80619 Main Street Memphis, MI $ 250,000
80619 Main Street
$ 250,000
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80619 Main Street

Memphis, MI, 48041
$ 250,000
Bedrooms4 Baths4.0 Sq 3,794

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Memphis, MI

for $250,000 with 4 bedrooms and 4 full baths. This 3,794 square foot home was built in 1892 on a lot size of 0.51.

Great investment opportunity to own a fourplex with strong income potential! This fourplex features two 2-bedroom units and two 1-bedroom units, with two units currently occupied—one renting for $950/month (lower 2 bedroom) and one for $750/month (upper 1 bedroom), both with recently renewed leases. Projected total rental income is approximately $3,400 per month when fully occupied. Each unit is separately metered for electricity, with tenants paying their own utilities, and water is included in rent. Upstairs units offer private balconies, adding tenant appeal. There is a basement with laundry hookups available, along with a rear parking area for tenants. New soffits and gutters (2025). An additional lot behind the parking area provides the opportunity to split and sell or build another home, offering added value and future upside to buyers!

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Multi-Family Active

Price

$ 250,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,339

Style

Colonial

Lot Size

0.51

Year Built

1892

Town/City

Memphis

County/Region

Saint Clair

MLS | Web ID

20261036569

Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CeilingFans
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials VinylSiding
Exclusions Exclusion(s) Do Not Exist
Pets Allowed No
Year Built 1892
Levels Two
Property Subtype MultiFamily
County Macomb
Net Operating Income 26120.0
Operating Expense 14680.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name S/P # 01 MEMPHIS
Garage Y/N N
Other Structures Sheds
Rent Includes Water YardMaintenance
Full Baths 4
Status Active
Directions Head north on Memphis Ridge Rd. Home is facing east on the corner of Benton and Main St
City MemphisCity_Macomb
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable ConformstoZoning NoEncroachment ExclusionsDoNotExist NoInventoryIncluded NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Memphis
Zoning Description Residential
Number Of Units Total 4
MLS Area Area03033MemphisMacombCounty
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 5339.0
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
Occupancy Type Tenant
Tax Assessed Value 90990
Expected Active Date 2026-05-20
Legal Description SUPERVISORS PLAT NO 1; BEING A REPLAT OF CARLTON SABINS ADDITION AND CARLTON SABINS SECOND ADDITION AND A PLAT OF PART OF THE NW 1/4 OF SECTION 2 LOT 30 CITY OF MEMPHIS
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3794.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Parking Features ParkingLot
Water Source Public
Foundation Details MichiganBasement Stone
Spa N
Lot Dimensions 74x216
Lot Size Acres 0.51
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 80619
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* Excluded Features
List By
Brittney Pflueger

Listing Agent

Brookstone, Realtors Llc

Broker

(586) 588-5195

Phone

Affordability Calculator

$1,984
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$445
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
848722 Elementary School
848190 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$250,000 Listed Price

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80619 Main Street, Memphis, MI, 48041 is a Multi-Family Home for sale at $250,000 with 3,794 sqft and a lot size of 0.51. 80619 Main Street has 4 bedrooms, 4.0 baths, and was built in 1892. The property's zip code is 48041 which is in Memphis, MI