143 Floral Avenue, Plainwell, MI 49080
- $225,000
- Sold Price
- $225,000
- List Price
- $249,999
- Closing Date
- Jun 23, 2026
- Days on Market
- 68
- MLS#
- 26012929
- Status
- SOLD
- Type
- Multifamily
Property Description
Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases. Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy. Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways. This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.
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Additional Information
- Owner Pays
- None
- Taxes
- $6,067
- Acres
- 0.32
- Basement
- Crawl Space
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Plainwell
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Total Parking Spaces
- 4
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Will Howson from Listing Office: Coldwell Banker Realty.
Selling Agent: Selling Office: .
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