For Sale
133 Niles Street, Lakeview, MI 48850
$180,000
MLS # 26029499 (Michigan Regional Information Center (MichRIC))
2 unitsBuilt 19770.28 acres
1 / 24
Listing Description
Great opportunity for an owner-occupant or investor! Side-by-side duplex featuring two 2 bed/1 bath identical units with tenants paying all utilities including water. Situated on a large lot with plenty of room to enjoy. One unit is occupied by a long-term tenant who would like to stay, providing immediate rental income. The second unit offers owner-occupancy potential or an opportunity for cosmetic updates to increase value and rental income. Almost $1,700/M in rent for both units. Vinyl siding, replacement windows, and one new water heater. Solid investment property with strong income potential and low-maintenance exterior. Add to your rental portfolio or live in one unit while the other helps pay the mortgage!
Source: SparkMLS
About this home
Asking $180,000.
Property tax estimate: $3,657 per year ($305/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.28 acres
Year Built1977
Location
CityLakeview
MunicipalityLakeviewVlg-Cato Twp
Zip Code48850
CountyMontcalm
School DistrictLakeview
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
HeatingForced Air
UtilitiesCable Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed6/14/2026
Terms AcceptedFHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,657
Tax Year2026
State Equalized Value$76,100
Taxable Value$76,100
Assessed Value$78,154
Parcel #042-329-004-00
Source: Public Records
Legal Description
725-9 329-004-00/1994 LOTS 4 & 5 OF BLK 29 EX BEG 84.43 FT S OF NW COR OF LOT 5 BLK 29; TH S 81 DEG 20' E 134.25 FT TO E LINE OF LOT 4, BLK 29; TH S ALONG E LINE OF LOT 4 TO SE COR OF SD LOT 4; TH SWLY TO SW COR OF SD LOT 5, TH N TO P OF BEG BLK 29, FRENCH'S SECOND ADDITION TO VILLAGE OF LAKEVIEW
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Allison V Koetsier
Compass Realty Services
Frequently Asked Questions about 133 Niles Street, Lakeview, MI 48850
What school district is 133 Niles Street, Lakeview, MI 48850 in?
Per MLS# 26029499, this property is served by Lakeview. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26029499, the seller has indicated this property accepts the following financing types: FHA, Cash, Conventional. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26029499, the most recent reported annual property tax for 133 Niles Street, Lakeview, MI 48850 is $3,657 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 133 Niles Street, Lakeview, MI 48850 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the LakeviewVlg-Cato Twp police department or the Montcalm County sheriff's office.
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Monthly payment$1,167
Principal & interest$1,167
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
133 Niles Street, Lakeview, MI 48850
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Municipality
Lakeview Village
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