Multi-unit investment property in Hersey offering solid ownership potential. This 2 to 4 unit building sits on a substantial 8,712 square foot lot, providing excellent land value and future development possibilities. The configuration supports multiple revenue streams through owner-occupancy or leasing strategies, making it an attractive addition to an investment portfolio. Well-positioned for those seeking tangible real estate assets with inherent equity growth prospects.
Active
Price cut: $5K (9/26)
$154,900
402 N Main St, Hersey, MI 49639
3beds
2baths
--sqft
2 to 4 Units
Built in ----
-- sqft lot
$153,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days
- 247
- 14
Zillow last checked:
Listing updated:
Listed by:
Robert W Bromley II 616-307-0397,
Childress Associates Realty 616-459-7932
Source: MichRIC,MLS#: 26047447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Basement: Michigan Basement
Property
Parking
- Total spaces: 6
- Parking features: Driveway, Gravel
Lot
- Size: 8,712 Square Feet
- Dimensions: 90 x 90
- Features: Level
Details
- Parcel number: 4216401101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Stucco, Vinyl Siding
- Roof: Composition
Condition
- New construction: No
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Hersey
Financial & listing details
- Tax assessed value: $36,000
- Annual tax amount: $800
- Date on market: 9/7/2026
- Listing terms: USDA Loan,MSHDA,FHA,Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$153,600
$146,000 - $161,000
$984/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Price change | $154,900-3.1% |
Source:  MichRIC #26047447 Report a problem | ||
| 9/7/2026 | Listed for sale | $159,900+17% |
Source: MichRIC #26047447 Report a problem | ||
| 10/19/2023 | Sold | $136,700-8.8% |
Source: MichRIC #23006794 Report a problem | ||
| 10/18/2023 | Pending sale | $149,900 |
Source: MichRIC #23006794 Report a problem | ||
| 8/21/2023 | Contingent | $149,900 |
Source: MichRIC #23006794 Report a problem | ||
| 3/9/2023 | Listed for sale | $149,900 |
Source: MichRIC #23006794 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,014 -0.2% | $43,900 +14% |
| 2025 | $1,016 | $38,500 +13.2% |
| 2024 | -- | $34,000 -1.4% |
| 2023 | $1,087 +8% | $34,500 +16.2% |
| 2022 | $1,006 | $29,700 +8% |
| 2021 | -- | $27,500 -1.4% |
| 2020 | -- | $27,900 +10.3% |
| 2019 | -- | $25,300 +5.9% |
| 2018 | -- | $23,900 -3.6% |
| 2017 | -- | $24,800 -12.1% |
| 2016 | -- | $28,200 +7.2% |
| 2015 | -- | $26,300 +9.6% |
| 2014 | -- | $24,000 |
| 2013 | -- | -- |
| 2012 | -- | $21,600 -2.7% |
| 2011 | -- | $22,200 -1.8% |
| 2010 | -- | $22,600 |
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: 49639
Nearby schools
Schools provided by the listing agent
- High: Reed City High School
Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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