Pending

$225,000

70550 Main St, Richmond, MI 48062

5beds

2,088sqft

$1,496/mo

Get pre-qualified

Single Family Residence

Built in 1900

9,583 Square Feet Lot

$200,100 Zestimate^®

$108/sqft

$-- HOA

What's special

Ample parking spaceSpacious main floor unit

Exciting Investment Opportunity! This unique property features four units, including a spacious main floor unit, two upper units, and a unit above the two-car garage. With ample parking space and located right on Main Street, this property is in a prime rental area close to downtown and shopping. Don't miss out on this fantastic opportunity!

155 days
18
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4
Main level bedrooms: 2

Heating

Baseboard, Wall Furnace

Appliances

Laundry: Common Area

Features

Basement: Slab
Has fireplace: No

Interior area

Total structure area: 2,088
Total interior livable area: 2,088 sqft

Property

Parking

Total spaces: 2
Parking features: Converted Garage
Garage spaces: 2

Features

Stories: 2

Lot

Size: 9,583 Square Feet
Dimensions: 60 x 162

Details

Parcel number: 50070335276002

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1900

Utilities & green energy

Water: Public

Community & HOA

Location

Region: Richmond

Financial & listing details

Price per square foot: $108/sqft
Tax assessed value: $114,650
Annual tax amount: $7,393
Date on market: 4/1/2026
Listing terms: Cash,Conventional

Estimated market value

$200,100

$190,000 - $210,000

$2,669/mo

Price history

Date	Event	Price
4/13/2026	Pending sale	$225,000$108/sqft
Source: MichRIC #26012811 Report a problem
4/1/2026	Listed for sale	$225,000$108/sqft
Source: MichRIC #26012811 Report a problem
2/4/2025	Pending sale	$225,000$108/sqft
Source: MichRIC #24063792 Report a problem
12/23/2024	Listed for sale	$225,000+517.3%$108/sqft
Source: MichRIC #24063792 Report a problem
8/7/2021	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
8/5/2021	Listed for rent	$700+16.7%
Source: Zillow Rental Network Premium Report a problem
7/9/2020	Listing removed	$600
Source: Garner Properties & Management LLC Report a problem
6/23/2020	Listed for rent	$600+9.1%
Source: Garner Properties & Management Report a problem
11/18/2018	Listing removed	$550
Source: Garner Properties Report a problem
11/16/2018	Listed for rent	$550+10%
Source: Garner Properties Report a problem
3/9/2018	Listing removed	$500
Source: Property Management Services Report a problem
1/23/2018	Listed for rent	$500
Source: Property Management Services Report a problem
5/29/2014	Listing removed	$500
Source: Detroit Property Management - Summit Report a problem
5/6/2014	Listed for rent	$500
Source: Detroit Property Management - Summit Report a problem
4/4/2013	Listing removed	$500
Source: Summit Consulting Services Report a problem
3/18/2013	Listed for rent	$500
Source: Detroit Property Management - Summit Report a problem
12/28/2012	Sold	$36,450-10%$17/sqft
Source: Public Record Report a problem
9/25/2012	Listing removed	$40,500$19/sqft
Source: A.I. Realty #212073311 Report a problem
9/5/2012	Listed for sale	$40,500-66.5%$19/sqft
Source: A.I. Realty #212073311 Report a problem
8/17/2012	Sold	$120,744+168.3%$58/sqft
Source: Public Record Report a problem
7/18/2012	Listed for sale	$45,000-62.5%$22/sqft
Source: Ai Realty #212073311 Report a problem
8/2/2001	Sold	$119,900+14.7%$57/sqft
Source: Public Record Report a problem
12/14/1998	Sold	$104,500$50/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,197 +3.4%	$123,800 +4.1%
2024	$6,960 +5%	$118,900 +5.5%
2023	$6,630 +2.8%	$112,700 +5.7%
2022	$6,453	$106,600 +5.5%
2021	--	$101,000 +2.3%
2020	--	$98,700 +4.4%
2019	--	$94,500 +15.4%
2018	$4,983	$81,900 +1.4%
2017	--	$80,800
2016	--	$80,800 +3.6%
2015	$4,929	$78,000 +1.3%
2013	$4,929	$77,000 -3.8%
2012	--	$80,000
2011	--	$80,000 +29.2%
2010	$3,233	$61,900 -16.1%
2009	--	$73,800 -9.8%
2008	$3,909 +18.4%	$81,823 -3.2%
2007	$3,301 +22.7%	$84,546 +27.6%
2006	$2,690	$66,254 +3.3%
2004	--	$64,158 +5.5%
2003	$2,848 -0.6%	$60,840 +11.1%
2001	$2,866 +5.2%	$54,769 +3.2%
2000	$2,723	$53,071