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

108 E Exchange Street

^$ 229,000

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Recently Listed

108 E Exchange Street

Gobles, MI, 49055

^$ 229,000

Bedrooms-- Baths0.0 Sq 1,400

Monthly Estimate*

^$ 1,446

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Multi-Family Home for sale in Gobles, MI

for $229,000. This 1,400 square foot 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.

Multi-Family Active

Price

^$ 229,000

Property Type

Multi-Family

Taxes

^$ 3,277

Style

Lot Size

0.02

Year Built

1900

Town/City

Gobles

County/Region

Van Buren

MLS | Web ID

70561196

Features

General

Heating Forced Air

Status Active Active

Year Built 1900

County Van Buren

Class MULTIFAMILY

Type Multi-Family

Municipality Gobles

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Gobles (80024)

Primary City Gobles

Directions M 40 to downtown Gobles then turn right on E Exchange property on right past Post Office.

City Gobles

School District Gobles Public School District

Financial Terms Cash Conventional FHA VA

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

DOM 3

Postal Code 49055

Price Per Sq Ft Total AG 163.57

Public Remarks 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

Interior

Basement MI Basement

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 176

Lot Size Area 0.02

Lot Dimensions 100 x 76

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

* Excluded Features

List By

Gary LaDuke

Listing Agent

Real Broker Llc

Broker

gladuke@realmtp.com

Affordability Calculator

$1,719

Per Month

Monthly Principal & Interest: $1,446
Monthly Property Taxes: $273
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Gobles, MI

Average List Price ^$214,500

Percent of Sale Price 6%

About Gobles, MI

710 Population

6% Since 2002

^$46,607 Median Income

39.59 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3955158 Elementary School

3955151 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/28/2026	$229,000		Listed Price

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108 E Exchange Street, Gobles, MI, 49055 is a Multi-Family Home for sale at $229,000 with 1,400 sqft and a lot size of 0.02. 108 E Exchange Street has 0.0 baths and was built in 1900. The property's zip code is 49055 which is in Gobles, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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108 E Exchange Street

Multi-Family Home for sale in Gobles, MI

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