For Sale
5459 Coan Street NE, Sand Lake, MI 49343
$319,900
MLS # 26015301 (Michigan Regional Information Center (MichRIC))
3 unitsBuilt 19401.67 acres
1 / 20
Listing Description
Rare Multi-Unit Investment Opportunity on 1.67 Acres Discover versatile income potential with this unique multi-dwelling property perfectly situated between Cedar Springs and Sand Lake. The main residence is an updated duplex featuring a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit. Major updates provide peace of mind, including a new roof (2023) and two new gas water heaters (2023). The property also includes a 2-bedroom, 1-bath mobile home with its own septic system; while it requires new flooring and minor updates, it offers immediate value-add potential. Storage and additional revenue streams abound with a massive 40x60 pole barn (new roof 2025) and a 2-story garage with a hip roof. Units feature separate utilities (shared septic for the main house). Whether you are looking to expand your portfolio or live in one unit while offsetting your mortgage, this expansive property offers the infrastructure and acreage to succeed.
Source: SparkMLS
About this home
Listed at $319,900.
Property tax estimate: $2,110 per year ($176/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Great Lakes Energy Cooperative; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Property Subtype2 to 4 Units
Bathrooms0
Lot Size1.67 acres
Year Built1940
Location
CitySand Lake
MunicipalityNelson Twp
Zip Code49343
CountyKent
School DistrictCedar Springs
Construction & Systems
ConstructionVinyl Siding
BasementCrawl Space
HeatingForced Air
WaterWell
SewerSeptic Tank
UtilitiesPhone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Sale & Financing
Listed5/10/2026
Original Price$329,900
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,110
Tax Year2025
State Equalized Value$100,600
Taxable Value$84,717
Assessed Value$82,490
Parcel #410318200014
Source: Public Records
Legal Description
THAT PART OF S 230 FT OF W 19 A. OF NE 1/4 NE 1/4 LYING ELY OF ELY LINE OF NORTHLAND DR EX E 100 FT * SEC 18 T10N R10W 1.67 A.
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 Mark S Hoskins
Berkshire Hathaway HomeServices Michigan Real Estate (Rock)
Frequently Asked Questions about 5459 Coan Street NE, Sand Lake, MI 49343
What school district is 5459 Coan Street NE, Sand Lake, MI 49343 in?
Per MLS# 26015301, this property is served by Cedar Springs. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 26015301, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26015301, the most recent reported annual property tax for 5459 Coan Street NE, Sand Lake, MI 49343 is $2,110 (2025). 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 5459 Coan Street NE, Sand Lake, MI 49343 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5459 Coan Street NE, Sand Lake, MI 49343 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: Great Lakes Energy Cooperative. Gas: DTE Gas Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Nelson Twp police department or the Kent County sheriff's office.
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Monthly payment$2,075
Principal & interest$2,075
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Great Lakes Energy Cooperative
Co-op
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5459 Coan Street NE, Sand Lake, MI 49343
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Municipality
Nelson Township
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