$399,000

$1,900Reward *

213 Palmer Street, Rives Junction, MI 49277-9707Listing ID 70533977

213 Palmer Street, Rives Junction, MI 49277-9707

Active

Rives Twp (38013)

Time on site: 87 days • Last updated: May 22, 2026

Property Type

Residential Income

Property Sub Type

Acres

0.63

Days on Site

Heating

Forced Air

Year Built

1900

RURAL DUPLEX INVESTMENT WITH STRONG CASH FLOW AND SELLER LEASEBACK OPPORTUNITY - Turnkey rural duplex offering diversified rental income, outbuildings, and a built-in tenant via a sale-leaseback structure below current appraised value. This is a rare chance to acquire income-producing real estate with an agreed 36 month buy-back that targets a strong return on capital.Property And Unit Details Unit 1: Currently rented at $2,500 per month, featuring 4 bedrooms, 2 bathrooms, a finished basement, and an on-site pole barn for storage, vehicles, or equipment - ideal for an owner-occupant or high-quality long-term tenant. Unit 2: Currently rented at $650 per month, offering 2 bedrooms, 1 bathroom, and a kitchenette area, perfect for steady supplemental income or multi-generational living. Rural setting provides privacy and a country feel while still within reasonable access to nearby towns, services, and employment corridors. The seller is specifically seeking an investor to

Property Information

Property Details

Location

Address

213 Palmer Street

County

Jackson

City

Rives Junction

Zip Code

49277-9707

Subdivision

Rives Twp (38013)

School District

Northwest School District

MLS Area

Rives Twp (38013)

Listing provided by Coldwell Banker Beiswanger Realty Group, (517) 435-1500

Interior Features

Heating and Cooling

Heating

Forced Air

Building

Building Information

Year Built

1900

Construction

Brick, Vinyl Siding

Foundation

Basement

Property Taxes

Tax Annual Amount

$5,610

Tax Year

2025

Market Report for 49277-9707

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource

Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

MR76441