- Multi - Family Property
- Unique 7 Unit Apartment Complex
THINK BIG ON TOWNSEND! Looking to invest in a multi-family property? This unique 7 unit apartment complex is ready for new ownership. Get ready for the gross rent income of $5,647 per month when fully rented. Featuring more than 4,000 square feet across one bedroom, two bedroom and studio units, this property offers immense potential. Currently 5 out of 7 units are filled. Tenant is responsible for electric and heat. Owner manages lawn care & snow removal. This 77 x 120 lot make the maintenance simple. Call today for more information!
- MLS# 50141846
- Date Listed05/13/2024
- Bedrooms 6
- Bathrooms 7 Full baths
- Lot Size 0.21 acres (9,148 sq. ft)
- Sewer Public Sewer
- Subdivision Carpenters Div
- Property Type Multi Family
- County Midland
- Year Built 1913
- Water Public
Interior Features
- Appliances Gas Water Heater
- Heating Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.21
- Lot Size SQFT 9,147.60
- Lot Features Corner Lot
Directions
E Indian St to Townsend St
Financial Considerations
- Tax Amount $7,907
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
| Year | Total Assessments |
|---|---|
| 2022 | $130,100 |
| 2020 | $110,800 |
| 2019 | $102,800 |
| 2018 | $110,800 |
| 2017 | $110,500 |
| Date | Event | Price |
|---|---|---|
| 05/20/2024 | Pending | $395,000.00 |
| 05/13/2024 | Active | $395,000.00 |
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 3323 Birchfield Drive | 3 | 1 | Nov 03, 2025 | $159,000 | Nov 28, 2025 | - |
| 2663 W Midland Road | Listing | 3 | 1 | Oct 06, 2025 | $169,000 | Mar 21, 2024 | $301,500 |
| 2663 W Midland Road | Listing | 3 | 1 | Oct 06, 2025 | $169,000 | Mar 21, 2024 | $301,500 |
| 2663 W Midland Road | Listing | 3 | 1 | Oct 06, 2025 | $169,000 | Mar 21, 2024 | $301,500 |
| 4109 Moorland Drive | 4 | 3 | Nov 03, 2025 | $289,900 | Nov 28, 2025 | - |
| 3706 Bobcat Court | 3 | 2 | Oct 28, 2025 | $499,000 | Nov 28, 2025 | - |
| 2958 E Stewart Road | 3 | 2 | Nov 04, 2025 | $139,500 | Nov 28, 2025 | - |
| 878 S Crooked Tree Lane | 3 | 2 | Oct 08, 2025 | $375,000 | Nov 28, 2025 | - |
| 3803 Aspen Way | 4 | 3 | Nov 18, 2025 | $405,000 | Nov 28, 2025 | - |
| 3813 McKeith Drive | 3 | 2 | Oct 17, 2025 | $248,000 | Nov 28, 2025 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 31,979 | 42,657 | 84,527 | 335,858,263 |
| Population Density | 304 | 1,252 | 164 | 95 |
| People per Household | 2.4 | 2.3 | 2.5 | 2.6 |
| Median Age | 40.2 | 39.1 | 41.3 | 39.1 |
| Median Income | $64,605 | $65,564 | $63,672 | $66,222 |
| Average Income | $36,643 | $39,502 | $36,007 | $35,475 |
| Cost of Living Index | 88 | 85 | 90 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 16.2°F | 16.2°F | 16.2°F | 22.6°F |
| July Avg. High Temp | 83.8°F | 83.8°F | 83.8°F | 86.2°F |
| Annual Precipitation | 30.69" | 30.69" | 30.69" | 38" |
70/100
Very Walkable
Walk Score ®
68/100
Bikable
Bike Score ®
Overview
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 37/100.
Property Change History
Points of Interest near 602 Townsend Street, Midland, MI 48640
898 ft
Distance
1003 ft
Distance
0.2 mi
Distance
0.21 mi
Distance
0.21 mi
Distance
0.21 mi
Distance
0.21 mi
Distance
0.22 mi
Distance
0.23 mi
Distance
0.23 mi
Distance
0.21 mi
Distance
0.21 mi
Distance
0.23 mi
Distance
845 ft
Distance
0.21 mi
Distance
0.21 mi
Distance
0.21 mi
Distance
792 ft
Distance
792 ft
Distance
845 ft
Distance
1003 ft
Distance
950 ft
Distance
0.22 mi
Distance
0.23 mi
Distance
0.23 mi
Distance
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Frequently Asked Questions for 602 Townsend Street
Source: Realty.com
602 Townsend Street, Midland, MI 48640 is a Multi Family, Residential Income property listed for $395,000 The property is - sq. ft with 6 bedrooms and 7 bathrooms
Realty.com has 16 photos of 602 Townsend Street.
Our records indicate that 602 Townsend Street was built in 1913.
The full address for this home is 602 Townsend Street, Midland, MI 48640.
602 Townsend Street has been listed on Realty.com since Mon May 13, 2024
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 37/100.
Listing provided courtesy of:
Modern Realty
(tel: 989-486-9770)
Listing agent:
Logan Richetti
(tel: 904-294-7883)
(#214643)
This content last refreshed on 2025-11-28 09:37:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 602 Townsend Street, Midland, MI 48640 : MLS# 50141846