45 Fountain W, Battle Creek, MI 49037

Local realty services provided by:CENTURY 21 Northland
45 Fountain W,Battle Creek, MI 49037
$210,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: troy schearer
Office: jpar - great lakes bay region
MLS#:50208473
Source:MI_REALSOURCE

Price summary

  • Price:$210,000

About this home

Attention investors — this is the cash-flowing, value-add opportunity you've been waiting for. This fully occupied 4-unit apartment complex sits on two parcels (43 & 45 E Fountain) totaling approximately 4,300 sq ft and includes a bonus extra lot plus a 4-car garage with its own electric service. Owned by the same family for 16 years, this property has a proven rental history and long-term tenants — including one resident of 30+ years. The unit mix includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all currently leased month-to-month — giving your next buyer immediate flexibility to adjust rents, restructure leases, or reposition the asset. Current gross rents are $3,750/month ($45,000/year) and are already below market, with rents moving to $900–$1,150 per unit — meaning day-one upside is already built in. Each unit is separately heated with its own furnace. Tenants pay gas and electric; owner covers water only — keeping expenses lean. Annual property taxes are just...

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Home facts

  • Year built:1940
  • Listing ID #:50208473
  • Added:14 day(s) ago
  • Updated:May 30, 2026 at 10:18 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1940
  • Lot area:0.29 Acres
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$210,000
  • Tax amount:$3,480

Parking

  • Parking description:Detached Garage
  • Garage spaces:4