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

Eaton Rapids, MI, 48827
$ 299,000
Baths0.0 Sq 3,468

Monthly Estimate*

$ 1,865

502 S East Street, Eaton Rapids, MI 48827 - Image 1
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502 S East Street, Eaton Rapids, MI 48827 - Image 4
502 S East Street, Eaton Rapids, MI 48827 - Image 5
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502 S East Street, Eaton Rapids, MI 48827 - Image 8
502 S East Street, Eaton Rapids, MI 48827 - Image 9
502 S East Street, Eaton Rapids, MI 48827 - Image 10
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502 S East Street, Eaton Rapids, MI 48827 - Image 15
Studio

Multi-Family Home for sale in Eaton Rapids, MI

for $299,000. This 3,468 square foot 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.

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Multi-Family Active

Price

$ 299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,500

Style

Ranch

Lot Size

0.38

Year Built

1964

Town/City

Eaton Rapids

County/Region

Eaton

MLS | Web ID

630000293016

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Roof Shingle
Architectural Style Ranch
Construction Materials Block WoodSiding
Year Built 1964
Electric Service100Amp VoltsinKitchen220
Levels One
Tax Year 2025
County Eaton
Net Operating Income 15700.0
Insurance Expense 3000.0
New Construction N
Property Type ResidentialIncome
HOA N
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 EatonRapidsCity_Eaton
Senior Community Y/N N
High School District EatonRapids
Zoning Description MultiFamily
Number Of Units Total 4
MLS Area Area23122EatonRapids
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5500.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels 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
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Interior
Basement Concrete CrawlSpace
Flooring Carpet Tile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3468.0
Laundry Features CommonArea ElectricDryerHookup InHall WasherHookup
Above Grade Finished Area Unit Type SquareFeet
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Exterior
Exterior Amenities Lighting
Parking Features Common
Water Source Public
Total Parking 5.0
Spa N
Building Area Total 3458.0
Lot Dimensions IRREG
Lot Size Acres 0.38
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Douglas Eschtruth

Listing Agent

Re/Max Real Estate Professionals

Broker

(517) 339-5000

Phone

Affordability Calculator

$2,324
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,865
Monthly Property Taxes
$458
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
4909230 Elementary School
4909490 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 3,468 sqft and 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