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301 Nicholas, 
Palmer, MI 49871

$325,000


8

Beds


4

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Adam Karki

Keller Williams First Up

906-273-1183

Last updated:

August 10, 2026, 10:21 AM

MLS#

50215315

Source:

MI REALSOURCE

About This Home

301 Nicholas

This well-maintained four-unit apartment building in Palmer offers a strong rental history and consistent occupancy, making it an attractive addition to an investment portfolio. Each unit features two bedrooms and one full bathroom, with recent updates to the bathrooms and flooring. All four units are currently occupied under year-long leases at $850 per month, with tenants responsible for their own electric service. A coin-operated laundry area in the basement provides added convenience, while indoor storage spaces offer tenants extra room for their belongings. Palmer is a small community known for its welcoming atmosphere and neighborly feel, while also offering convenient proximity to a major area employer. With steady income potential and practical tenant features, this fully occupied property presents an appealing investment opportunity with an established rental history.

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1965

Subdivision & Development:

N/A

Price Summary

325,000

MLS #:

50215315

Last Updated:

August 10, 2026, 10:21 AM

Added:

25 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Year Built:

1965


Lot

Lot Size (Sq. Ft):

11,325


Finances & Disclosures

Finances

Price:

$325,000

MLS Logo
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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.