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.
Sold
$200,000
416 River St, Three Rivers, MI 49093
8beds
4baths
--sqft
2 to 4 Units
Built in 1976
-- sqft lot
$200,100 Zestimate®
$--/sqft
$1,238 Estimated rent
Home value
$200,100
$182,000 - $220,000
$1,238/mo
Zestimate® history
Owner options
List your home for rent
$1,238/mo
Rent Zestimate®
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$1,238/mo
Rent Zestimate®
Refinance and save
$1,359/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,359/mo
Est. payment
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List your homeWhat's special
Direct river frontageScenic views
Zillow last checked:
Listing updated:
Listed by:
Kascee Wyatt Gateway/REAL/Mtp 517-677-1789,
Real Broker LLC
Bought with:
Kascee Wyatt Gateway/REAL/Mtp, 492500592
Real Broker LLC
Source: MichRIC,MLS#: 25059336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Radiant
Cooling
- None
Features
- Basement: Slab
Property
Parking
- Total spaces: 5
- Parking features: Asphalt, Driveway
Features
- On waterfront: Yes
- Waterfront features: River
Lot
- Size: 0.29 Acres
- Dimensions: 95 x 142
Details
- Parcel number: 051 230 018 02
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Electricity Connected
Community & HOA
Location
- Region: Three Rivers
Financial & listing details
- Tax assessed value: $35,123
- Annual tax amount: $2,215
- Date on market: 11/20/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $200,000-36.5% |
Source:  MichRIC #25059336 Report a problem | ||
| 6/5/2026 | Pending sale | $315,000 |
Source: MichRIC #25059336 Report a problem | ||
| 4/22/2026 | Price change | $315,000-10.1% |
Source: MichRIC #25059336 Report a problem | ||
| 11/20/2025 | Listed for sale | $350,300+100.3% |
Source: MichRIC #25059336 Report a problem | ||
| 10/19/2021 | Sold | $174,900+74.9% |
Source: Public Record Report a problem | ||
| 8/26/2021 | Listed for sale | $100,000+336.7% |
Source:  AAABOR #M21102029 Report a problem | ||
| 4/14/2010 | Sold | $22,900-53.7% |
Source: Public Record Report a problem | ||
| 4/27/2009 | Sold | $49,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,147 +5% | $106,300 +121.5% |
| 2024 | $2,045 +5% | $48,000 +8.6% |
| 2023 | $1,947 | $44,200 +43% |
| 2022 | -- | $30,900 +5.8% |
| 2021 | $1,842 | $29,200 -9% |
| 2020 | -- | $32,100 -15.7% |
| 2018 | -- | $38,100 +11.4% |
| 2017 | -- | $34,200 -2.6% |
| 2016 | -- | $35,100 -3.6% |
| 2015 | -- | $36,400 |
| 2014 | -- | $36,400 |
Find assessor info on the county website
Neighborhood: 49093
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Nearby schools
GreatSchools rating
- 7/10Ruth Hoppin SchoolGrades: K-5Distance: 0.8 mi
- 5/10Three Rivers Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10Three Rivers High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$200,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$200,100
- Michigan
- Saint Joseph County
- Three Rivers
- 49093
- 416 River St
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