Cash Only – Investor / Handyman Opportunity with Strong Upside Potential!
This 3-bedroom, 1-bath ranch sits on a corner lot with two road frontages on nearly half an acre, offering excellent space and privacy. Built in 1989, this home has good bones and a great layout with just over 1,000 sq ft of living space. The roof is approximately 10 years old, windows are in good condition. The property also features central AC and a whole-house generator. The home will benefit from cosmetic updates and personal finishing touches. Mechanical systems were functioning about a year ago, and the home appears to be in solid shape overall; however the electricity is currently off and systems cannot be tested making this a Cash-Only / As-Is sale. Ideal for: Fix & flip investors, Buy and hold landlords, Handyman owner-occupants or Anyone seeking equity growth potential
With its corner lot and value-add opportunity this ranch is a prime candidate to renovate and build long-term equity or rental income.
Sold for $136,550 on 11/17/25
$136,550
1530 Riley Center Rd, Riley, MI 48041
3beds
1,008sqft
Single Family Residence
Built in 1989
0.4 Acres Lot
$137,100 Zestimate®
$135/sqft
$1,478 Estimated rent
Home value
$137,100
$122,000 - $154,000
$1,478/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 03:49am
Listed by:
Jessica Chesney 810-706-2996,
Realty Market Matters LLC
Bought with:
Jason Brickel, 6501372021
KW Platinum
Source: Realcomp II,MLS#: 20251048797
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 154
- Dimensions: 14 X 11
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 11 X 9
Other
- Level: Entry
- Area: 40
- Dimensions: 8 X 5
Kitchen
- Level: Entry
- Area: 209
- Dimensions: 11 X 19
Laundry
- Level: Entry
- Area: 48
- Dimensions: 8 X 6
Living room
- Level: Entry
- Area: 165
- Dimensions: 11 X 15
Heating
- Forced Air, Propane
Cooling
- Central Air
Appliances
- Included: Water Softener Owned
- Laundry: Laundry Room
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,008 sqft
- Finished area above ground: 1,008
Property
Parking
- Parking features: Driveway, No Garage
Accessibility
- Accessibility features: Accessible Approach With Ramp
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 0.40 Acres
Details
- Additional structures: Sheds
- Parcel number: 74296800010000
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block, Crawl Space
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Riley
- Subdivision: RILEY CENTER
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Sold | $136,550+5%$135/sqft |
Source:  Realcomp II #20251048797 | ||
| 11/4/2025 | Pending sale | $130,000$129/sqft |
Source: Realcomp II #20251048797 | ||
| 10/25/2025 | Listed for sale | $130,000+108%$129/sqft |
Source: Realcomp II #20251048797 | ||
| 12/14/1990 | Sold | $62,500$62/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,355 +4.8% | $93,900 +4.6% |
| 2024 | $1,294 +3.8% | $89,800 +11.7% |
| 2023 | $1,247 +17.3% | $80,400 +7.3% |
Find assessor info on the county website
Neighborhood: 48041
Nearby schools
GreatSchools rating
- 9/10Memphis Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 5/10Memphis High SchoolGrades: 6-12Distance: 4.6 mi
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$137,100
2% more+ $2,742
With Zillow Showcase(estimated)
$139,842