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

Lot Size

0.32

Year Built

1980

Town/City

Plainwell

County/Region

Allegan

MLS | Web ID

70522611

Features
General
Heating Forced Air
Cooling None
Status Active Active
Year Built 1980
County Allegan
Class MULTIFAMILY
Type Multi-Family
Municipality Plainwell
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Plainwell (03037)
Primary City Plainwell
Directions From US-131 & M-89 head east on M-89 then north on Floral Ave to property on the corner.
City Plainwell
School District Plainwell Community Schools
Financial Terms Cash Conventional FHA VA
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
DOM 1
Postal Code 49080
Public Remarks 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
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Exterior
Exterior Vinyl Siding
Frontage 117
Lot Size Area 0.32
Lot Dimensions 117*120
Roads Paved Street
Waterfront Y/N No
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Interior
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Will Howson

Listing Agent

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
3952944 Elementary School
3952895 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