500 River St
Three Rivers, MI 49093
8 Beds
4 Baths
8 Beds
4 Baths
(on 0.48 acres)
Local Information
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Description
NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Home Highlights
Parking
5 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 500 River St
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MLS Status: Pending |
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Interior Details Basement: Slab |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Electricity Available, Phone Connected, Electricity Connected, Cable Connected |
Heating & Cooling Heating: RadiantNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Radiant |
Gas & Electric Has Electric on Property |
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Exterior Home Features Roof: Composition |
Parking & Garage Parking Spaces: 5Parking: Concrete,Driveway |
Frontage WaterfrontWaterfront: RiverRoad Surface Type: PavedOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 2 to 4 Units |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: 051 230 018 01 |
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Price List Price: $315,000 |
Status Change & Dates Off Market Date: Thu Jun 04 2026 |
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Direction & Address City: Three Rivers |
School Information High School District: Three Rivers |
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Listing Agent Listing ID: 25059338 |
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Lot Area: 0.48 acres |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Electricity |
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Owner Pays: Water, Sewer |
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Mls Number: 25059338 |
Last check for updates: about 11 hours ago
Listing courtesy of Kascee Wyatt, (517) 677-1789
Michigan Top Producers, (269) 659-2791
Source: MichRIC, MLS#25059338
Also Listed on MichRIC, Realcomp II.
Market trends in Three Rivers
Last updated April 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
59 6MoM
Price History for 500 River St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/05/2026 | $315,000 | Pending | MichRIC #25059338 |
| 04/22/2026 | $315,000 | PriceChange | MichRIC #25059338 |
| 11/20/2025 | $350,300 | Listed For Sale | MichRIC #25059338 |
| 10/19/2021 | $174,900 | Sold | N/A |
| 08/26/2021 | $100,000 | Listed For Sale | AAABOR #M21019877 |
| 07/30/2021 | ListingRemoved | Realcomp II #69021019877 | |
| 06/27/2021 | $180,000 | PendingToActive | MichRIC #21019877 |
| 06/18/2021 | $180,000 | Pending | MichRIC #21019877 |
| 05/29/2021 | $180,000 | Listed For Sale | MichRIC #21019877 |
| 05/14/2012 | $35,000 | Sold | N/A |
| 03/31/2010 | $38,500 | Sold | N/A |
| 06/18/2009 | $17,500 | Sold | N/A |
| 05/21/2008 | $129,902 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,001 |
| Assessment | $218,000 |
Home facts updated by county records
Comparable Sales for 500 River St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.69 | Multi-Family Home | $175,000 | 01/28/26 | 5 | 2 | 2,178 | |
0.79 | Multi-Family Home | $133,555 | 05/19/26 | 4 | 3 | - | |
0.65 | Multi-Family Home | $70,000 | 11/11/25 | 4 | 2 | 1,612 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
FOR SALENEW CONSTRUCTION0.31 ACRESChuck Jaqua, REALTOR
SOLDDEC 12, 2025RE/MAX Elite Group T.R.
OFF MARKETBerkshire Hathaway HomeServices Michigan Real Estate
FOR SALE0.44 ACRESChuck Jaqua, REALTOR
FOR SALENEW CONSTRUCTIONChuck Jaqua, REALTOR
Assigned Schools
These are the assigned schools for 500 River St.
- Ruth Hoppin School
- K-5
- Public
- 299 Students
7/10GreatSchools RatingParent Rating AverageOur experience has been nothing but positive. Teachers work well with my two kids with special medical needs. Parents are involved and the principal cares.Parent Review2y ago - Three Rivers High School
- 9-12
- Public
- 628 Students
8/10GreatSchools RatingParent Rating AverageWonderful school! The staff is dedicated to student success. I am proud to be a Wildcat!Teacher Review11y ago - Three Rivers Middle School
- 6-8
- Public
- 491 Students
5/10GreatSchools RatingParent Rating AverageComing in to this school this school year things have been ok? But I just need to get somethings adressedTeachers - most of these I feel like don't care about you , which is really discouraging at times.Racism - the open racism going on in my classes and in the hallways is wild to people saying "go back to the cotton field" and stuff and it's NEVER addressed even though teachers I don't know if they were hearing it as there's a lot of stuff happening but, still.Tardies - yeah I get there's consequences being late to class, but being set to the office to go pick up a tardy pass when you were about to go into the classroom with like 2 steps left and the bell ringing and the teacher saying "go to the office to go get a tardy pass". Maybe this annoys me more as my grade academic hall is a slight walk and most of the times I end up missing things. Safety- in the kindest way from people I've talked to, it seems like nothings done when something like bullying comes up and it just gets thrownOverall, in the three rives area this is a good school but I would rather go to another where I feel safe.Student Review1y ago 
Check out schools near 500 River St.
What Locals Say about Three Rivers
At least 79 Trulia users voted on each feature.
89 % Say parking is easy
89 % Say car is needed
88 % Say yards are well-kept
83 % Say it's dog friendly
74 % Say kids play outside
74 % Say there's holiday spirit
62 % Say there are sidewalks
59 % Say people would walk alone at night
57 % Say neighbors are friendly
55 % Say there's wildlife
51 % Say it's quiet
51 % Say it's walkable to restaurants
48 % Say they plan to stay for at least 5 years
45 % Say it's walkable to grocery stores
42 % Say streets are well-lit
22 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kascee Wyatt, Michigan Top Producers, (269) 659-2791
Agent Phone: (517) 677-1789
Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.
500 River St, Three Rivers, MI 49093 is a 8 bedroom, 4 bathroom multi-family built in 1972. This property is currently available for sale and was listed by MichRIC on Nov 20, 2025. The MLS # for this home is MLS# 25059338.