This charming 4-unit building, located on a spacious lot in a desirable i location, offers a fantastic investment opportunity with all units currently occupied. The property features a well-maintained structure and provides a steady rental income. Residents enjoy the convenience of a dedicated parking lot, ensuring ample space for tenants and guests. Additionally, the property includes a garage for extra storage, adding extra value and appeal.
With its prime location, fully occupied units, and desirable amenities, this property is an ideal choice for investors seeking a stable income-generating asset in a thriving community.
Sold for $300,000 on 02/07/25
$300,000
232 State St, Eaton Rapids, MI 48827
--beds
0baths
--sqft
MultiFamily
Built in 1900
-- sqft lot
$242,600 Zestimate®
$--/sqft
$1,212 Estimated rent
Home value
$242,600
$201,000 - $284,000
$1,212/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2025 at 09:53am
Listed by:
Laura Ann DeLong 517-663-2710,
DeLong and Co.
Bought with:
Brian Kasper, 6501417604
Century 21 Affiliated
Source: Greater Lansing AOR,MLS#: 285785
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Natural Gas
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Basement: Concrete,Crawl Space
- Has fireplace: No
Interior area
- Finished area above ground: 4,505
Property
Parking
- Total spaces: 2
- Parking features: Outside
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.60 Acres
Details
- Parcel number: 2330005060203000
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
Materials
- Aluminum Siding
- Foundation: Block
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Eaton Rapids
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Listing removed | $1,000 |
Source: Zillow Rentals | ||
| 4/10/2025 | Listed for rent | $1,000 |
Source: Zillow Rentals | ||
| 2/7/2025 | Sold | $300,000 |
Source:  Greater Lansing AOR #285785 | ||
| 1/22/2025 | Pending sale | $300,000 |
Source: Greater Lansing AOR #285785 | ||
| 1/17/2025 | Listed for sale | $300,000+117.4% |
Source: Greater Lansing AOR #285785 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $125,400 +40.1% |
| 2021 | $3,631 +1.5% | $89,500 +9.5% |
| 2020 | $3,576 | $81,700 +10.1% |
Find assessor info on the county website
Neighborhood: 48827
Nearby schools
GreatSchools rating
- 8/10Lockwood Elementary SchoolGrades: PK-3Distance: 0.6 mi
- 5/10Eaton Rapids Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Eaton Rapids Senior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- High: Eaton Rapids
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$242,600
2% more+ $4,852
With Zillow Showcase(estimated)
$247,452