Active

$149,900

216 N Chestnut St, Reed City, MI 49677

4beds

2baths

2,016sqft

Est.:

2 to 4 Units

Built in 1970

-- sqft lot

$139,900 Zestimate^®

$74/sqft

$-- HOA

What's special

New electrical

Here's a great opportunity at an investment property under $150K!! Take it over with a built-in revenue stream, OR - Live in one unit for free while renting out the other. Plenty of options with this duplex in the heart of Reed City. Lots of recent improvements and upgrades have been made, including new electrical, appliances, water heater, and more. Check it out today, it won't last long at this price!

3 days

534

19

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air

Features

Basement: Michigan Basement

Interior area

Total interior livable area: 2,016 sqft

Property

Parking

Total spaces: 2

Lot

Size: 9,147.6 Square Feet
Dimensions: 83 x 112

Details

Parcel number: 5211800700

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding, Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Reed City

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $62,289
Annual tax amount: $3,744
Date on market: 3/4/2026
Listing terms: VA Loan,FHA,Cash,Conventional
Tenant pays: None
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$139,900

$120,000 - $159,000

$739/mo

Price history

Date	Event	Price
3/4/2026	Listed for sale	$149,900+42.8%$74/sqft
Source: MichRIC #26008005 Report a problem
10/7/2024	Listing removed	$850
Source: Zillow Rentals Report a problem
9/29/2024	Listed for rent	$850
Source: Zillow Rentals Report a problem
9/19/2024	Listing removed	$850-10.5%
Source: Zillow Rentals Report a problem
8/12/2024	Listed for rent	$950
Source: Zillow Rentals Report a problem
2/26/2023	Listing removed	--
Source: Zillow Rentals Report a problem
2/14/2023	Listed for rent	$950
Source: Zillow Rentals Report a problem
12/30/2021	Sold	$105,000+6.1%$52/sqft
Source: MichRIC #21118379 Report a problem
12/29/2021	Pending sale	$99,000$49/sqft
Source: MichRIC #21118379 Report a problem
12/15/2021	Listed for sale	$99,000+23.8%$49/sqft
Source: MichRIC #21118379 Report a problem
5/24/2019	Sold	$80,000-10.1%$40/sqft
Source: MichRIC #19011642 Report a problem
4/10/2019	Pending sale	$89,000$44/sqft
Source: CENTURY 21 Forward Realty, Inc. #19011642 Report a problem
3/29/2019	Listed for sale	$89,000+173.8%$44/sqft
Source: Century 21 Forward (RC) #19011642 Report a problem
5/22/2018	Sold	$32,500$16/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,605 +5.8%	$80,200 +11.7%
2024	$3,406 0%	$71,800 +16.7%
2023	$3,407 +7.2%	$61,500 +12.2%
2022	$3,177	$54,800 +20.7%
2021	--	$45,400 +7.3%
2020	--	$42,300 -1.4%
2019	--	$42,900 +10%
2018	--	$39,000 +13.4%
2017	--	$34,400 +18.6%
2016	--	$29,000 +5.1%
2015	--	$27,600 -2.1%
2014	--	$28,200
2013	--	--
2012	--	$27,000 -12.1%
2011	--	$30,700 -10.5%
2010	--	$34,300