$249,999
0.32 Acre Lot

143 Floral Avenue, Plainwell, Michigan 49080

  • Multi Family Property Type
  • Unpaved Cars Garage
  • 1980 Year Built
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.

Basic Details
Multi Family
For Sale
26012929
$249,999
1980
0.32 Acre
Pending
2 to 4 Units
: Composition
Features
: Forced Air
: None
: Crawl Space
: Unpaved
: Public Sewer
: Natural Gas Available, Natural Gas Connected, Cable Connected, Cable Available, Phone Available, Electricity Available, Electricity Connected
Address Map
MI
Allegan
Plainwell
49080
Floral
143
Avenue
W86° 21' 54.2''
N42° 26' 39.8''
From US-131 & M-89, head east on M-89, then north on Floral Ave to property on the corner.
Neighborhood
Plainwell
Additional information
Coldwell Banker Realty
Will Howson
Additional Information
: Vinyl Siding
: Corner Lot, Level
117*120
2
2026-04-01
Financial
6067.0
Listing Information
k387256
k1838
VA Loan, FHA, Cash, Conventional
Pending
2026-06-15T23:55:12Z
MICHRIC
2026-06-15T23:54:24Z
Agent info
6231 W River Dr NE STE K, Belmont, MI 49306
Contact Agent