108 E Exchange Street Gobles, MI $ 229,000
108 E Exchange Street
$ 229,000
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108 E Exchange Street

Gobles, MI, 49055
$ 229,000
Bedrooms-- Baths3.0

Monthly Estimate*

$ 1,446

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Multi-Family Home for sale in Gobles, MI

for $229,000 with 3 full baths. This home was built in 1900 on a lot size of 0.02.

Great investment opportunity in quiet location next to the Post Office in downtown Gobles. Excellent cash flow opportunity with three 1-bedroom units that have split utilities, so the tenants pay gas and electric. Low maintenance with metal roof, vinyl siding, replacement windows, 3 new water heaters, furnace in unit 1 is 4 years old and the current owner has added a washer and dryer in each unit. Each unit has access to a deck to relax on and there is ample parking in front and in back.

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Multi-Family Active

Price

$ 229,000

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,277

Style

2 to 4 Units

Lot Size

0.02

Year Built

1900

Town/City

Gobles

County/Region

Van Buren

MLS | Web ID

26051544

Features
General
Sewer Septic Tank
Heating Forced Air
Cooling Window Unit(s)
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Metal
Construction Materials Vinyl Siding
Year Built 1900
Tenant Pays Electric Gas
Township Gobles City
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Van Buren
New Construction false
Property Type Multi Family
Attached Garage false
Status Active
Directions M 40 to downtown Gobles then turn right on E Exchange property on right past Post Office.
City Gobles
High School District Gobles
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 5847
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 3277
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 47472
Legal Description 18-F4 30-1-13 612-153 1125-590 1171-356 1367-217 1710-506/7 1738-104/5 *** E 76 FT OF LOT 1. ALSO E 76 FT OF N 34 FT OF LOT 4. BLOCK 6 GOBLES ADDITION
Senior Community None
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Interior
Basement Michigan Basement Partial
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 3
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Exterior
Parking Features Aggregate Driveway
Lot Features Sidewalk Corner Lot
Total Parking 5
Lot Size Area 0.02
Number of Buildings 1
Spa N
Lot Dimensions 100 x 76
Lot Size Acres 0.02
Road Surface Type Paved
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 108
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* Excluded Features
List By
Real Broker Llc

Broker

gladuke@realmtp.com

Email

Affordability Calculator

$1,719
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,446
Monthly Property Taxes
$273
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$229,000 Listed Price

Map


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108 E Exchange Street, Gobles, MI, 49055 is a Multi-Family Home for sale at $229,000 with a lot size of 0.02. 108 E Exchange Street has 3.0 baths and was built in 1900. The property's zip code is 49055 which is in Gobles, MI