Investment opportunity. 2 unit (up & down located in Decatur, MI. Units are rented on a month to month basis. Utilities are separately metered. Buyer must be pre-approved for financing prior to viewing the property. The asset is being sold in ''as is'' condition.
Active
$140,000
203 E Delaware St, Decatur, MI 49045
4beds
2baths
1,468sqft
Est.:
2 to 4 Units
Built in 1900
-- sqft lot
$-- Zestimate®
$95/sqft
$-- HOA
What's special
- 24 days |
- 538 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
JoAnne Potts 269-217-5666,
Chuck Jaqua, REALTOR 269-381-7653,
Joanne K Becker 269-217-9878,
Chuck Jaqua, REALTOR
Source: MichRIC,MLS#: 25034674
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Features
- Basement: Full
Interior area
- Total interior livable area: 1,468 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Gravel
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 54' x 132' x 54' x 132'
Details
- Parcel number: 804304044000
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $24,015
- Annual tax amount: $1,660
- Date on market: 4/16/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,491/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Listed for sale | $140,000$95/sqft |
Source: | ||
| 8/16/2025 | Listing removed | $140,000$95/sqft |
Source: | ||
| 8/11/2025 | Price change | $140,000-6.7%$95/sqft |
Source: | ||
| 7/14/2025 | Listed for sale | $150,000$102/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,660 +5.7% | $50,100 +14.4% |
| 2024 | $1,570 +2.8% | $43,800 -3.7% |
| 2023 | $1,527 | $45,500 +13.5% |
| 2022 | -- | $40,100 +15.9% |
| 2021 | -- | $34,600 +19.3% |
| 2020 | -- | $29,000 +17.9% |
| 2018 | -- | $24,600 +5.1% |
| 2017 | $564 +0.9% | $23,400 +14.1% |
| 2016 | $559 +1.2% | $20,500 |
| 2015 | $553 +1.9% | $20,500 +3% |
| 2014 | $543 | $19,900 -3.9% |
| 2013 | -- | $20,700 -10% |
| 2012 | -- | $23,000 +4.1% |
| 2011 | -- | $22,100 -7.5% |
| 2010 | -- | $23,900 -19.5% |
| 2009 | -- | $29,700 -5.1% |
| 2008 | -- | $31,300 +9.1% |
| 2007 | -- | $28,700 +11.2% |
| 2006 | -- | $25,800 +4.9% |
| 2005 | -- | $24,600 -16.3% |
| 2004 | -- | $29,400 +9.3% |
| 2003 | -- | $26,900 +7.2% |
| 2002 | -- | $25,100 +7.3% |
| 2001 | -- | $23,400 |
Find assessor info on the county website
Monthly payment
Est. payment
$879/mo
Principal & interest
$732
Property taxes
$147
More affordability tools
Climate risks
Neighborhood: 49045
Nearby schools
GreatSchools rating
- 8/10Davis Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Decatur High SchoolGrades: 6-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Van Buren County
- Decatur
- 49045
- 203 E Delaware St







