Movoto Real Estate
Sold on 06/04/2026
  • Other
  • Exterior
  • View/Area
  • Bath
  • Bedroom
  • Kitchen

416 River, Three Rivers, MI 49093

$200,000

Last sold 06/04/2026 after 196 Days

  • —

    bed

  • —

    bath

  • 2,700

    Sqft ($74/Sqft)

Multi-family not for sale

About 416 River

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 0.29 Acre
Rental estimate
Property description
NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Listed by
Listing Agent - Kascee Wyatt Gateway/REAL/Mtp
Listing Office - Real Broker LLC
Source: MiRealSource, Inc mls logo
MLS#70505985 • last updated 2 months ago
Movoto checked MiRealSource, Inc for data 6 minutes ago
Overview
Cooling/AC None
Heating Radiant
Status Closed
Type Multi-Family
Lot Size (Acres) 0.29
Total Tax Amount 2215.87
Year Built 1976
Exterior
Foundation Slab
Construction Vinyl Siding
Location
Water Features River Frontage
County Three Rivers (75025)
Zoning St. Joseph Three Rivers City, Residential
Rental est.: $1,000/month
Gross rent multiplier: 16.7
  • Jul 2026
    mls logo MLS # 70505985
  • Jul 17, 2026 Sold
    $200,000 (-36.5%)
  • Jun 4, 2026 Pending
    —
  • Apr 22, 2026 Price Change
    $315,000 (-10.1%)
  • Nov 20, 2025 Listed
    $350,300
  • Nov 2025
    mls logo MLS # 68025059336
  • Nov 20, 2025 Listed
    $350,300 (+100.3%)
  • Oct 2021
    Public Records
  • Oct 19, 2021 Sold
    $174,900 (+74.9%)
  • Aug 2021
    mls logo MLS # 69021102029
  • Aug 23, 2021 Listed
    $100,000
  • Year Property taxes Tax assessment
  • 2024
    $2,168 +5.0%
    $106,300 +121.46%
  • 2023
    $2,065 +5.0%
    $48,000 +8.6%
  • 2022
    $1,967 +5.7%
    $44,200 +43.04%
  • 2021
    $1,860 -7.3%
    $30,900 -3.74%
  • 2020
    $2,007 +1.9%
    $32,100
  • 2019
    $1,970 -2.6%
    $32,100 +3.88%
  • 2018
    $2,022
    $30,900
  • 416 River
    $200K
  • Three Rivers (75025)
    —
  • 49093
    $299K +17% y/y
  • Three Rivers
    $299K +18% y/y
No chart available
Statistics calculated by Movoto

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