502 S East Street Eaton Rapids, MI ^$ 299,000

502 S East Street

^$ 299,000

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Recently Listed

502 S East Street

Eaton Rapids, MI, 48827

^$ 299,000

Studio Baths0.0

Monthly Estimate*

^$ 1,865

502 S East Street, Eaton Rapids, MI 48827 - Image 1

502 S East Street, Eaton Rapids, MI 48827 - Image 2

502 S East Street, Eaton Rapids, MI 48827 - Image 3

502 S East Street, Eaton Rapids, MI 48827 - Image 4

502 S East Street, Eaton Rapids, MI 48827 - Image 5

502 S East Street, Eaton Rapids, MI 48827 - Image 6

502 S East Street, Eaton Rapids, MI 48827 - Image 7

502 S East Street, Eaton Rapids, MI 48827 - Image 8

502 S East Street, Eaton Rapids, MI 48827 - Image 9

Studio

Multi-Family Home for sale in Eaton Rapids, MI

for $299,000. This home was built in 1964 on a lot size of 0.38.

Great 4 unit income property. Easy to rent. All units occupied. Well maintained. Updates include newer roof, newer AC units and funaces. Tenants pay gas and electric bills. Showings to be proceeded by acceptable letter of intent or buy/sell agreement and pre-approval letter.

Multi-Family Active

Price

^$ 299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Ranch

Lot Size

0.38

Year Built

1964

Town/City

Eaton Rapids

County/Region

Eaton

MLS | Web ID

293016

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling Central Air

Roof Shingle

Architectural Style Ranch

Construction Materials Rough Sawn Block Wood Siding

Year Built 1964

Electric 100 Amp Service 220 Volts in Kitchen

Township Eaton Rapids City

Levels One

Property Subtype Quadruplex

Tax Year 2025

County Eaton

Net Operating Income 15700.0

Insurance Expense 3000.0

Property Type Resid/Multi-Family

Attached Garage N

MaintenanceExpense 3000.0

Subdivision Name Dutton

Garage Y/N N

Status Active

Directions STATE STREET TO S. EAST STREET SOUTH TO S EAST STREET

City Eaton Rapids

Senior Community Y/N N

High School District Eaton Rapids

Zoning Description Zoning

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 16552.8

Carport Y/N N

Land Lease Y/N N

Lease Renewal Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 75100

Taxes 6000.0

Legal Description LOT 1. BLOCK 4. DUTTON & LEONARDS ADDITION CITY OF EATON RAPIDS

New Construction None

Interior

Basement Concrete Crawl Space

Flooring Carpet Tile Vinyl

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Above Grade Finished Area 3468.0

Laundry Features Common Area Electric Dryer Hookup In Hall Washer Hookup

Total Baths 0

Exterior

Exterior Amenities Lighting

Parking Features Common

Lot Features Back Yard City Lot Few Trees Landscaped Level Corner Lot

Water Source Public

Total Parking 5.0

Lot Size Area 0.38

Spa N

Lot Dimensions IRREG

Lot Size Acres 0.38

Road Surface Type Asphalt

Waterfront Y/N N

Road Frontage Type City Street

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Douglas Eschtruth

Listing Agent

Re/Max Real Estate Professionals

Broker

eschtruthd@gmail.com

Affordability Calculator

$1,865

Per Month

Monthly Principal & Interest: $1,865
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

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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 Eaton Rapids, MI

Average List Price ^$314,250

Percent of Sale Price 5%

About Eaton Rapids, MI

5,228 Population

-1% Since 2002

^$44,922 Median Income

37.33 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2075858 Elementary School

2075924 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/10/2025	$299,000		Listed Price

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502 S East Street, Eaton Rapids, MI, 48827 is a Multi-Family Home for sale at $299,000 with a lot size of 0.38. 502 S East Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 48827 which is in Eaton Rapids, 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 IDX Program of The Greater Lansing Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

Information is deemed reliable but is not guaranteed accurate by the MLS.

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.

Data is updated as of 12/12/2025.

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502 S East Street

Multi-Family Home for sale in Eaton Rapids, MI

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