This 4-unit investment property offers a fantastic opportunity in a prime location just steps from downtown Eaton Rapids. The building features a strong unit mix, including one spacious 2-bedroom, 1-bath apartment and three comfortable 1-bedroom, 1-bath units—ideal for steady rental income and broad tenant appeal. Situated on a large lot, the property provides ample off-street parking for tenants and guests, a rare and valuable feature. Residents will love the unbeatable walkability to downtown Eaton Rapids, with shops, dining, and local amenities right outside the door. Whether you're expanding your portfolio or just getting started in multifamily investing, this property combines location, functionality, and income potential in one attractive package. More interior photos to come.
Under contract
$210,000
200 Dexter Rd, Eaton Rapids, MI 48827
5beds
4baths
--sqft
Est.:
Quadruplex
Built in 1870
-- sqft lot
$206,100 Zestimate®
$--/sqft
$-- HOA
What's special
Large lot
- 22 days |
- 996 |
- 54 |
Zillow last checked:
Listing updated:
Listed by:
John Decker 517-862-4402,
DeLong and Co. 517-663-2710
Source: Greater Lansing AOR,MLS#: 294638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Gas Water Heater
- Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
Features
- Flooring: Carpet, Tile, Vinyl
- Windows: Double Pane Windows, Storm Window(s)
- Basement: Concrete,Daylight,Michigan
Interior area
- Finished area above ground: 3,198
Property
Parking
- Total spaces: 8
- Parking features: Attached, Driveway, Garage Faces Side, Parking Pad
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Exterior features: Balcony, Private Entrance, Private Yard, Rain Gutters
- Fencing: Back Yard
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 99 x 108
- Features: Back Yard, City Lot, Few Trees, Level
Details
- Parcel number: 2330007160303500
- Zoning description: Zoning
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: High Speed Internet Available, Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Eaton Rapids
Financial & listing details
- Tax assessed value: $83,200
- Annual tax amount: $5,405
- Date on market: 3/24/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$206,100
$196,000 - $216,000
$1,345/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Contingent | $210,000 |
Source:  Greater Lansing AOR #294638 Report a problem | ||
| 3/24/2026 | Listed for sale | $210,000+82.6% |
Source: Greater Lansing AOR #294638 Report a problem | ||
| 8/2/2023 | Sold | $115,000+32.2% |
Source: Greater Lansing AOR #275101 Report a problem | ||
| 10/10/2017 | Sold | $87,000-8.4% |
Source: Greater Lansing AOR #219357 Report a problem | ||
| 8/23/2017 | Pending sale | $95,000 |
Source: Laura DeLong Realty #219357 Report a problem | ||
| 8/23/2017 | Listed for sale | $95,000-12% |
Source: Laura DeLong Realty #219357 Report a problem | ||
| 5/12/2017 | Listing removed | $108,000 |
Source: Owner Report a problem | ||
| 4/2/2017 | Price change | $108,000-1.8% |
Source: Owner Report a problem | ||
| 1/2/2017 | Price change | $110,000-8.3% |
Source: Owner Report a problem | ||
| 9/17/2016 | Price change | $120,000-4% |
Source: Owner Report a problem | ||
| 11/22/2015 | Price change | $125,000-3.8% |
Source: Owner Report a problem | ||
| 8/31/2015 | Price change | $130,000+30% |
Source: Owner Report a problem | ||
| 12/5/2013 | Listed for sale | $100,000+132.6% |
Source: Owner Report a problem | ||
| 9/13/2011 | Sold | $43,000-67.6% |
Source: Public Record Report a problem | ||
| 3/23/2011 | Sold | $132,795+166.1% |
Source: Public Record Report a problem | ||
| 2/5/2011 | Listed for sale | $49,900 |
Source: Laura DeLong Realty Inc. #19623 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,405 | $83,200 -10.7% |
| 2024 | -- | $93,200 +39.1% |
| 2021 | $3,721 -12.3% | $67,000 +9.3% |
| 2020 | $4,242 | $61,300 -12.1% |
| 2019 | $4,242 +2.4% | $69,778 +2.6% |
| 2018 | $4,143 | $67,984 +17.4% |
| 2017 | -- | $57,900 +5.5% |
| 2016 | -- | $54,900 +3% |
| 2015 | -- | $53,300 +2% |
| 2014 | -- | $52,250 +0.6% |
| 2013 | -- | $51,950 -30.5% |
| 2011 | -- | $74,700 |
| 2010 | -- | $74,700 -10% |
| 2009 | -- | $83,000 -7.5% |
| 2008 | -- | $89,700 |
| 2007 | -- | $89,700 +2% |
| 2006 | -- | $87,900 +4.4% |
| 2005 | -- | $84,200 +7.7% |
| 2004 | -- | $78,200 +12.5% |
| 2002 | -- | $69,500 +3.6% |
| 2001 | -- | $67,100 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,331/mo
Principal & interest
$1095
Property taxes
$236
More affordability tools
Climate risks
Neighborhood: 48827
Nearby schools
GreatSchools rating
- 8/10Lockwood Elementary SchoolGrades: PK-3Distance: 1.2 mi
- 5/10Eaton Rapids Middle SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Eaton Rapids Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Eaton Rapids
Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Eaton County
- Eaton Rapids
- 48827
- 200 Dexter Rd
Nearby cities
Nearby zip codes
Other Eaton Rapids Topics
