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500 River Street Three Rivers, MI $ 350,300
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$ 350,300 Get more info
500 River Street
$ 350,300
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500 River Street

Three Rivers, MI, 49093
$ 350,300
Baths0.0

Monthly Estimate*

$ 2,185

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Studio

Multi-Family Home for sale in Three Rivers, MI

for $350,300. This home was built in 1972 on a lot size of 0.48.

Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.

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Multi-Family Active

Price

$ 350,300

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,064

Style

2 to 4 Units

Lot Size

0.48

Year Built

1972

Town/City

Three Rivers

County/Region

Saint Joseph

MLS | Web ID

25059338
Features
General
Sewer Public Sewer
Heating Radiant
Cooling None
Utilities Electricity Available Phone Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Year Built 1972
Tenant Pays Electric
Township Three Rivers City
Property Subtype 2 to 4 Units
Tax Year 2025
Waterfront Features River
County St. Joseph
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions Take S Main St to River St. Property sits adjacent to the River.
City Three Rivers
Body of Water St Joseph River
High School District Three Rivers
Zoning Description Residential
Number Of Units Total 4
MLS Area St. Joseph County - J
Lot Size Units Acres
Lot Size Square Feet 20996.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2064.6
Lease Renewal Y/N N
MLS Area Minor St. Joseph County - J
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 32736
Legal Description COM 342 FT E OF INT S MAIN ST & RIVER ST TH E 150 FT ALG RIVER ST TH N TO RIVER TH WLY ALG RIVER TO PT DUE N OF POB TH S TO POB. BEING PT OF LOT 17 BLK 1 FLINTS ADD CITY OF THREE RIVERS.
Senior Community None
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Interior
Basement Slab
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Total Parking 5.0
Lot Size Area 0.48
Number of Buildings 1
Spa N
Lot Dimensions 90x150
Lot Size Acres 0.48
Road Surface Type Paved
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Private Frontage True
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Michigan Top Producers

Broker

kascee@michigantopproducers.com

Email

Affordability Calculator

$2,357
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,185
Monthly Property Taxes
$172
Monthly 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
250538 Elementary School
250263 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$350,300 Listed Price

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500 River Street, Three Rivers, MI, 49093 is a Multi-Family Home for sale at $350,300 with a lot size of 0.48. 500 River Street is a studio with 0.0 baths and was built in 1972. The property's zip code is 49093 which is in Three Rivers, MI

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