Address
400 La Salle Avenue, St. Joseph, MI
Price
$ 299,900
Property Attributes
  • MLS#26032334
  • TypeMulti-Family
  • Listing Status Active Backup
  • CountyBERRIEN
  • CitySt. Joseph
  • AreaSt. Joseph City
  • NeighborhoodSt. Joseph City
  • Zip49085
  • Style2 to 4 Units
  • Year Built1910
  • Taxes$ 4954
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.21 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.

Price History
6/26/2026 Listed $299,900

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Utilities Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Block,Other
Year Built 1910
Tenant Pays Electric
Township St. Joseph City
Property Subtype 2 to 4 Units
Tax Year 2024
Gross Income 30300.0
OwnerPays Water,Gas
County Berrien
Insurance Expense 1396.0
New Construction No
Property Type Multi Family
Attached Garage No
MaintenanceExpense 1000.0
Status Active Backup
Directions From downtown St. Joseph: South on Lakeshore Drive (Red Arrow) La Salle on the east side of road. Property is the first driveway on the south side of La Salle.
City St. Joseph
High School District St. Joseph
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 9121.0
Listing Terms FHA,Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 4954.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active Under Contract
Tax Assessed Value 87196
MobileHomeRemainsYN No
Legal Description LOTS 52 & 53 WILKINSON & BURKHARDS ADD TO CITY OF ST JOSEPH ALSO THAT PT OF VAC 14' ALLEY S OF SD PROPERTY PER 958/1033
Senior Community None

Interior Features

Basement Full
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features In Basement

Exterior Features

Parking Features Concrete,Driveway
Lot Features Sidewalk
Total Parking 3.0
Lot Size Area 0.21
Number of Buildings 1
Spa No
Lot Dimensions 80 x 114
Lot Size Acres 0.21
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49085

Price
AVG $400K
$300K
Taxes
AVG $6,200
$4,954
Year Built
AVG 1916
1910