Perfect 2-Unit Home with Rental Income Potential - Ideal for Homebuyers or Investors. NEW ROOF, NEW FLOORING, NEW PAINT! This spacious 2-unit property offers fantastic rental income. You will find great value in this rental property. FRONT UNIT IS 3bed/1bath and features beautiful bay windows and intricate woodwork throughout. The large living room (15x23) is perfect for entertaining, while the master bedroom (11x13) offers a cozy retreat. Two additional bedrooms are located upstairs. This unit includes air conditioning, washer and dryer, and a basement with plenty of storage space. BACK UNIT is 2 bed/1.5-bath w/spacious living room (13x25) with a wood-burning fireplace. Upstairs bedroom (13x15) features a large closet and en-suite master bath. The main level has an additional bedroom, a half-bath, a dining room, and a kitchen with ample cabinetry, pantry, and all appliances, including a washer and dryer. PARKING IS PLENTIFUL!
Active backup
$199,900
422 N Main St, Watervliet, MI 49098
5beds
3baths
2,100sqft
2 to 4 Units
Built in 1947
-- sqft lot
$193,400 Zestimate®
$95/sqft
$-- HOA
What's special
Wood-burning fireplaceIntricate woodwork throughoutWasher and dryerAir conditioningDining roomBeautiful bay windows
- 32 days |
- 988 |
- 99 |
Zillow last checked:
Listing updated:
Listed by:
Kerry M Wright 269-369-4640,
Wright Properties 269-369-4640
Source: MichRIC,MLS#: 26026362
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Forced Air
Cooling
- Central Air, None
Appliances
- Laundry: In Unit
Features
- Basement: Full
Interior area
- Total interior livable area: 2,100 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 0.3 Acres
- Dimensions: 47 x 300 x 53 x 275
- Features: Adj to Public Land, Sidewalk
Details
- Parcel number: 117803400027001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding, Wood Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Location
- Region: Watervliet
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $72,639
- Annual tax amount: $4,538
- Date on market: 6/2/2026
- Listing terms: FHA,Cash,Conventional
- Tenant pays: Electricity, Sewer, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$193,400
$184,000 - $203,000
$1,495/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Contingent | $199,900$95/sqft |
Source:  MichRIC #26026362 Report a problem | ||
| 6/2/2026 | Listed for sale | $199,900+0.5%$95/sqft |
Source: MichRIC #26026362 Report a problem | ||
| 1/15/2026 | Listing removed | $199,000$95/sqft |
Source: MichRIC #25050369 Report a problem | ||
| 1/8/2026 | Contingent | $199,000$95/sqft |
Source: MichRIC #25050369 Report a problem | ||
| 10/1/2025 | Listed for sale | $199,000+93.2%$95/sqft |
Source: MichRIC #25050369 Report a problem | ||
| 5/17/2021 | Sold | $103,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,538 +4% | $79,000 +9% |
| 2024 | $4,363 | $72,500 +8% |
| 2023 | -- | $67,100 +4% |
| 2022 | $2,776 | $64,500 +5% |
| 2021 | -- | $61,400 +13.7% |
| 2020 | $2,701 +2.3% | $54,000 +13.2% |
| 2019 | $2,640 +1.9% | $47,700 +16.1% |
| 2018 | $2,591 +1.6% | $41,100 -14.7% |
| 2017 | $2,551 -0.2% | $48,200 +11.1% |
| 2016 | $2,556 +8.9% | $43,400 +9% |
| 2015 | $2,348 | $39,800 +0.5% |
| 2014 | -- | $39,600 -1.7% |
| 2013 | -- | $40,300 -16.4% |
| 2012 | -- | $48,200 -16.6% |
| 2011 | -- | $57,800 -3.7% |
| 2010 | -- | $60,000 |
| 2009 | -- | $60,000 +0.8% |
| 2008 | -- | $59,500 +40.2% |
| 2007 | -- | $42,450 +0% |
| 2006 | -- | $42,430 +4.5% |
| 2005 | -- | $40,600 +2% |
| 2004 | -- | $39,800 +7% |
| 2003 | -- | $37,200 +1.9% |
| 2002 | -- | $36,500 +2.8% |
| 2001 | -- | $35,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 49098
Nearby schools
GreatSchools rating
- 6/10North Elementary SchoolGrades: PK,3-5Distance: 0.5 mi
- 6/10Watervliet Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Watervliet Senior High SchoolGrades: 9-12Distance: 0.5 mi
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A local lender can help you make sure your offer is ready when you are.
- Michigan
- Berrien County
- Watervliet
- 49098
- 422 N Main St
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