Sold
228 N First Street, Cassopolis, MI 49031
Sold on 12/31/2025 for$130,000
MLS # 25040934 (Michigan Regional Information Center (MichRIC))
4 unitsBuilt 19500.21 acres
1 / 23
Listing Description
Do not miss out on this investment opportunity in Cassopolis. This property boast three apartments and one barbershop all with current tenants. Apartment one has an oversized master with a large living space and currently rents for 600. The back two apartments have two bedrooms and one bath and rent for 500. Owner pays for water and tenants pay for utilities. Front barbershop provides additional income potential. Don't miss this opportunity for steady income.
Source: SparkMLS
About this home
Final sale price: $130,000.
Property tax estimate: $1,806 per year ($151/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Indiana Michigan Power Company; natural gas by SEMCO Energy Gas Company. Fiber internet is available at this address with download speeds up to 8,000 Mbps across 8 providers.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.21 acres
Year Built1950
Location
CityCassopolis
MunicipalityCassopolis Vllg
Zip Code49031
CountyCass
School DistrictCassopolis Public Schools
Construction & Systems
ConstructionVinyl Siding
BasementPartial
HeatingForced Air
UtilitiesPhone Available, Cable Available, Natural Gas Connected, Electricity Connected
Sale & Financing
Listed8/12/2025
Sold Date12/30/2025
Original Price$200,000
Terms AcceptedFHA, Cash, Conventional
Concessions$3
Source: SparkMLS
Tax Information
Annual Tax$1,806
Tax Year2024
Assessed Value$30,250
Parcel #14-041-170-045-00
Source: SparkMLS
Legal Description
. V-636 LOT 45 FAIR GROUND HEIGHTS ADD VIL CASSOPOLIS.
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 AprilAnn M Romero
eXp Realty
Frequently Asked Questions about 228 N First Street, Cassopolis, MI 49031
Which school district serves 228 N First Street, Cassopolis, MI 49031?
Per MLS# 25040934, 228 N First Street, Cassopolis, MI 49031 is in the Cassopolis Public Schools boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Cassopolis Public Schools directly to confirm enrollment eligibility.
What financing options are available for 228 N First Street, Cassopolis, MI 49031?
Per MLS# 25040934, this listing accepts FHA, Cash, Conventional financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 228 N First Street, Cassopolis, MI 49031?
Per public tax records, annual property taxes for this property are $1,806 (2024). 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, 228 N First Street, Cassopolis, MI 49031 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 228 N First Street, Cassopolis, MI 49031 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 228 N First Street, Cassopolis, MI 49031. The maximum advertised download speed is 8.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 228 N First Street, Cassopolis, MI 49031?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: SEMCO Energy Gas 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 Cassopolis Vllg police department or the Cass County sheriff's office.
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Mortgage Calculator
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Monthly payment$1,038
Principal & interest$1,038
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Internet
FiberDownload
8 Gbps
Upload
8 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
Surf InternetFiber
8 GbpsXfinityCable
1.2 GbpsVerizonLicensed Fixed Wireless
300 MbpsStarlinkGSO Satellite
280 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsFrontierDSL
10 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Indiana Michigan Power Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
228 N First Street, Cassopolis, MI 49031
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Municipality
Cassopolis Village
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