Sold
200 DEXTER Road, Eaton Rapids, MI 48827
Sold on 04/24/2026 for$190,722
MLS # 294638 (Greater Lansing Association of REALTORS®)
Built 18700.23 acres
1 / 29
Listing Description
This 4-unit investment property offers a fantastic opportunity in a prime location just steps from downtown Eaton Rapids. The building features a strong unit mix, including one spacious 2-bedroom, 1-bath apartment and three comfortable 1-bedroom, 1-bath units—ideal for steady rental income and broad tenant appeal. Situated on a large lot, the property provides ample off-street parking for tenants and guests, a rare and valuable feature. Residents will love the unbeatable walkability to downtown Eaton Rapids, with shops, dining, and local amenities right outside the door. Whether you're expanding your portfolio or just getting started in multifamily investing, this property combines location, functionality, and income potential in one attractive package. More interior photos to come., Architectural Style: Traditional
Source: SparkMLS
About this home
This 4-bath home built in 1870 sits in Eaton Rapids in Eaton Rapids.
Final sale price: $190,722.
Electric service is provided by City of Eaton Rapids; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.23 acres
Year Built1870
Location
CityEaton Rapids
MunicipalityEaton Rapids City
Zip Code48827
CountyEaton
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
UtilitiesCable Available
Sale & Financing
Listed3/23/2026
Sold Date4/23/2026
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by John Decker
DeLong and Co.
Frequently Asked Questions about 200 DEXTER Road, Eaton Rapids, MI 48827
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 200 DEXTER Road, Eaton Rapids, MI 48827 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 200 DEXTER Road, Eaton Rapids, MI 48827 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 200 DEXTER Road, Eaton Rapids, MI 48827?
Per Michigan Public Service Commission service territory data: Electric: City of Eaton Rapids. Gas: Consumers Energy Company. 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 Eaton Rapids City police department or the Eaton County sheriff's office.
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Monthly payment$1,362
Principal & interest$1,362
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
City of Eaton Rapids
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
200 DEXTER Road, Eaton Rapids, MI 48827
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Municipality
Eaton Rapids
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