MLS # 25036929 (Michigan Regional Information Center (MichRIC))

Excellent investment opportunity. Newly sided ranch duplex - two condominium units both with 2 beds and 1 bath with separate tax codes. Located in a quiet, wooded ravine setting between St. Joseph and Stevensville, these properties offer strong rental potential and long-term value. Each unit has separate meters for electric and water/sewer, and individual garages. The monthly association fee is $50 per unit ($100 per building) and covers fire/dwelling insurance. Current rents are substantially below market value. This is a rare chance to invest in a peaceful location with steady income and room for value growth. 3 duplexes available at below market prices. Pricing reflects conditions.
Source: SparkMLS
Final sale price: $224,382.
Property tax estimate: $2,888 per year ($241/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by Indiana Michigan Power Company; natural gas by Michigan Gas Utilities Corporation.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
UNIT 9 HICKORY RIDGE CONDOMINIUMS BLDG E LIBER 32 PAGE 1 UNIT 10 HICKORY RIDGE CONDOMINIUMS BLDG E LIBER 32 PAGE 1
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ryan F Katowich
Realty Executives Instant Equity
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
2 Gbps
Upload
250 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
3935 3937 Reinhardt Drive, Stevensville, MI 49127
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Municipality
Lincoln Township
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