Sold

502 S EAST Street, Eaton Rapids, MI 48827

Sold on 02/20/2026 for$280,000

MLS # 293016 (Greater Lansing Association of REALTORS®)

Built 19640.38 acres

Listing Description

Great 4 unit income property. Easy to rent. All units occupied. Well maintained. Updates include newer roof, newer AC units and funaces. Tenants pay gas and electric bills. Showings to be proceeded by acceptable letter of intent or buy/sell agreement and pre-approval letter., Architectural Style: Ranch

Source: SparkMLS

About this home

This home sold for $280,000.

Electric service is provided by City of Eaton Rapids; natural gas by Consumers Energy Company.

Listing Property Details

Property TypeMulti Family

Bathrooms0

Lot Size0.38 acres

Year Built1964

Location

CityEaton Rapids

MunicipalityEaton Rapids City

Zip Code48827

CountyEaton

Construction & Systems

ConstructionBlock, Wood Siding

HeatingForced Air

Sale & Financing

Listed12/9/2025

Sold Date2/19/2026

Source: SparkMLS

Property Records

FEMA Flood Zone: Zone X — Minimal flood risk

Source: FEMA NFHL

USDA Rural Development: Eligible — 0% Down Payment Available

Verify eligibility at USDA

Listed by Douglas Eschtruth

RE/MAX Real Estate Professionals

Frequently Asked Questions about 502 S EAST Street, Eaton Rapids, MI 48827

Can I use a USDA Rural Development loan for this property?

Per USDA Rural Development boundary data, 502 S EAST Street, 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.

USDA Eligibility Map

Is 502 S EAST Street, 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.

FEMA Flood Map

What utilities serve 502 S EAST Street, 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.

City of Eaton Rapids Consumers Energy Company MI Public Service Commission

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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Purchase Price

Interest Rate

Loan Term

Annual Property Taxes

Annual Homeowner's Insurance

Monthly HOA

Monthly payment$1,939

Principal & interest$1,939

Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.

Utilities

City of Eaton Rapids

Municipal

517-663-8118 Web

Consumers Energy Company

Investor-Owned

800-477-5050 Web

MI Public Service Commission service territory boundaries.

Property

502 S EAST Street, Eaton Rapids, MI 48827

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Municipality

Eaton Rapids

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Listing Description

Source: SparkMLS

Frequently Asked Questions about 502 S EAST Street, Eaton Rapids, MI 48827

Can I use a USDA Rural Development loan for this property?

USDA Eligibility Map

Is 502 S EAST Street, Eaton Rapids, MI 48827 in a flood zone?

FEMA Flood Map

What utilities serve 502 S EAST Street, 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.

City of Eaton Rapids Consumers Energy Company MI Public Service Commission

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.