Sold
15190 Leonard Road, Spring Lake, MI 49456
Sold on 05/15/2026 for$416,000
MLS # 26006463 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19200.46 acres
1 / 47
Listing Description
Live in one unit and let the others pay your mortgage - or add a turnkey income property to your portfolio. This well-maintained Spring Lake triplex easily produces $4,000/month in gross rents with tenants paying their own gas and electric, keeping operating costs low. Unit B is owner-occupied and can be available at closing, making this a rare opportunity to step into a primary residence with immediate income from day one. Recent capital improvements include new windows, sliders, HVAC, and appliances - meaning low near-term maintenance and a clean balance sheet from the start. All units have central air, access to a full basement with laundry, and separate metering. There's also space to add a detached garage if desired. Located in the Spring Lake school district, with easy access to commuter routes and the lakeshore. Call to Schedule Your Showing Today.
Source: SparkMLS
About this home
Closed at $416,000.
Estimated annual property tax: $3,132, or about $261 monthly. 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 Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.46 acres
Year Built1920
Location
CitySpring Lake
MunicipalitySpring Lake Twp
Zip Code49456
CountyOttawa
School DistrictSpring Lake
Construction & Systems
ConstructionVinyl Siding
BasementFull
HeatingForced Air
SewerPublic Sewer
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed3/17/2026
Sold Date5/14/2026
Original Price$479,900
Terms AcceptedCash, Conventional
Concessions$11,000
Source: SparkMLS
Tax Information
Annual Tax$3,132
Tax Year2025
State Equalized Value$81,600
Taxable Value$62,135
Assessed Value$62,135
Homestead (PRE)33%
Parcel #70-03-25-100-001
Source: Public Records
Legal Description
COM AT NW COR, TH E 108 FT, S 183 FT, W 108 FT, N 183 FT TO BEG, BEING PART OF GOV LOT 1 SEC 25 T8N R16W
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Traci Gresham
Five Star Real Estate-Holland
Frequently Asked Questions about 15190 Leonard Road, Spring Lake, MI 49456
Which school district serves 15190 Leonard Road, Spring Lake, MI 49456?
Per MLS# 26006463, 15190 Leonard Road, Spring Lake, MI 49456 is in the Spring Lake boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Spring Lake directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26006463, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 15190 Leonard Road, Spring Lake, MI 49456?
Per public tax records, annual property taxes for this property are $3,132 (2025). 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 15190 Leonard Road, Spring Lake, MI 49456 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 15190 Leonard Road, Spring Lake, MI 49456 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 15190 Leonard Road, Spring Lake, MI 49456?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public Sewer. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Spring Lake Twp police department or the Ottawa County sheriff's office.
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Monthly payment$2,757
Principal & interest$2,757
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
15190 Leonard Road, Spring Lake, MI 49456
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Municipality
Spring Lake Township
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