For Sale
400 La Salle Avenue, St. Joseph, MI 49085
$299,900
MLS # 26032334 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19100.21 acres
1 / 25
Listing Description
Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Source: SparkMLS
About this home
Currently offered at $299,900.
Property tax estimate: $4,954 per year ($413/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 Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size0.21 acres
Year Built1910
Location
CitySt. Joseph
MunicipalitySt. Joseph City
Zip Code49085
CountyBerrien
School DistrictSt. Joseph
Construction & Systems
ConstructionBlock, Other
BasementFull
HeatingForced Air
SewerPublic Sewer
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Sale & Financing
Listed7/16/2026
Terms AcceptedFHA, Cash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$4,954
Tax Year2024
Assessed Value$87,196
Parcel #11-76-8550-0052-00-1
Source: SparkMLS
Legal Description
LOTS 52 & 53 WILKINSON & BURKHARDS ADD TO CITY OF ST JOSEPH ALSO THAT PT OF VAC 14' ALLEY S OF SD PROPERTY PER 958/1033
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Matt Sieber
Realty Executives Instant Equity
Frequently Asked Questions about 400 La Salle Avenue, St. Joseph, MI 49085
What school district is 400 La Salle Avenue, St. Joseph, MI 49085 in?
Per MLS# 26032334, this property is served by St. Joseph. 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# 26032334, 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# 26032334, the most recent reported annual property tax for 400 La Salle Avenue, St. Joseph, MI 49085 is $4,954 (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.
Is 400 La Salle Avenue, St. Joseph, MI 49085 eligible for USDA financing?
Per USDA Rural Development boundary data, 400 La Salle Avenue, St. Joseph, MI 49085 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 400 La Salle Avenue, St. Joseph, MI 49085 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Indiana Michigan Power Company. Gas: Michigan Gas Utilities Corporation. Sewer: Public Sewer. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the St. Joseph City police department or the Berrien County sheriff's office.
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Monthly payment$1,945
Principal & interest$1,945
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Indiana Michigan Power Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
400 La Salle Avenue, St. Joseph, MI 49085
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Municipality
St Joseph
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