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Three Rivers 49093
820 Elm Street
$160,000
● House - Off Market

820 Elm Street

Three Rivers, MI 49093
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,400 Ft²
$1,254
Est. Monthly
11.90%
Cap Rate

About This Property

A true diamond in the rough!  Opportunity for sweat equity at this 4 bedroom 2 bath home.  Home features wood and ceramic tile floors, built in book cases and cabinets, a sunroom, formal dining area and a full basement ready to be finished.  2 car garage, with a bonus area that would make a great work shop, rec room.  This will be an as is sale, Agents please review the agent remarks to submit an offer
Unit Size
2,400 Ft²
Days on Market
99 days
Land Size
0.37 acres
Price per sqft
$79
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1938

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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: 13 months ago (MichRIC MLS #25020170)

Price History

Date / Event Date Event Price
Aug 14, 2025 Sold
Premium
Sold
Jul 9, 2025 In contract -
In contract
May 7, 2025 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $189,000
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Sep 7, 2018 Sold
Premium
Sold
May 11, 2018 Listed by Berkshire Hathaway HomeServices Michigan Real Estate $180,000
Listed by Berkshire Hathaway HomeServices Michigan Real Estate
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 3
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,208
  • Garage Type: 7
  • Garage Square Area: 1,188
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 2,114
  • Building Area: 2,114
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,114
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CITY OF THREE RIVERS
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 37 & 38 EXC S 10 FT OF LOT 38 BONNIE CASTLE ADD. CITY OF THREE RIVERS.

Neighborhood

  • School District Name: Three Rivers Community Schools
  • School Tax School District: THREE RIVERS
  • Census Tract: 040100

Zoning

  • Zoning: R

Geography

  • District: 051
  • Parcel: 051-110-025-00
  • Lot: 37-38
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9557
  • Longitude: -85.6313

    Address

  • Full Address: 820 Elm St
  • Address - House Number: 820
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1302
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $245,057

    Appraisal Valuation

  • Standard Deviation: 0.2672
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 214,299
  • High Value: 271,560
  • Low Value: 157,038

    Market Valuation

  • Market Total Value: $202,400
  • Market Land Value: $10,800
  • Market Improvement Value: $191,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,200
  • Assessed Land Value: $5,400
  • Assessed Improvements Value: $95,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2018
  • Current Sale Recording Date: Sep 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 28, 2004
  • Previous Sale Contract Date: Aug 27, 2004
  • Previous Sale Amount: $165,000
  • 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

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MichRIC

Listed by: Mary K Rosenberry, Berkshire Hathaway HomeServices Michigan Real Estate
Last Updated: 13 months ago
Data Source: MichRIC, MLS# 25020170
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 820 Elm Street built and last sold?
The property at 820 Elm Street was built in 1938 and last sold on Aug 30, 2018 for $180,000.
How much is this home worth?
The estimated value of the home located at 820 Elm Street is $0.
What are some comparable homes to 820 Elm Street?
There are currently no comparable homes to 820 Elm Street.
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