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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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143 Floral Ave , Plainwell, MI 49080
$249,999
Est. Payment: $1,287.37/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 68
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House 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.

Highlights

Listed by Will Howson , 269-615-5660 Coldwell Banker Realty , 269-469-3950. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.32

Year Built

1980

County

Allegan

School District

Plainwell

Listing ID

26012929

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Crawl Space

Exterior Features

Lot:Level,Corner Lot
Garage Capacity:4
Roof:Composition
Sewer:Public Sewer
Parking Features:Unpaved
Principal Interest
$1,287
Taxes
$506

Home Price

$249,999

Loan Details

30 yrs
6.676%

Down Payment

20%
$50,000
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Monthly Price:
$1,287.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,287.37 $505.58 $0.00 $1,792.95
Yearly $15,448.42 $6,067.00 $0.00 $21,515.42
Total $463,452.65 $182,010.00 $0.00 $645,462.65
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Plainwell, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

© 2026 MichRIC