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Bangor 49013
615 Alexander Street
$160,000
● House - Off Market

615 Alexander Street

Bangor, MI 49013
bedrooms
2 Beds
bathrooms
1 Bath
square feet
775 Ft²
$927
Est. Monthly
7.52%
Cap Rate

About This Property

This thoughtfully updated two-bedroom bungalow is perfect for both investors and buyers looking for a move-in ready home. Featuring an updated kitchen with new Whirlpool appliances, including a dishwasher and large side-by-side refrigerator, this home offers convenience and style. The extra-deep attached garage includes a bonus storage room with direct access to a fully fenced backyard-ideal for outdoor activities and privacy. Enjoy the unbeatable location, just a short walk or bike ride from downtown Bangor and only 10 miles from the shores of Lake Michigan. Whether you're looking for a smart investment or a cozy home, this property checks all the boxes! Don't miss out-this home is priced to sell quickly so schedule a showing today and see all this home has to offer.
Unit Size
775 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$213
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MichRIC MLS #24063986)

Price History

Date / Event Date Event Price
Mar 25, 2025 Sold
Premium
Sold
Jan 27, 2025 In contract -
In contract
Dec 27, 2024 Listed by Coldwell Banker Woodland Schmidt $164,900
Listed by Coldwell Banker Woodland Schmidt
Sep 16, 2009 Sold
Premium
Sold
Aug 14, 2007 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 438
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,795
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 530
  • Total Building Area: 783
  • Building Area: 783
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 783
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF SOUTH BANGOR
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 940 2-16 752-714 1051-492 1488-102 1524-33 * LOT 159. EXCEPT N 13 FT THEREOF. A. H. MORRISONS MAP OF THE CITY OF SOUTH

Neighborhood

  • School District Name: Bangor Public Schools
  • School Tax School District: BANGOR
  • Census Tract: 012001

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 940
  • District: 54
  • Parcel: 80-54-700-159-00
  • Lot: 159
  • Municipality: BANGOR CITY
  • Latitude: 42.3158
  • Longitude: -86.1175

    Address

  • Full Address: 615 Alexander St
  • Address - House Number: 615
  • Address - Street Name: Alexander
  • Address - Suffix Type: St
  • State: MI
  • City Name: Bangor
  • Carrier Code: C001
  • 4-Digit Zip Code: 1105
  • Zip Code: 49013

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,261
  • Tax Rate Code Area: 80540

    Appraisal Valuation

  • Standard Deviation: 0.3385
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 32
  • Final Value: 19,677
  • High Value: 26,339
  • Low Value: 13,014

    Market Valuation

  • Market Total Value: $50,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,400

    Sales

  • Current Sale Contract Date: Jul 28, 2009
  • Current Sale Recording Date: Sep 16, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 44
  • Previous Sale Recording Date: Aug 14, 2007
  • Previous Sale Contract Date: Aug 10, 2007
  • Previous Sale Amount: $22,900
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Bangor

Stats & Trends

Median Asking:

$199,950

Sale Price/ft²

$140

Below Asking

0.04%

Average Days on Market

58

Average Home Size

1234 ft²

Average Home Age

68.4 years

Currently For Sale

8 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: Adam Locker, Coldwell Banker Woodland Schmidt
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 24063986
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 615 Alexander Street built and last sold?
The property at 615 Alexander Street was built in 1930 and last sold on Jul 28, 2009 for $79,900.
How much is this home worth?
The estimated value of the home located at 615 Alexander Street is $0.
What are some comparable homes to 615 Alexander Street?
There are currently no comparable homes to 615 Alexander Street.
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