314 Eastman Avenue, Midland, MI 48460
Local realty services provided by:CENTURY 21 Signature Realty
314 Eastman Avenue,Midland, MI 48460
$845,000
- 10 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: gretchen witherspoon
Office: trademark commercial group
MLS#:50217437
Source:MI_MBOR
Price summary
- Price:$845,000
About this home
PACKAGE OF (4) LEASED INVESTMENT PROPERTIES NOW REDUCED!! $845,000 7.5 % CAP RATE! FOR SALE: (4) LEASED MULTIFAM/COMMERCIAL INVESTMENT PROPERTIES! CALL BROKER FOR ALL THE DETAILS AND FOR THE MARKETING BROCHURE. PLEASE DO NOT APPROACH TENANTS! There are (4) addresses for this package sale. All properties to be sold together- no separate sales! 314 Eastman- Zoning Office Service (office on street level- apartment upper level, 507 W. Buttles (RES Duplex but currently used as a single fam residence- Zoning Office Service), 501 W. Buttles (RES Duplex but currently used as single fam residence- Zoning Office Service), 421 W. Buttles (RES Duplex- used as Single fam home- Zoning Office Service). All are currently leased! Keep the revenue of the leases while you wait for redevelopment opportunities in Downtown Midland- Great location!! Highly visible Investment as you travel down M-20 (BUTTLES) to the downtown area where the Dow Diamond is located, East End, several offices, retail and multiple restaurants, including the ZINC CAFE and the H Hotel, upscale dining and accommodations which is just around the corner from this Investment. Note on the opposite end of the street where Buttles and Jerome meet there is a very popular gas station- see additional details for potential redevelopment of the downtown area. INVESTORS: CAP RATE IS 7.5% Great location! Well maintained! All are leased now, they all have been consistently leased through the many, many years the owners have had the properties. Upside potentials, Call Trademark Commercial at 989-792-6400 for additional details.. Thank you!...
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Home facts
- Year built:1960
- Subdivision & Development:UNK
- Listing ID #:50217437
- Added:8 day(s) ago
- Updated:August 13, 2026 at 03:39 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1960
- Lot area:0.46 Acres
- Construction Materials:Vinyl Siding
- Foundation Description:Basement
- Levels:1.5 Story
Utilities
- Water:Public Water
- Sewer:Public Sanitary
Finances and disclosures
- Price:$845,000
- Tax amount:$3,000
Parking
- Parking description:1 Car Garage, Detached Garage
- Garage spaces:1
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