Great investment opportunity with upside potential! This former 3-unit is currently configured as a 2-unit with a large 5-bed, 2-bath unit and a 1-bed, 1-bath basement unit. The main unit rents for $1,700/month, with additional income potential from the lower unit. Month-to-month tenants, fenced backyard, multiple electric meters, and value-add potential make this a strong opportunity for investors.
For sale
Price cut: $11K (4/6)
$199,000
123 S Cayuga St, Buchanan, MI 49107
6beds
2,624sqft
Est.:
Single Family Residence
Built in 1946
7,840.8 Square Feet Lot
$194,500 Zestimate®
$76/sqft
$-- HOA
What's special
Fenced backyard
- 33 days |
- 1,124 |
- 45 |
Zillow last checked:
Listing updated:
Listed by:
Troy Schearer 989-708-2430,
JPAR - Great Lakes Bay Region 989-349-3039
Source: MiRealSource,MLS#: 50201545
Originating MLS: Saginaw Board of REALTORS
Originating MLS: Saginaw Board of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Level: Entry
- Area: 0
- Dimensions: 0 x 0
Bedroom 1
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom 2
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom 3
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom 4
- Level: Second
- Area: 0
- Dimensions: 0 x 0
Bedroom 5
- Level: Entry
- Area: 0
- Dimensions: 0 x 0
Bathroom 1
- Level: Second
Bathroom 2
- Level: Second
Bathroom 3
- Level: Entry
Kitchen
- Area: 0
- Dimensions: 0 x 0
Heating
- Boiler, Natural Gas
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 3,848
- Total interior livable area: 2,624 sqft
- Finished area above ground: 1,924
- Finished area below ground: 700
Property
Features
- Levels: Two
- Stories: 2
- Frontage type: Road
- Frontage length: 60
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 7928
Details
- Parcel number: 115830500043004
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: High School Add To City Of Buchanan
HOA
- Has HOA: No
Location
- Region: Buchanan
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $172,800
- Annual tax amount: $1,899
- Date on market: 3/13/2026
- Cumulative days on market: 34 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$194,500
$185,000 - $204,000
$2,930/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Price change | $199,000-5.2%$76/sqft |
Source:  MiRealSource #50201545 Report a problem | ||
| 3/23/2026 | Price change | $210,000-8.7%$80/sqft |
Source: MiRealSource #50201545 Report a problem | ||
| 3/13/2026 | Listed for sale | $230,000+119%$88/sqft |
Source: MiRealSource #50201545 Report a problem | ||
| 9/7/2017 | Listing removed | $105,000$40/sqft |
Source: RE/MAX Modern Realty #17010267 Report a problem | ||
| 7/26/2017 | Price change | $105,000-4.5%$40/sqft |
Source: RE/MAX Modern Realty #17010267 Report a problem | ||
| 5/10/2017 | Price change | $110,000-4.3%$42/sqft |
Source: RE/MAX Modern Realty #17010267 Report a problem | ||
| 3/15/2017 | Listed for sale | $115,000+16.2%$44/sqft |
Source: RE/MAX Modern Realty, Inc. #17010267 Report a problem | ||
| 8/11/2015 | Listing removed | $99,000$38/sqft |
Source: Realty Executives Pro Brokers #15035990 Report a problem | ||
| 7/7/2015 | Listed for sale | $99,000+10%$38/sqft |
Source: Realty Executives Pro Brokers #15035990 Report a problem | ||
| 8/8/2006 | Sold | $90,000$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,898 +6.5% | $86,400 +3.6% |
| 2024 | $1,782 | $83,400 +14.1% |
| 2023 | -- | $73,100 +12.1% |
| 2022 | $1,743 | $65,200 +8.5% |
| 2021 | -- | $60,100 -1% |
| 2020 | $1,873 +1.5% | $60,700 +11% |
| 2019 | $1,846 +2.1% | $54,700 +29% |
| 2018 | $1,809 +0.7% | $42,400 -0.7% |
| 2017 | $1,796 -9.6% | $42,700 +3.6% |
| 2016 | $1,986 +11.2% | $41,200 +2.7% |
| 2015 | $1,785 | $40,100 +1.5% |
| 2014 | -- | $39,500 +6.8% |
| 2013 | -- | $37,000 -5.9% |
| 2012 | -- | $39,300 -17.8% |
| 2011 | -- | $47,800 +2.6% |
| 2010 | -- | $46,600 -3.1% |
| 2009 | -- | $48,100 +1.7% |
| 2008 | -- | $47,300 +3.3% |
| 2007 | -- | $45,800 -1.5% |
| 2006 | -- | $46,500 +3.6% |
| 2005 | -- | $44,900 +3.7% |
| 2004 | -- | $43,300 +10.7% |
| 2003 | -- | $39,100 -0.3% |
| 2002 | -- | $39,233 +2.8% |
| 2001 | -- | $38,170 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,222/mo
Principal & interest
$1040
Property taxes
$182
More affordability tools
Climate risks
Neighborhood: 49107
Nearby schools
GreatSchools rating
- NAOttawa Elementary SchoolGrades: PK-1Distance: 0.4 mi
- 7/10Buchanan High SchoolGrades: 8-12Distance: 0.6 mi
- 5/10Moccasin Elementary SchoolGrades: 2-4Distance: 0.6 mi
Schools provided by the listing agent
- District: Buchanan Community School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Berrien County
- Buchanan
- 49107
- 123 S Cayuga St
Nearby cities
Nearby zip codes
Other Buchanan Topics
