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213 Palmer Street Rives Junction, MI $ 399,000
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213 Palmer Street
$ 399,000
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213 Palmer Street

Rives Junction, MI, 49277
$ 399,000
Baths0.0

Monthly Estimate*

$ 2,457

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Studio

Multi-Family Home for sale in Rives Junction, MI

for $399,000. This home was built in 1900 on a lot size of 0.63.

RURAL DUPLEX INVESTMENT WITH STRONG CASH FLOW AND SELLER LEASEBACK OPPORTUNITY - Turnkey rural duplex offering diversified rental income, outbuildings, and a built-in tenant via a sale-leaseback structure below current appraised value. This is a rare chance to acquire income-producing real estate with an agreed 36 month buy-back that targets a strong return on capital.Property And Unit Details Unit 1: Currently rented at $2,500 per month, featuring 4 bedrooms, 2 bathrooms, a finished basement, and an on-site pole barn for storage, vehicles, or equipment - ideal for an owner-occupant or high-quality long-term tenant. Unit 2: Currently rented at $650 per month, offering 2 bedrooms, 1 bathroom, and a kitchenette area, perfect for steady supplemental income or multi-generational living. Rural setting provides privacy and a country feel while still within reasonable access to nearby towns, services, and employment corridors. The seller is specifically seeking an investor to

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Multi-Family Active

Price

$ 399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,610

Style

Lot Size

0.63

Year Built

1900

Town/City

Rives Junction

County/Region

Jackson

MLS | Web ID

70533977
Features
General
Heating Forced Air
Status Active Active
Year Built 1900
County Jackson
Class MULTIFAMILY
Type Multi-Family
Municipality Rives Twp
Zoning Residential
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Rives Twp (38013)
Primary City Rives Junction
Virtual Tour https://track.pstmrk.it/3s/www.zillow.com%2Fview-imx%2F7a8b2ed4-845d-490a-9d3e-f3efc25e036f%3FinitialViewType%3Dpano%26utm_source%3Ddashboard/cUpU/lYbFAQ/AQ/783373da-264b-4614-acd5-7c7a225c36b0/4/kNHc
Directions In Rives from Rives Eaton Rd W on E Main S on Palmer St.
City Rives Junction
School District Northwest School District
Financial Terms Cash Conventional Exchange/Trade
Legal Description LOTS 16 AND 17 ALSO THE S 10 FT OF THE W 24 FT OF LOT 18 ALSO LOT 19 EXCEPT THE S 8.16 FT THEREOF OF PALMER'S PLAT OF RIVES JUNCTION; SPLIT ON 09/17/2008 FROM 000-03-17-303-002-01;
DOM 1
Postal Code 49277
Public Remarks RURAL DUPLEX INVESTMENT WITH STRONG CASH FLOW AND SELLER LEASEBACK OPPORTUNITY - Turnkey rural duplex offering diversified rental income outbuildings
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Exterior
Exterior Brick Vinyl Siding
Frontage 198
Lot Size Area 0.63
Lot Dimensions 66x238
Roads City/County 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
Doug Beiswanger

Listing Agent

Coldwell Banker Beiswanger Realty Group

Broker

doug@mirealestatepro.com

Email

Affordability Calculator

$2,924
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$468
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
1516204 Elementary School
1516203 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2026$399,000 Listed Price

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213 Palmer Street, Rives Junction, MI, 49277 is a Multi-Family Home for sale at $399,000 with a lot size of 0.63. 213 Palmer Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49277 which is in Rives Junction, MI

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