228 N First Street Cassopolis, MI ^$ 160,000

228 N First Street

^$ 160,000

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228 N First Street

Cassopolis, MI, 49031

^$ 160,000

Studio Baths0.0

Monthly Estimate*

^$ 998

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Studio

Multi-Family Home for sale in Cassopolis, MI

for $160,000. This home was built in 1950 on a lot size of 0.21.

Do not miss out on this investment opportunity in Cassopolis. This property boast three apartments and one barbershop all with current tenants. Apartment one has an oversized master with a large living space and currently rents for 600. The back two apartments have two bedrooms and one bath and rent for 500. Owner pays for water and tenants pay for utilities. Front barbershop provides additional income potential. Don't miss this opportunity for steady income.

Multi-Family Pending

Price

^$ 160,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,806

Style

2 to 4 Units

Lot Size

0.21

Year Built

1950

Town/City

Cassopolis

County/Region

Cass

MLS | Web ID

25040934

Features

General

Heating Forced Air

Utilities Phone Available Cable Available Natural Gas Connected Electricity Connected

Possession Close Of Escrow

Roof Composition

Construction Materials Vinyl Siding

Year Built 1950

Tenant Pays Electric Trash Gas

Township Cassopolis Vllg

Property Subtype 2 to 4 Units

Tax Year 2024

County Cass

New Construction N

Property Type Multi Family

Attached Garage N

Status Pending

Directions Leaving the Bergman Vet head West on M60. You will take the 3rd road on your right which is N First Street. After passing the first road on your right the home will be the 3rd property on you right.

City Cassopolis

High School District Cassopolis

Number Of Units Total 4

MLS Area Southwestern Michigan - S

Lot Size Units Acres

Lot Size Square Feet 9131.0

Listing Terms FHA Cash Conventional

Land Lease Y/N N

Tax Annual Amount 1806.0

Lease Renewal Y/N N

MLS Area Minor Southwestern Michigan - S

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Pending

Tax Assessed Value 30250

Legal Description . V-636 LOT 45 FAIR GROUND HEIGHTS ADD VIL CASSOPOLIS.

Senior Community None

Interior

Basement Partial

Basement (Y/N) Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Driveway Gravel

Lot Features Sidewalk

Total Parking 4.0

Lot Size Area 0.21

Number of Buildings 2

Spa N

Lot Dimensions 70 x 132

Lot Size Acres 0.21

Road Surface Type Paved

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 228

* Excluded Features

List By

Exp Realty

Broker

aprilann.romero@exprealty.com

Affordability Calculator

$1,149

Per Month

Monthly Principal & Interest: $998
Monthly Property Taxes: $151
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cassopolis, MI

Average List Price ^$160,000

Percent of Sale Price 0%

About Cassopolis, MI

1,657 Population

-8% Since 2002

^$32,446 Median Income

39.06 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

250760 Elementary School

250046 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/18/2025	$160,000	-8.57%	Price Down
10/3/2025	$175,000	-5.41%	Price Down
9/3/2025	$185,000	-7.50%	Price Down
8/13/2025	$200,000		Listed Price

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228 N First Street, Cassopolis, MI, 49031 is a Multi-Family Home for sale at $160,000 with a lot size of 0.21. 228 N First Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 49031 which is in Cassopolis, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 12/9/2025.

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228 N First Street

Multi-Family Home for sale in Cassopolis, MI

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