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For sale
    • Price cut: $4.1K (8/7)
    $159,900

    242 S East St, Vassar, MI 48768

    5beds
    1,986sqft
    : 
    $1,216/mo
    Get pre-qualified
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $81/sqft
    $-- HOA

    What's special

    Corner lotNewer windows downstairsCement drivewayShed included
    Income Producing Property! Or Live In One & Rent The Other!! FHA & VA approved when occupying one of the units. Updated 2 story home on a corner lot. Utilities paid by tenants. Updates include plumbing & electrical, fresh paint, flooring, outlet covers and some light fixtures updated in the main floor unit. Cement driveway. Shed included. Newer windows downstairs and a mix upstairs. Main apartment has 1250 sq feet, has 1-1/2 bath, and 3 bedrooms. The upstairs has 736 sq feet, 2 bedrooms and 1 bathroom. Estimated rent based on market is $750/month for the upper level & Receiving $1009/mo for the bottom apartment with a gross yearly income of $21,108. Rents/Security Deposit Transferred at Closing. Utilities separate for each unit. Warranty negotiable.
    211 days
    445
    32

    Zillow last checked:

    Listing updated:

    Listed by:

    Sue McKnight 989-325-0319,

    DeMark Real Estate

    Source: MiRealSource,MLS#: 50198511MLS LogoOriginating MLS: East Central Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Wall Furnace, Forced Air
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Laundry: First Floor Laundry
      Features
      • Basement: Block,Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 1,986
      • Total interior livable area: 1,986 sqft

      Property

      Features
      • Levels: Two
      • Stories: 2
      • Frontage length: 70
      Lot
      • Size: 0.25 Acres
      • Dimensions: 170 x 70
      Details
      • Parcel number: 051500129100000
      • Zoning description: Residential
      • Special conditions: Private

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Basement
      Condition
      • Year built: 1950

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sanitary
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Original City Of Vassar
      Location
      • Region: Vassar

      Financial & listing details

      • Price per square foot: $81/sqft
      • Tax assessed value: $128,000
      • Annual tax amount: $3,768
      • Date on market: 1/30/2026
      • Cumulative days on market: 191 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA
      • Total actual rent: 1759

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,056/mo

        Price history

        DateEventPrice
        8/7/2026Price change$159,900-2.5%$81/sqft
        Source: MiRealSource #50198511 Report a problem
        4/10/2026Price change$164,000-3%$83/sqft
        Source: MiRealSource #50198511 Report a problem
        3/24/2026Price change$169,000-1.5%$85/sqft
        Source: MiRealSource #50198511 Report a problem
        2/20/2026Listed for sale$171,500$86/sqft
        Source: MiRealSource #50198511 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,582 +54%$64,000 +14.1%
        2024$1,027 -29.9%$56,100 +10%
        2023$1,466 +54.8%$51,000 +33.5%
        2022$947 $38,200 -3.3%
        2021-- $39,500 +1%
        2020-- $39,100 -6%
        2019-- $41,600 +14.3%
        2018$850 $36,400 -0.5%
        2017-- $36,600 +8%
        2016-- $33,900 +1.5%
        2015$8 $33,400 +4%
        2014$8 $32,100
        2013-- $32,100
        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.
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        Climate risks

        Neighborhood: 48768

        Getting around

        44 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Vassar Public Schools

        Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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