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$229,000 Just Listed
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Property Description
Great investment opportunity in quiet location next to the Post Office in downtown Gobles. Excellent cash flow opportunity with three 1-bedroom units that have split utilities, so the tenants pay gas and electric. Low maintenance with metal roof, vinyl siding, replacement windows, 3 new water heaters, furnace in unit 1 is 4 years old and the current owner has added a washer and dryer in each unit. Each unit has access to a deck to relax on and there is ample parking in front and in back.
Full Property Details
Full Property Details for 108 E Exchange St
General
- Price: $229,000
- Taxes: $3,277
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26051544
- Updated: 9/30/2026
- Added to Site: 4 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Total Spaces: 5
- Parking Features: Aggregate, Driveway
Location
- County: Van Buren
- Cross Streets: M 40 /E Exchange
- Driving Directions: M 40 to downtown Gobles then turn right on E Exchange property on right past Post Office.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Septic Tank
- Cable Available: Yes
- Utility Description: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Roof: Metal
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 5,847
- Lot Dimensions: 100 x 76
- Frontage: Paved
- Lot Features: Sidewalk, Corner Lot
Financial Considerations
- Tax Amount: $3,277
- Terms: VA Loan, FHA, Cash, Conventional
- Landlord Pays: Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Legal Description: 18-F4 30-1-13 612-153 1125-590 1171-356 1367-217 1710-506/7 1738-104/5 *** E 76 FT OF LOT 1. ALSO E 76 FT OF N 34 FT OF LOT 4. BLOCK 6 GOBLES ADDITION
- Property ID: 80-51-206-001-00
Listed by Real Broker LLC, Gary R LaDuke
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Schools
Schools serving 108 E Exchange St
School District:Gobles Public School District
| Name | Grades | Distance |
|---|---|---|
Gobles Elementary School 409 North State Street, Gobles, MI 49055 | K-5 | 0.3 mi |
Gobles Virtual Academy 409 North State Street, Gobles, MI 49055 | 6-12 | 0.3 mi |
Gobles High School 409 North State Street, Gobles, MI 49055 | 6-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 108 E Exchange St
Date
Details
Price
Change
Source
9/28/2026
Listed
$229,000
83.2%
MLS
5/11/2022
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 108 E Exchange St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,138
2%
$74,100
5%
2024
$3,086
39%
$70,400
21%
2020
$2,213
—
$58,000
36%
2020
$2,213
—
$42,700
5%
2020
$2,213
—
$40,700
23%
2020
$2,213
100%
$33,100
—
2020
100%
$33,100
3%
2019
100%
$32,200
—
2010
-100%
$32,200
-10%
2017
$924
19%
$35,800
5%
2015
$778
—
$34,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 108 E Exchange St
108 E Exchange Street, Gobles, MI 49055 (MLS# 26051544) is a Single Family property with 0 bedrooms and 0 full bathrooms. 108 E Exchange Street is currently listed for $229,000 and was received on September 28, 2026. Want to learn more about 108 E Exchange Street? Do you have questions about finding other Single Family real estate for sale in Gobles? You can browse all Gobles real estate or contact a Coldwell Banker agent to request more information.

