This spacious 2 story 5-unit multifamily sits on 3 lots and is in the heart of Coleman MI. Within miles from US-10, downtown Coleman, and Colman School District. Built in 1999 these units have housed some long-term tenants as well as having a waiting list. Generous conjoined backyard, and driveway as well as an attached 2-car Garage! Monthly Rent Collected for the 3 BR, 2 BR, and 1 BR totals out around 3K. Appliances that are included are- Fridge, Stove, Dishwasher, and the Microwave! Tenants will be responsible to take care of a majority of the utilities- Gas/Heat, Electric, Cable, and Laundry. Owner will cover tenants Water bill and Trash! The perfect beginner home that could quite possibly turn into your forever home!
The median home value in Coleman, MI is $102,000. This is lower than the county median home value of $128,700. The national median home value is $219,700. The average price of homes sold in Coleman, MI is $102,000. Approximately 51.4% of Coleman homes are owned, compared to 39.47% rented, while 9.13% are vacant. Coleman real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Coleman real estate agent to arrange a tour today!
Coleman, Michigan 48618 has a population of 1,495. Coleman 48618 is less family-centric than the surrounding county with 26.25% of the households containing married families with children. The county average for households married with children is 30.28%.
The median household income in Coleman, Michigan 48618 is $32,532. The median household income for the surrounding county is $57,117 compared to the national median of $57,652. The median age of people living in Coleman 48618 is 33.9 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 32.1 inches per year, with 40.1 inches of snow per year.