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2862 Arlene, 
Indian River, MI 49749

$950,000

Bed


Bath


-

Sq Ft


Multi-Family

Active

231-238-9336

Last updated:

February 17, 2025, 03:45 PM

MLS#

201833217

Source:

MI WWBR

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About This Home
2862 Arlene

Fantastic investment opportunity with 10 apartment units! There are four 1-bedroom apartments and six 2-bedroom apartments, all with one full bathroom. The combination of location and amenities—being close to the Indian River, the North Central Trail system, and downtown Indian River—makes it very appealing. The apartment complex offers views of the Indian River Canal, which is a great selling point. Features of the apartments include a backdoor leading to a spacious backyard and an open floor plan. With passive income potential, it seems like a solid property for someone looking to invest in a growing area with a mix of outdoor activities and small-town charm. Located 1/2 mile north of Indian River, just east of Straits Highway, making travel easy for owner and tenant.

Home Facts

Multi-Family

Price Summary

950,000

MLS #:

201833217

Last Updated:

February 17, 2025, 03:45 PM


Structure
Structure

Architectural Style:

Ranch


Finances & Disclosures
Finances

Price:

$950,000

Source:MI WWBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Water Wonderland Board of REALTORS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © 2025 All rights reserved
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.