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Three Rivers 49093
906 Seventh Street
$195,000
● House - Off Market

906 Seventh Street

Three Rivers, MI 49093
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,240 Ft²
$1,082
Est. Monthly
7.47%
Cap Rate

About This Property

BACK ON THE MARKET AT NO FAULT OF THE SELLER!  Buyer could not meet the contingency  and that opens it back up for YOU!  Wonderful 3 bedroom family home that is move in ready!  Lots of updates so you will have peace of mind for years to come.  In the last few years the home has had the following updates: roof, windows, siding, electrical, plumbing, blown insulation along with a new kitchen and 2 new bathrooms, all appliances stay.  The backyard is fully fenced for your pets or young children and an additional side yard for extra space. 1 car detached garage as well as a basement for extra storage.  Come check out this home today!
Unit Size
1,240 Ft²
Days on Market
55 days
Land Size
0.28 acres
Price per sqft
$157
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1928

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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: 11 months ago (MichRIC MLS #25042026)

Price History

Date / Event Date Event Price
Dec 19, 2025 Sold
Premium
Sold
Nov 20, 2025 In contract -
In contract
Oct 30, 2025 Price Decreased $195,000
↓ $5K (2.5%)
Price Decreased
Oct 26, 2025 Relisted $199,900
Relisted
Sep 8, 2025 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 4
  • 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: 480
  • Garage Type: 7
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • 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: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LOTS 8-9 BLK 52 VIL OF LOCKPORT CITY 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: 051-245-176-00
  • Block: 52
  • Lot: 8-9
  • Municipality: THREE RIVERS CITY
  • Latitude: 41.9339
  • Longitude: -85.6255

    Address

  • Full Address: 906 7th St
  • Address - House Number: 906
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: MI
  • City Name: Three Rivers
  • Carrier Code: C002
  • 4-Digit Zip Code: 1706
  • Zip Code: 49093

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $93,565

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 102,754
  • High Value: 131,335
  • Low Value: 74,173

    Market Valuation

  • Market Total Value: $70,000
  • Market Land Value: $9,000
  • Market Improvement Value: $61,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $30,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 19, 2020
  • Previous Sale Contract Date: Feb 06, 2020
  • Previous Sale Amount: $56,250
  • Previous Sale Document Type: 64
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

Click here to view more rentals in the neighborhood.
MichRIC

Listed by: Rachel Hahn Elevate Team, Michigan Top Producers
Last Updated: 11 months ago
Data Source: MichRIC, MLS# 25042026
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 906 7th Street built and last sold?
The property at 906 7th Street was built in 1928 and last sold on May 20, 2020 for $69,500.
How much is this home worth?
The estimated value of the home located at 906 7th Street is $0.
What are some comparable homes to 906 7th Street?
There are currently no comparable homes to 906 7th Street.
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