Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Active
$299,900
400 La Salle Ave, Saint Joseph, MI 49085
4beds
3baths
1,542sqft
:
Get pre-qualified$2,017/mo
2 to 4 Units
Built in 1910
-- sqft lot
$291,700 Zestimate®
$194/sqft
$-- HOA
What's special
Updated landscaping
- 37 days |
- 1,144 |
- 67 |
Zillow last checked:
Listing updated:
Listed by:
Matt Sieber 269-277-6001,
Realty Executives Instant Equity 269-983-7721
Source: MichRIC,MLS#: 26032334
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total interior livable area: 1,542 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Driveway
Lot
- Size: 9,147 Square Feet
- Dimensions: 80 x 114
- Features: Sidewalk
Details
- Parcel number: 117685500052001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Block, Other
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Saint Joseph
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $87,196
- Annual tax amount: $4,954
- Date on market: 7/17/2026
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$291,700
$277,000 - $306,000
$1,775/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $299,900$194/sqft |
Source:  MichRIC #26032334 Report a problem | ||
| 6/30/2026 | Contingent | $299,900$194/sqft |
Source: MichRIC #26032334 Report a problem | ||
| 6/26/2026 | Listed for sale | $299,900$194/sqft |
Source: MichRIC #26032334 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,954 +4.5% | $181,300 +4.9% |
| 2024 | $4,741 | $172,800 +15.7% |
| 2023 | -- | $149,400 +20.6% |
| 2022 | $4,365 | $123,900 +5.2% |
| 2021 | -- | $117,800 +4.8% |
| 2020 | $4,258 +1.9% | $112,400 +7.8% |
| 2019 | $4,179 +6.9% | $104,300 +7.3% |
| 2018 | $3,909 +1.8% | $97,200 +2.1% |
| 2017 | $3,841 +0.9% | $95,200 +4.8% |
| 2016 | $3,806 +3.8% | $90,800 +7.2% |
| 2015 | $3,665 | $84,700 +5.5% |
| 2014 | -- | $80,300 +5.2% |
| 2013 | -- | $76,300 -6% |
| 2012 | -- | $81,200 +6.1% |
| 2011 | -- | $76,500 +4.2% |
| 2010 | -- | $73,400 -9.4% |
| 2009 | -- | $81,000 +1.9% |
| 2008 | -- | $79,500 +4.1% |
| 2007 | -- | $76,400 +20.5% |
| 2006 | -- | $63,400 +2.9% |
| 2005 | -- | $61,600 +8.1% |
| 2004 | -- | $57,000 +5% |
| 2003 | -- | $54,300 +4.6% |
| 2002 | -- | $51,900 +4.4% |
| 2001 | -- | $49,700 |
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.Climate risks
Neighborhood: 49085
Nearby schools
GreatSchools rating
- 8/10Lincoln SchoolGrades: PK-5Distance: 0.7 mi
- 9/10Upton Middle SchoolGrades: 6-8Distance: 3.4 mi
- 9/10St. Joseph High SchoolGrades: 9-12Distance: 0.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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