80619 Main Street, Memphis, Michigan 48041

$250,000

Property Details

MLS#: 20261036569
Bedrooms: N/A
Bathrooms: 4
Square Feet: 3,794
Price per Sqft: $66
Lot Size: 0.51 acres
Year Built: 1892
Property Type: ResidentialIncome
Status: Active
Days on Market: 1

Description

Great investment opportunity to own a fourplex with strong income potential! This fourplex features two 2-bedroom units and two 1-bedroom units, with two units currently occupied—one renting for $950/month (lower 2 bedroom) and one for $750/month (upper 1 bedroom), both with recently renewed leases. Projected total rental income is approximately $3,400 per month when fully occupied. Each unit is separately metered for electricity, with tenants paying their own utilities, and water is included in rent. Upstairs units offer private balconies, adding tenant appeal. There is a basement with laundry hookups available, along with a rear parking area for tenants. New soffits and gutters (2025). An additional lot behind the parking area provides the opportunity to split and sell or build another home, offering added value and future upside to buyers!

Location

This property is located in Memphis, Michigan. Memphis is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 80619 Main Street?

80619 Main Street is listed at $250,000, or $66 per square foot.

How many bedrooms does 80619 Main Street have?

This property has N/A bedrooms and 4 bathrooms, with 3,794 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com