400 La Salle Avenue, St. Joseph, MI 49085 (MLS# 26032334)

400 La Salle Avenue, St. Joseph, MI 49085

New Listing

$299,900

Property Type: Multi Family Lot Size (sq. ft.): 9,121 Status: Active

Current Price: $299,900 List Date: 6/26/2026 Last Modified: 6/26/2026

Overview

Description

Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.

Listing Details MLS# 26032334

Location Property Info

County: Berrien
Street #: 400
Street Name: La Salle
Suffix: Avenue
State: MI
Zip Code: 49085
Zip (4): 2645

General Property Info

Lot Measurement: Acres
Lot Square Footage: 9121
Lot Acres: 0.21
Lot Dimensions: 80 x 114
Year Built: 1910
New Construction: No
Road Frontage: 80
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total Parking Spaces: 3
Waterfront: No
School District: St. Joseph
Basement: Yes

Tax Info

Tax ID #: 11-76-8550-0052-00-1
Taxable Value: 87196
SEV: 181300
For Tax Year: 2024
Seller's Annual Property Tax: 4954
Tax Year: 2024
Spec Assessment & Ty: NA
Homestead %: 0

Remarks Misc

Directions: From downtown St. Joseph: South on Lakeshore Drive (Red Arrow) La Salle on the east side of road. Property is the first driveway on the south side of La Salle.

Access Feat

Accessibility Features: No

More Information

Income and Expenses

Annual Insurance: 1396
Annual Maintenance: 1000
Annual Utilities: 1115
Gross Op. Inc.: 30300

Unit 1

Unit #: Yes
Unit Description: Yes
SqFt: 937
Occupied: Yes
Monthly Rent: 1200
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 2
Unit Description: Upstairs Rear
SqFt: 250
Occupied: Yes
Monthly Rent: 625
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit Description: Upstairs Front
SqFt: 355
Occupied: Yes
Monthly Rent: 700
Bathrooms: Yes
Full Baths: Yes

Location & Property Info

Cross Streets: Lakeshore Dr. and Lakeview Ave
Property Sub-Type: 2 to 4 Units
Municipality: St. Joseph City

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Triplex in the heart of St. Joseph -- one of southwest Michigan's most desirable lakefront communities. This income-producing 3-unit grosses $30,300 annually with strong rental demand driven by the area's year-round appeal, proximity to Lake Michigan, and limited housing inventory. The property offers real upside for the hands-on investor -- freshen the exterior with new paint and updated landscaping for immediate curb appeal, and interior upgrades to each unit would push rents higher and drive valuation up accordingly. The bones are solid, the location is prime, and the value-add path is clear. St. Joseph's thriving downtown, top-rated schools, and consistent tourism make this a market where tenants stay and rents grow. Small multifamily in St. Joe doesn't last -- schedule your showing today.
Legal: LOTS 52 & 53 WILKINSON & BURKHARDS ADD TO CITY OF ST JOSEPH ALSO THAT PT OF VAC 14' ALLEY S OF SD PROPERTY PER 958/1033

Lot Description

Sidewalk: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes

Laundry Features

In Basement: Yes

Exterior Material

Block: Yes
Other: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

Electric: Yes

Driveway

Concrete: Yes

Substructure

Full: Yes

Extras

Garages: Yes

Owner Pays

Gas: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement Exterior Material: Block; Other Roofing: Composition Substructure: Full Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Extras: Garages Owner Pays: Gas; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Window Unit(s) Driveway: Concrete Street Type: Paved; Public Terms Available: Cash; Conventional; FHA Possession: Close Of Escrow Sale Conditions: None

Listing Office: Realty Executives Instant Equity

Listing Agent: Matt Sieber

Last Updated: June - 26 - 2026

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