Income-Producing Side-by-Side Duplex for Sale This fully remodeled duplex is a great investment opportunity! Both units are 2-bedroom, 1-bath and come with stable, income-producing tenancy. Unit #1: Rent is $675/month. Tenant pays Gas and Electric. Owner covers water. Unit #2: Rent is $650/month. Tenant pays Gas and Electric. Owner covers water. A new metal roof was installed in 2020, adding durability and low maintenance costs for years to come. This property is perfect for investors looking for reliable rental income. Don’t miss this chance to own an updated, income-producing property!
Sold for $85,000
$85,000
323 W Emerson St, Ithaca, MI 48847
--beds
--baths
1,500sqft
Multi Family
Built in 1954
-- sqft lot
$134,000 Zestimate®
$57/sqft
$1,123 Estimated rent
Home value
$134,000
$107,000 - $162,000
$1,123/mo
Zestimate® history
Owner options
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$1,123/mo
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$1,123/mo
Rent Zestimate®
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$449/mo
Est. payment
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$449/mo
Est. payment
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Fully remodeled duplex
Zillow last checked:
Listing updated:
Listed by:
Micah Kemler,
43 NORTH REALTY 989-463-1219
Bought with:
Konner Vedrode, 6501458042
43 NORTH REALTY
Source: NGLRMLS,MLS#: 1928850
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Gas Water Heater
Features
- None, Cable TV, High Speed Internet
- Windows: Blinds
- Has fireplace: Yes
- Fireplace features: Stove
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Waterfront features: None
Lot
- Size: 0.48 Acres
Details
- Additional structures: None
- Parcel number: 5270901000
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Block
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1954
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Ithaca
- Subdivision: N/A
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $85K - $85K
- Listing terms: Conventional,Cash
- Ownership type: Corporation
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2024 | Sold | $85,000-4.5%$57/sqft |
Source:  NGLRMLS #1928850 Report a problem | ||
| 11/7/2024 | Listed for sale | $89,000-25.2%$59/sqft |
Source: NGLRMLS #1928850 Report a problem | ||
| 9/1/2022 | Listing removed | $119,000$79/sqft |
Source: NGLRMLS #1897495 Report a problem | ||
| 3/12/2022 | Listed for sale | $119,000$79/sqft |
Source: NGLRMLS #1897495 Report a problem | ||
| 4/3/2018 | Listing removed | $475 |
Source: Zillow Rental Network Report a problem | ||
| 3/22/2018 | Listed for rent | $475 |
Source: Zillow Rental Network Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,169 +4.7% | $34,400 +5.5% |
| 2024 | $1,117 | $32,600 +3.5% |
| 2023 | -- | $31,500 -21.8% |
| 2022 | -- | $40,300 +14.2% |
| 2021 | -- | $35,300 +0.6% |
| 2020 | -- | $35,100 +3.5% |
| 2019 | -- | $33,900 +30.4% |
| 2018 | -- | $26,000 -36.1% |
| 2017 | -- | $40,700 -3.3% |
| 2016 | -- | $42,100 +2.4% |
| 2015 | -- | $41,100 +7% |
| 2014 | -- | $38,400 +1.9% |
| 2013 | -- | $37,700 -2.8% |
| 2012 | -- | $38,800 -6.7% |
| 2011 | -- | $41,600 |
Find assessor info on the county website
Neighborhood: 48847
Nearby schools
GreatSchools rating
- 6/10North Elementary SchoolGrades: 3-6Distance: 0.4 mi
- 8/10Ithaca High SchoolGrades: 7-12Distance: 1.3 mi
- NASouth Elementary SchoolGrades: PK-2Distance: 0.8 mi
Schools provided by the listing agent
- District: Ithaca Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Gratiot County
- Ithaca
- 48847
- 323 W Emerson St
Nearby cities
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