143 Floral Avenue Plainwell, MI $ 264,888
143 Floral Avenue
$ 264,888
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143 Floral Avenue

Plainwell, MI, 49080
$ 264,888
Baths0.0

Monthly Estimate*

$ 1,631

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Studio

Multi-Family Home for sale in Plainwell, MI

for $264,888. This home was built in 1980 on a lot size of 0.32.

Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases. Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy. Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways. This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.

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Multi-Family Active

Price

$ 264,888

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,067

Style

2 to 4 Units

Lot Size

0.32

Year Built

1980

Town/City

Plainwell

County/Region

Allegan

MLS | Web ID

26012929

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Exclusions na
Year Built 1980
Tenant Pays Electric Water Trash Sewer Gas
Township Plainwell City
Property Subtype 2 to 4 Units
Tax Year 2023
County Allegan
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions From US-131 & M-89 head east on M-89 then north on Floral Ave to property on the corner.
City Plainwell
High School District Plainwell
Zoning Description RIC
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 13939.0
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6067.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 93511
Legal Description LOTS 6 & 7 EXC A TRIANGULAR PARCEL IN NE COR LOT 7 DEEDED TO CITY ALSO EX W 10' OF LOTS 6 & 7 AS MEASURED ALG MARIETTE ST SCOTT'S ADDITION
Senior Community None
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Interior
Basement Crawl Space
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Unpaved
Lot Features Level Corner Lot
Total Parking 4.0
Lot Size Area 0.32
Number of Buildings 1
Spa N
Lot Dimensions 117*120
Lot Size Acres 0.32
Road Surface Type Paved
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 1 143
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* Excluded Features
List By
Coldwell Banker Realty

Broker

will.howson@cbrealty.com

Email

Affordability Calculator

$2,137
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,631
Monthly Property Taxes
$506
Monthly 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
250476 Elementary School
250606 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$264,888 Listed Price

Map


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143 Floral Avenue, Plainwell, MI, 49080 is a Multi-Family Home for sale at $264,888 with a lot size of 0.32. 143 Floral Avenue is a studio with 0.0 baths and was built in 1980. The property's zip code is 49080 which is in Plainwell, MI