An exceptional value-add investment opportunity, this 20 unit apartment building at 323 E Bell St in Camden sits on a spacious 5 acre lot and offers tremendous upside potential for the right buyer. The unit mix features twelve 2-bedroom apartments and eight 1-bedroom apartments, ideal for capturing local rental demand. Major capital improvements have already been completed-including a new roof, updated camera system, and approximately 70% of the interior unit rehabs finished- drastically reducing the initial CapEx and timeline needed to reach full stabilization. Offered at $799,999 (under $40K per door), this property is being sold as a cash only deal, giving a buyer or investor the perfect entry point to complete the remaining interior updates, place qualified tenants, and maximize their rental yield.
Active
$799,999
323 E Bell St APT 101, Camden, MI 49232
18beds
12baths
--sqft
5+ Units
Built in 1990
-- sqft lot
$789,600 Zestimate®
$--/sqft
$-- HOA
What's special
New roof
- 28 days
- 289
- 16
Zillow last checked:
Listing updated:
Listed by:
Jill G Vella 517-317-7448,
Integra Realty LLC 517-914-5022,
Ryan Thomas Vella 517-317-2191,
Integra Realty LLC
Source: MichRIC,MLS#: 26044387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 12
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Laundry: Common Area, Laundry Room, Main Level
Features
- Basement: Slab
Property
Parking
- Total spaces: 40
- Parking features: Asphalt, Driveway
Lot
- Size: 5 Acres
Details
- Parcel number: 14 027 200 028 27 8 4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Available, Cable Available, Electricity Connected
Community & HOA
Location
- Region: Camden
Financial & listing details
- Tax assessed value: $282,200
- Annual tax amount: $2,329
- Date on market: 8/21/2026
- Listing terms: Cash
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$789,600
$750,000 - $829,000
$1,243/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $799,999 |
Source:  MichRIC #26044387 Report a problem | ||
| 5/27/2015 | Listing removed | $532 |
Source: Deardorf Property Management, Inc. Report a problem | ||
| 1/28/2015 | Listed for rent | $532 |
Source: Deardorf Property Management, Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $618 | $30,200 -1.9% |
| 2024 | -- | $30,800 |
Find assessor info on the county website
Monthly payment
Est. payment
