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Off market
  • $194,900

    724 Oak St, Niles, MI 49120

    --beds
    0baths
    600sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $194,900 Zestimate®
    $325/sqft
    $1,013 Estimated rent

    Home value

    $194,900

    $162,000 - $230,000

    $1,013/mo

    Zestimate® history
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    Owner options

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    $1,013/mo

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    Rent Zestimate®

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    $1,307/mo

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    $1,307/mo

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    What's special

    If you looking for an investment property with a verified rental history, this one could be for you. This 3 unit apartment building has been a registered property with the City of Niles since 2005. Nicely updated over the past few years including each units interior, plus mechanicals. Within walking distance to downtown shopping, parks and restaurants, making this property attractive to perspective tenants. The current owners have taken great pride in making sure the property has been satisfa ctory with current tenants and the City of Niles. This is an amazing opportunity for the seasoned investor or anyone looking to start out in rentals. Property is occupied by tenants, appointment is required.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 600 sqft

    Property

    Parking
    • Parking features: Off-street
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: 7327300004041

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Niles

    Price history

    DateEventPrice
    2/9/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/26/2024Listed for rent$675+12.5%$1/sqft
    Source: Zillow Rentals Report a problem
    5/27/2016Sold$78,600-12.6%$131/sqft
    Source: MichRIC #16006549 Report a problem
    2/18/2016Listed for sale$89,900+57.2%$150/sqft
    Source: Bon Realty, Inc. #16006549 Report a problem
    2/18/2016Listing removed$600$1/sqft
    Source: Owner Report a problem
    2/3/2016Listed for rent$600$1/sqft
    Source: Owner Report a problem
    7/3/2012Sold$57,200-24.7%$95/sqft
    Source: MichRIC #12013681 Report a problem
    12/28/2004Sold$76,000$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,447 +5%$99,700 +20.4%
    2024$2,330 $82,800 +45.3%
    2023-- $57,000 +6.5%
    2022$2,122 $53,500 +7.4%
    2021-- $49,800 +32.8%
    2020$2,068 -5.8%$37,500 +4.5%
    2019$2,196 +2.5%$35,900 -22.1%
    2018$2,142 +16.6%$46,100 +23.3%
    2017$1,837 +0.3%$37,400 +6.6%
    2016$1,832 +94.2%$35,100 +7.3%
    2015$943 $32,700
    2014-- $32,700 +5.1%
    2013-- $31,100 +1%
    2012-- $30,800 -24.3%
    2011-- $40,700 +5.4%
    2010-- $38,600 -11.9%
    2009-- $43,800 -1.1%
    2008-- $44,300 +7.8%
    2007-- $41,100 -2.8%
    2006-- $42,300 +2.4%
    2005-- $41,300 +4.3%
    2004-- $39,600 +1%
    2003-- $39,200 +4.5%
    2002-- $37,500 +5.9%
    2001-- $35,400

    Find assessor info on the county website

    Neighborhood: 49120

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $194,900
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    Estimated market value
    $194,900