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Three Rivers 49093
511 Eighth Street
$134,900
● House - Off Market

511 Eighth Street

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,363 Ft²
$134,059
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Pride of ownership is evident inthis home! Totally redone in the last several years. New roof, new siding, updated paint, updated vinyl plank flooring on the main floor. Updated kitchen with tin ceiling, updated bathroom & laundry room. This home offers you plenty of space for the whole family. The primary bedroom on the main floor has dual closets and the 2 bedrooms upstairs are generous sized. There is even a cute fininshed area that would make a great playroom, movie room or craft room. The covered front porch is very inviting and the enclosed porch is a great space to hang out in the evenings. The fully fenced in back yard is great for the 2 or 4 legged family members. All this at a terrific price! Call to schedule your private tour today! Don't miss out on this great find of a home!
Unit Size
1,363 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$99
Property Type
House
Property Taxes
$82
HOA Dues
-
Year Built
1890

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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: 3 years ago (MichRIC MLS #23031045)

Price History

Date / Event Date Event Price
Sep 29, 2023 Sold
Premium
Sold
Aug 22, 2023 Listed by HG Real Estate $134,900
Listed by HG Real Estate
Sep 20, 2017 Sold
Premium
Sold
Feb 27, 2009 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 888
  • Garage Type: 7
  • Garage Square Area: 168
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VIL OF LOCKPORT CITY
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOT 3 BLK 11 VIL OF LOCKPORTCITY OF 3 RIVERS.

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040200

Zoning

  • Zoning: R

Geography

  • District: 051
  • Parcel: 051-245-053-00
  • Block: 11
  • Lot: 3
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9377
  • Longitude: -85.625

    Address

  • Full Address: 511 8th St
  • Address - House Number: 511
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C004
  • 4-Digit Zip Code: 1608
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $61,252

    Appraisal Valuation

  • Standard Deviation: 0.359
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 28
  • Final Value: 28,467
  • High Value: 38,687
  • Low Value: 18,246

    Market Valuation

  • Market Total Value: $42,400
  • Market Land Value: $4,600
  • Market Improvement Value: $37,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,200
  • Assessed Land Value: $2,300
  • Assessed Improvements Value: $18,900

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Sep 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6985
  • Previous Sale Recording Date: Sep 20, 2017
  • Previous Sale Contract Date: Sep 19, 2017
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 71
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 Three Rivers

Stats & Trends

Median Asking:

$184,900

Sale Price/ft²

$134

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1969 ft²

Average Home Age

61.7 years

Currently For Sale

29 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

Rentals Near You

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MichRIC

Listed by: Garrett Hall, HG Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23031045
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 511 8th Street built and last sold?
The property at 511 8th Street was built in 1890 and last sold on Sep 27, 2023 for $134,900.
How much is this home worth?
The estimated value of the home located at 511 8th Street is $138,588.
What are some comparable homes to 511 8th Street?
There are currently no comparable homes to 511 8th Street.
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