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8 Beds
4 Baths
3,072 sqft

$325,000

301 Nicholas Avenue, Palmer MI, 49871

Price per sqft$105.79
Built in1965
Property size3,072 sqft
Property typeResidential

Overview

Active

Listed Jul 17, 2026

Updated Aug 7

This well-maintained four-unit apartment building in Palmer offers a strong rental history and consistent occupancy, making it an attractive addition to an investment portfolio. Each unit features two bedrooms and one full bathroom, with recent updates to the bathrooms and flooring. All four units are currently occupied under year-long leases at $850 per month, with tenants responsible for their own electric service. A coin-operated laundry area in the basement provides added convenience, while indoor storage spaces offer tenants extra room for their belongings. Palmer is a small community known for its welcoming atmosphere and neighborly feel, while also offering convenient proximity to a major area employer. With steady income potential and practical tenant features, this fully occupied property presents an appealing investment opportunity with an established rental history.

$2,162/mo

Est. mortgage payment based on a $325,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
50215315

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.26 Acres
MLS provider logo

Listed by ADAM KARKI with KELLER WILLIAMS FIRST UP
Listing Contact: 906-360-5420 

Based on information originating from the MiRealSource as of 8/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 8/7/2026 at 3:13 AM UTC

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