Pending

143 Floral Avenue

Plainwell, Michigan 49080

$249,999 $1,054/Mo

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Overview

Bed

Bath

0.32

Acre(Lot)

Description

Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases.Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy.Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roa dways.This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.

Property Details

Property Type : Multifamily

Price : $249,999

AD Id : 76674798

MLS Id : 66026012929

Beds : 4

Lot Size : 0.32 Acre

Year Built : 1980

County : Allegan

Map

What's Nearby

Nearby Areas

Features

Interior Features

Cable Available Roof: Composition
Heating & Cooling

Heating: Forced Air Heating Fuel: Natural Gas

Building Information

Year Built: 1980 Total Units: 2 Roof: Composition Foundation/Basement: Crawl
Utility Features

Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Water

Public (Municipal)

Lot Information

Lot Size: 0.32 Lot Dimensions: 117*120 Frontage Feet: 117
Property Information

Financing: Cash,Conventional,FHA,VA

Listing Price Information

Original List Price: $264,888
Listing Information

Possession: At Close Legal Description: LOTS 6 & 7 EXC A TRIANGULAR PARCEL IN NE COR LOT 7 DEEDED TO CITY ALSO EX W 10' OF LOTS 6 & 7 AS MEASURED ALG MARIETTE ST SCOTT'S ADDITION

Tax Information

Annual Tax: $6,067 Parcel Number: 5530000300
Possession

At Close
Legal Information

Legal Description: Section: LOTS 6 & 7 EXC A TRIANGULAR PARCEL IN NE COR LOT 7 DEEDED TO CITY ALSO EX W 10' OF LOTS 6 & 7 AS MEASURED ALG MARIETTE ST SCOTT'S ADDITION

Unit 2 Information

# of Bedrooms: 2

School Information

School District: Plainwell
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
721 E Bridge Street , Plainwell, MI, 49080	$425,000	6	--	--
221 S Woodhams Street , Plainwell, MI, 49080	$234,000	2	--	--

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ByOwner last updated this listing 06/16/2026 @ 16:47

MLS: 66026012929 LISTED BY: Will Howson , Coldwell Banker Realty 269-469-3950 SOURCE: Realcomp II Ltd