400 La Salle Avenue, St. Joseph, MI 49085
Berrien County
Key Facts
Description
Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1910
Lot Size
0.21 acres
Lot Dimensions
80 x 114
Parking Spaces
3
Days on Market
22
MLS® Listing#
26032334
Property Features
Cooling
Heating
Basement
Parking
Laundry
Construction
Roof
Community
Utilities
Sewer
Water Source
Schools
- District:
- St. Joseph
Financial Details
Annual Taxes
$4,954
Tax year 2024
Assessed Value
$87,196
Parcel Number
11-76-8550-0052-00-1
Directions
From downtown St. Joseph: South on Lakeshore Drive (Red Arrow) La Salle on the east side of road. Property is the first driveway on the south side of La Salle.
Affordability Calculator
$59,980
Estimated monthly payment
$1,596/mo
Principal $239,920 · Est. interest $334,710 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in St. Joseph, MI
- $319,545
- Median Listing Price
- 34
- Median Days on Market
- 1,743
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 483
- Active Listings
- This home’s price is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in St. Joseph, MI.
Location
Points of Interest in St. Joseph, MI
Showing the St. Joseph area map.
Nearby Schools
St Joseph High School
Secondary · 0.3 mi away
Lincoln Elementary School
Elementary · 0.7 mi away
Trinity Lutheran Church
School · 0.8 mi away
Trinity Lutheran School
School · 0.8 mi away
Our Lady of the Lake Catholic School
Secondary · 1.1 mi away
Fair Plain Northwest LRNG Academy
School · 1.5 mi away
Benton Harbor Area Schools
School · 1.6 mi away
Tri-County Head Start
School · 1.6 mi away
Fair Plain West Elementary School
Elementary · 1.7 mi away
St. Joseph Public Schools Foundation
School · 1.7 mi away
Benton Harbor Charter School Academy
School · 1.8 mi away
Bridge Academy of Southwest Michigan
School · 1.8 mi away
Benton Harbor High School
Secondary · 1.9 mi away
Dream Academy
School · 2.0 mi away
Mildred C. Wells Academy
School · 2.0 mi away
River of Life Christian School
School · 2.1 mi away
St Matthews Lutheran School
School · 2.1 mi away
Fair Plain Middle School
Secondary · 2.2 mi away
Calvin Britian Elementary School
Elementary · 2.2 mi away
Brown School
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 23831 Deziel Street, St Clair Shores City, MI | $209,999 | 3 | 2 | 1,323 |
| 21701 Sunnyside Street, St Clair Shores City, MI | $210,000 | 3 | 1 | 950 |
| 25515 Culver Street, St Clair Shores City, MI | $210,000 | 3 | 1 | 1,083 |
| 22943 Edgewood Street, St Clair Shores City, MI | $214,900 | 3 | 2 | 1,068 |
| 179 High Street, St. Ignace, MI | $215,000 | 4 | 2 | 1,822 |
| 28203 Florence Street, St Clair Shores City, MI | $217,500 | 3 | 2 | 1,311 |
Moving Cost Estimate
EXIT Agents in St. Joseph
Listing Courtesy: Realty Executives Instant Equity - 2699837721
Presented by: Matt Sieber