Megan Koch Real Estate Agent

143 Floral Avenue, Plainwell, MI 49080

$264,888
  • 143 Floral Avenue, Plainwell, MI 49080 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#26012929
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLPlainwell

Property Description

Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases.Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy.Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways.This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.

143 Floral Avenue | MLS# 26012929

This multi-family property located at 143 Floral Avenue, Plainwell, MI 49080 is currently listed for sale with an asking price of $264,888. Floral Avenue is located within the Plainwell school district. Search Plainwell real estate on www.buysellwithmegankochnow.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: None
Heating: Forced Air
Lot Size: 0.32 Acres
Roof Type: Composition
Taxes: $6,067
Year Built: 1980

Feature Descriptions

Exterior: Vinyl Siding
Lot: Level, Corner Lot
Lot Dimensions: 117*120
Owner Pays: None
Parcel Number: 55-300-003-00
Parking: Unpaved
Parking Total: 4
Road Surface: Paved
Sewer: Public Sewer
Sub Type: 2 to 4 Units
Tenant Pays: Electric, Water, Trash, Sewer, Gas
Units: 2
Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

Local Schools

School District: Plainwell

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 269-469-3950
Agent Name: Will Howson

agent picture

Shown By

Agent Name: Megan Koch Real Estate Agent
Agent Phone: (517) 775-6261
Agency Title: Key Realty

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 04/01/2026.

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Estimated Payment

$ 2,064.55 per month $1,481.71 Principal & Interest $505.58 Property Tax $77.26 Homeowner's Insurance

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