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$350,300

  • For Sale
  • Active
  • Single Family
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Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.

Full Property Details for 500 River St

General

  • Price: $350,300
  • Taxes: $2,064
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25059338
  • Updated: 11/20/2025
  • Added to Site: 82 day(s) ago

Parking

  • Total Spaces: 5
  • Parking Features: Concrete, Driveway

Location

  • Area: St. Joseph County - J
  • County: St. Joseph
  • Cross Streets: S Main St and Mechanic
  • Driving Directions: Take S Main St to River St. Property sits adjacent to the River.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiant

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available, Phone Connected, Electricity Connected, Cable Connected

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,996
  • Lot Dimensions: 90 x 150
  • Frontage: Paved
  • Zoning: Residential

Water Features

  • Water Front: Yes
  • Water Front Desc.: River

Financial Considerations

  • Tax Amount: $2,064.6
  • Terms: Cash, Conventional
  • Landlord Pays: Water, Sewer
  • Tenant Pays: Electricity

Disclosures and Reports

  • Legal Description: COM 342 FT E OF INT S MAIN ST & RIVER ST TH E 150 FT ALG RIVER ST TH N TO RIVER TH WLY ALG RIVER TO PT DUE N OF POB TH S TO POB. BEING PT OF LOT 17 BLK 1 FLINTS ADD CITY OF THREE RIVERS.
  • Property ID: 051 230 018 01

Listed by Michigan Top Producers, Kascee Wyatt

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Listing agent

— 500 River St —

  • Kascee Wyatt

    Michigan Top Producers

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 500 River St

School District:Three Rivers Community Schools
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 500 River St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Listed
$350,300
100.29%
MLS
9/30/2021
Sold
$174,900
—
Public Record
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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 for 500 River St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,021
5%
$109,000
137%
2023
$1,925
5%
$46,000
8%
2022
$1,833
—
$42,400
47%
2022
$1,833
6%
$28,800
6%
2021
$1,726
-8%
$27,100
-10%
2020
$1,871
2%
$30,000
4%
2019
$1,836
-1%
$28,800
-17%
2018
$1,857
—
$34,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Michigan Top Producers, Kascee Wyatt

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500 River Street, Three Rivers, MI 49093 (MLS# 25059338) is a Single Family property with 0 bedrooms and 0 full bathrooms. 500 River Street is currently listed for $350,300 and was received on November 20, 2025. Want to learn more about 500 River Street? Do you have questions about finding other Single Family real estate for sale in Three Rivers? You can browse all Three Rivers real estate or contact a Coldwell Banker agent to request more information.

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