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Property view
Listing view 2

314 Eastman Avenue, 
Midland, MI 48460

$845,000

10

Beds

7

Baths

6,710

Sq Ft

Single Family

Active

Listed by

Gretchen Witherspoon

Trademark Commercial Group

989-792-6400

Last updated:

August 10, 2026, 01:57 AM

MLS#

50217428

Source:

MI MBOR

About This Home

314 Eastman Avenue

PACKAGE OF (4) LEASED INVESTMENT PROPERTIES NOW REDUCED!! $845,000 7.5% CAP RATE! FOR SALE: (4) LEASED MULTIFAM/COMMERCIAL INVESTMENT PROPERTIES! CALL BROKER FOR ALL THE DETAILS AND FOR THE MARKETING BROCHURE. PLEASE DO NOT APPROACH TENANTS! There are (4) addresses for this package sale. All properties to be sold together- no separate sales! 314 Eastman- Zoning Office Service (office on street level- apartment upper level, 507 W. Buttles (RES Duplex but currently used as a single fam residence- Zoning Office Service), 501 W. Buttles (RES Duplex but currently used as single fam residence- Zoning Office Service), 421 W. Buttles (RES Duplex- used as Single fam home- Zoning Office Service). All are currently leased! Keep the revenue of the leases while you wait for redevelopment opportunities in Downtown Midland- Great location!! Highly visible Investment as you travel down M-20 (BUTTLES) to the downtown area where the Dow Diamond is located, East End, several offices, retail and multiple restaurants, including the ZINC CAFE and the H Hotel, upscale dining and accommodations which is just around the corner from this Investment. Note on the opposite end of the street where Buttles and Jerome meet there is a very popular gas station- see additional details for potential redevelopment of the downtown area. NOTE: Information provided herein to be verified as the listing consists of 4 properties and therefore some info won't be accurate because this listing is asking for 1 property details, not 4. INVESTORS: CAP RATE IS 7.5% Great location! Well maintained! All are leased now, they all have been consistently leased through the many, many years the owners have had the properties. Upside potentials, Call Trademark Commercial at 989-792-6400 for additional details..

Home Facts

Single Family

7 Baths

10 Bedrooms

Built in 1960

Subdivision & Development:

UNK

Price Summary

845,000

$125 per Sq. Ft.

MLS #:

50217428

Last Updated:

August 10, 2026, 01:57 AM

Added:

6 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

5

Interior

Living Area:

6,710 Sq. Ft.

Structure

Structure

Building Area:

6,710 Sq. Ft.

Year Built:

1960

Lot

Lot Size (Sq. Ft):

20,037

Finances & Disclosures

Finances

Price:

$845,000

Price per Sq. Ft:

$125 per Sq. Ft.

Source:MI MBOR
The information being provided by Midland Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Midland Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.