $48,000
- Annual tax amount: $3,434
- Date on market: 3/2/2026
- Listing terms: VA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: None
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2026 | Sold | $170,000+3% |
Source:  MichRIC #26007499 Report a problem | ||
| 3/3/2026 | Pending sale | $165,000 |
Source: MichRIC #26007499 Report a problem | ||
| 3/2/2026 | Listed for sale | $165,000+73.7% |
Source: MichRIC #26007499 Report a problem | ||
| 6/6/2025 | Sold | $95,000-42.4% |
Source: Public Record Report a problem | ||
| 4/21/2025 | Pending sale | $165,000 |
Source: MichRIC #25008611 Report a problem | ||
| 3/26/2025 | Listed for sale | $165,000 |
Source: MichRIC #25008611 Report a problem | ||
| 3/14/2025 | Pending sale | $165,000 |
Source: MichRIC #25008611 Report a problem | ||
| 3/9/2025 | Price change | $165,000+50.1% |
Source: MichRIC #25008611 Report a problem | ||
| 9/25/2023 | Listed for sale | $109,900 |
Source: MichRIC #23006298 Report a problem | ||
| 8/22/2023 | Pending sale | $109,900 |
Source: MichRIC #23006298 Report a problem | ||
| 7/24/2023 | Price change | $109,900-4.4% |
Source: MichRIC #23006298 Report a problem | ||
| 5/26/2023 | Price change | $114,900-8% |
Source: MichRIC #23006298 Report a problem | ||
| 3/3/2023 | Listed for sale | $124,900+38.8% |
Source: MichRIC #23006298 Report a problem | ||
| 4/2/2021 | Sold | $90,000+12.5% |
Source: Public Record Report a problem | ||
| 3/3/2005 | Sold | $80,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,485 +19.9% | $48,000 -3.6% |
| 2024 | $2,905 | $49,811 -0.4% |
| 2023 | -- | $49,994 +21.7% |
| 2022 | -- | $41,074 +41.2% |
| 2021 | -- | $29,088 +25.7% |
| 2020 | -- | $23,135 +10.9% |
| 2018 | $1,349 -16.4% | $20,860 -30.5% |
| 2017 | $1,613 | $30,000 |
| 2016 | $1,613 -15.1% | $30,000 +20% |
| 2015 | $1,899 | $24,999 -15.4% |
| 2014 | $1,899 | $29,553 |
| 2013 | -- | $29,553 -17.1% |
| 2011 | -- | $35,646 -12.8% |
| 2010 | -- | $40,866 -16.9% |
| 2009 | -- | $49,181 |
| 2008 | -- | $49,181 +20.7% |
| 2006 | -- | $40,754 +4.1% |
| 2005 | -- | $39,154 +10.1% |
| 2004 | -- | $35,554 +27.8% |
| 2003 | -- | $27,830 |
Find assessor info on the county website
Neighborhood: 49017
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Nearby schools
GreatSchools rating
- 3/10Verona Elementary SchoolGrades: PK,3-5Distance: 0.7 mi
- NANorthwestern Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Battle Creek Central High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$164,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$164,000
- Michigan
- Calhoun County
- Battle Creek
- 49017
- 15 Broad St S
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