143 Floral Avenue, Plainwell, MI 49080

Property Description

Well-maintained duplex in the City of Plainwell offering strong, stable cash flow with long-term tenants in place through 2027. Unit 145 rents for $1,120/month and Unit 143 for $1,075/month, providing immediate, reliable income with room for future rent increases. Built in 1980, this newer construction property features two very spacious 2-bedroom, 1-bath units (approx. 1,056 sq ft each), making it highly desirable for tenants seeking comfortable, functional living space. Each unit includes in-unit laundry, separate utilities, and efficient layouts that support long-term tenancy. Situated on a corner lot with public water/sewer and natural gas, tenants cover all major utilities--keeping owner expenses low. Located within Plainwell Schools and close to downtown amenities, parks, and major roadways. This is a turnkey investment opportunity with strong in-place income, minimal management burden, and clear upside through strategic rent growth.

Listing Status:

Active

Date Added:

April 1, 2026

Data Last Updated:

May 20, 2026 at 10:39PM

Listing Office:

Coldwell Banker Realty : 269-469-3950

Listing Agent:

Will Howson : 269-615-5660

MLS ID:

26012929

Interior

• Basement: Crawl Space
• A/C: None
• Heating: Forced Air

Exterior

• Parking: UnpavedParking spaces: 4

Construction

• Roofing: Composition
• General: Vinyl Siding

Location

• Road/Access: Paved
• Originating MLS: Michigan Regional Information Center (MichRIC)
• School District: Plainwell
• County: Allegan

Lot

• Zoning: LOTS 6 & 7 EXC A TRIANGULAR PARCEL IN NE COR LOT 7 DEEDED TO CITY ALSO EX W 10' OF LOTS 6 & 7 AS MEASURED ALG MARIETTE ST SCOTT'S ADDITION55-300-003-00

Utilities

• Utilities: Cable ConnectedNatural Gas ConnectedElectricity ConnectedCable AvailableElectricity AvailableNatural Gas AvailablePhone Available
• Water: Public Water
• Sewer: Public Sewer

Financial

• Source: Michigan Regional Information Center (MichRIC)