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Dowagiac 49047
217 Andrew Street
$50,000
● House - Off Market

217 Andrew Street

Dowagiac, MI 49047
bedrooms
2 Beds
bathrooms
1 Bath
square feet
760 Ft²
$425
Est. Monthly

About This Property

Calling all investors! Exceptional opportunity with two homes plus a detached 2-car garage on one parcel AND an adjacent vacant lot included. Being sold AS-IS, this package offers the potential for multiple income streams or future development. 215 Andrew St features 2 bedrooms/1 bath, while 217 Andrew St is in need of significant renovations. Don't miss this rare, multi-parcel investment chance!
Unit Size
760 Ft²
Days on Market
83 days
Land Size
0.35 acres
Price per sqft
$79
Property Type
House
Property Taxes
$130
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (MichRIC MLS #25062376)

Price History

Date / Event Date Event Price
Mar 12, 2026 Sold
Premium
Sold
Feb 28, 2026 In contract -
In contract
Dec 19, 2025 Listed by @properties Christie's Intl RE $59,900
Listed by @properties Christie's Intl RE

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORBES ADD
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: . DW 726 LOTS 86 & 87 FORBES ADD CITY OF DOWAGIAC.

Neighborhood

  • School District Name: Dowagiac Union Schools
  • School Tax School District: DOWAGIAC UNION
  • Census Tract: 002201

Geography

  • District: 160
  • Parcel: 14-160-100-444-00
  • Lot: 86-87
  • Municipality: DOWAGIAC CITY
  • Latitude: 41.9745
  • Longitude: -86.1192

    Address

  • Full Address: 217 Andrew St
  • Address - House Number: 217
  • Address - Street Name: Andrew
  • Address - Suffix Type: St
  • State: MI
  • City Name: Dowagiac
  • Carrier Code: C002
  • 4-Digit Zip Code: 1809
  • Zip Code: 49047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $64,474

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 46
  • Final Value: 124,111
  • High Value: 157,264
  • Low Value: 90,957

    Market Valuation

  • Market Total Value: $88,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,100
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dowagiac

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1331 ft²

Average Home Age

84.9 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 105 Beeson Street, Dowagiac, MI, 49047

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 3,542 ft²
105 Beeson Street #C, Dowagiac, MI, 49047 Listing by Matthew Money

Rentals Near You

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Shelly Myers, @properties Christie's Intl RE
Last Updated: 8 months ago
Data Source: MichRIC, MLS# 25062376
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 217 Andrew Street built and last sold?
The property at 217 Andrew Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 217 Andrew Street is $63,923.
What are some comparable homes to 217 Andrew Street?
There are currently no comparable homes to 217 Andrew Street.
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