Cash Only – Investor / Handyman Opportunity with Strong Upside Potential!
This 3-bedroom, 1-bath ranch sits on a corner lot with two road frontages on nearly half an acre, offering excellent space and privacy. Built in 1989, this home has good bones and a great layout with just over 1,000 sq ft of living space. The roof is approximately 10 years old, windows are in good condition. The property also features central AC and a whole-house generator. The home will benefit from cosmetic updates and personal finishing touches. Mechanical systems were functioning about a year ago, and the home appears to be in solid shape overall; however the electricity is currently off and systems cannot be tested making this a Cash-Only / As-Is sale. Ideal for: Fix & flip investors, Buy and hold landlords, Handyman owner-occupants or Anyone seeking equity growth potential
With its corner lot and value-add opportunity this ranch is a prime candidate to renovate and build long-term equity or rental income.
Sold for $136,550
$136,550
1530 Riley Center Rd, Riley, MI 48041
3beds
1,008sqft
Single Family Residence
Built in 1989
0.4 Acres Lot
$143,600 Zestimate®
$135/sqft
$1,457 Estimated rent
Home value
$143,600
$125,000 - $167,000
$1,457/mo
Zestimate® history
Owner options
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$1,457/mo
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$1,457/mo
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Refinance and save
$924/mo
Est. payment
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$924/mo
Est. payment
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List your homeWhat's special
Two road frontagesGood bonesNearly half an acreCorner lotCentral acWhole-house generatorGreat layout
Zillow last checked:
Listing updated:
Listed by:
Jessica Chesney 810-706-2996,
Realty Market Matters LLC
Bought with:
Jason Brickel, 6501372021
KW Platinum
Source: Realcomp II,MLS#: 20251048797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 154
- Dimensions: 14 X 11
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 11 X 9
Other
- Level: Entry
- Area: 40
- Dimensions: 8 X 5
Kitchen
- Level: Entry
- Area: 209
- Dimensions: 11 X 19
Laundry
- Level: Entry
- Area: 48
- Dimensions: 8 X 6
Living room
- Level: Entry
- Area: 165
- Dimensions: 11 X 15
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Water Softener Owned
- Laundry: Laundry Room
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,008 sqft
- Finished area above ground: 1,008
Property
Parking
- Parking features: Driveway, No Garage
Accessibility
- Accessibility features: Accessible Approach With Ramp
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 0.4 Acres
Details
- Additional structures: Sheds
- Parcel number: 74296800010000
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block, Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: RILEY CENTER
HOA
- Has HOA: No
Location
- Region: Riley
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $44,362
- Annual tax amount: $1,160
- Date on market: 10/25/2025
- Cumulative days on market: 9 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Sold | $136,550+5%$135/sqft |
Source:  Realcomp II #20251048797 Report a problem | ||
| 11/4/2025 | Pending sale | $130,000$129/sqft |
Source: Realcomp II #20251048797 Report a problem | ||
| 10/25/2025 | Listed for sale | $130,000$129/sqft |
Source: Realcomp II #20251048797 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,355 +4.8% | $93,900 +4.6% |
| 2024 | $1,294 +3.8% | $89,800 +11.7% |
| 2023 | $1,247 +17.3% | $80,400 +7.3% |
| 2022 | $1,063 | $74,900 +7.2% |
| 2021 | -- | $69,900 +8.2% |
| 2020 | -- | $64,600 +2.5% |
| 2019 | $1,119 | $63,000 +40.9% |
| 2018 | -- | $44,700 +7.5% |
| 2017 | -- | $41,600 |
| 2016 | -- | $41,600 +2.7% |
| 2015 | -- | $40,500 +7.4% |
| 2014 | -- | $37,700 +8% |
| 2013 | -- | $34,900 +6.7% |
| 2012 | -- | $32,700 -17.6% |
| 2011 | -- | $39,700 |
| 2010 | -- | $39,700 -6.3% |
| 2009 | -- | $42,355 -18.2% |
| 2008 | -- | $51,800 +3% |
| 2007 | -- | $50,270 |
| 2006 | -- | -- |
| 2003 | -- | $43,505 |
| 2002 | -- | $43,505 +1.1% |
| 2001 | -- | $43,046 +10.1% |
| 2000 | -- | $39,093 |
Find assessor info on the county website
Neighborhood: 48041
Nearby homes
- $--3 Acres0 Memphis Ridge Rd, Memphis, MI 48041Off Market
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- $156,400-- bd1 ba1k sqft1556 Riley Center Rd, Riley, MI 48041Off Market
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Nearby schools
GreatSchools rating
- 8/10Memphis Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 7/10Memphis High SchoolGrades: 6-12Distance: 4.6 mi
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Estimated market value
$143,600
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
$143,600
- Michigan
- Saint Clair County
- Memphis
- 48041
- 1530 Riley Center Rd
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