416 River Street Three Rivers, MI ^$ 315,000

416 River Street

^$ 315,000

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416 River Street

Three Rivers, MI, 49093

^$ 315,000

Studio Baths0.0 Sq 2,700

Monthly Estimate*

^$ 1,940

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Studio

Multi-Family Home for sale in Three Rivers, MI

for $315,000. This 2,700 square foot home was built in 1976 on a lot size of 0.29.

NEW METAL ROOF! 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.

Multi-Family Active

Price

^$ 315,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,215

Style

Lot Size

0.29

Year Built

1976

Town/City

Three Rivers

County/Region

Saint Joseph

MLS | Web ID

70505985

Features

General

Heating Radiant

Cooling None

Status Active Active

Year Built 1976

County St. Joseph

Class MULTIFAMILY

Type Multi-Family

Municipality Three Rivers

Zoning Residential

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Three Rivers (75025)

Primary City Three Rivers

Directions Take S Main St to River St. Property sits adjacent to river.

City Three Rivers

School District Three Rivers Community Schools

Financial Terms Cash Conventional

Legal Description COM 192 FT E OF INT S MAIN ST & RIVER ST TH E 95 FT (REC 100 FT) ALG RIVER ST TH N TO RIVER TH WLY ALG RIVER TO PT DUE N OF POB TH S TO POB. PT OF LOT 17 BLK 1 FLINTS ADD CITY OF 3 RIVERS.

DOM 155

Postal Code 49093

Price Per Sq Ft Total AG 116.67

Public Remarks

Exterior

Exterior Vinyl Siding

Frontage 95

Lot Size Area 0.29

Lot Dimensions 95x142

Water Features River Frontage

Roads City/County Paved Street

Waterfront Y/N Yes

Interior

Total Number of Units 4

* Excluded Features

List By

Kascee Wyatt

Listing Agent

Michigan Top Producers

Broker

kascee@michigantopproducers.com

Affordability Calculator

$2,124

Per Month

Monthly Principal & Interest: $1,940
Monthly Property Taxes: $185
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 Three Rivers, MI

Average List Price ^$278,518

Percent of Sale Price 12%

About Three Rivers, MI

7,991 Population

4% Since 2002

^$41,997 Median Income

34.89 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3438607 Elementary School

3438606 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2026	$315,000	-10.08%	Price Down
11/21/2025	$350,300		Listed Price

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416 River Street, Three Rivers, MI, 49093 is a Multi-Family Home for sale at $315,000 with 2,700 sqft and a lot size of 0.29. 416 River Street is a studio with 0.0 baths and was built in 1976. The property's zip code is 49093 which is in Three Rivers, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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416 River Street

Multi-Family Home for sale in Three Rivers, MI

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