80619 Main St, Memphis, MI 48041

$240,000
4
BA
3,794
SqFt

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Sold Price
$240,000
List Price
$250,000
Closing Date
Jul 14, 2026
MLS#
20261036569
Status
CLOSED
Bathrooms
4
Subdivision
S/P # 01 MEMPHIS

Property Description

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!

Additional Information

Year Built
1892
Basement Type
Unfinished
Acres
0.51
Style
Colonial
Acres
0.51
School District
Memphis
Cooling
Ceiling Fan(s)
Heating
Forced Air, Natural Gas
Garage Description
Parking Lot

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Brookstone, Realtors LLC 2489630505

Selling Office: EXP Realty Main.

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