For Sale138d on market
416 River St
Three Rivers, MI, 49093 • 49093 • Saint Joseph County
$350,300
Down payment assistance available
8Beds
4Baths
0.29 acLot
1976Built
Property DNA
Waterfront Property
River
This home is getting attention
Listed 138 days ago · 422 views · 44 saves
Market activity
Demand and pricing signals for this listing
422 views
People checking out this listing
44 saves
Buyers have saved this home
138 days on market
Established listing
About this home
Multi Family · Built 1976
NEW METAL ROOF! Exceptional investment opportunity in the heart of Three Rivers! This well-maintained quadplex offers direct river frontage and a proven track record of 100% occupancy. Each of the four units features 2 bedrooms and 1 full bathroom, providing comfortable and functional living spaces that attract long-term tenants. Currently generating $750 per month per unit, this property delivers consistent cash flow with room for future growth. The building has been well cared for and sits on a peaceful stretch of the river allowing tenants to enjoy scenic views and easy access to downtown amenities, parks, and schools. Whether you're a seasoned investor or just expanding your portfolio, this property is a rare opportunity to own a solid income-producing asset in a desirable Three Rivers location.
Standout features identified
Our analysis highlights direct river frontage and scenic views as key attractions of this home.
Estimated monthly payment
Based on current rates
$2,197/month
Principal & Interest$1,730
Property Tax$350
Insurance$117
Down payment20% ($70,060)
3%50%
Est. 6.28% rate · 30yr fixed · $280,240 loan
Full calculator →At a glance
Key facts and listing details
Type2 to 4 Units
Year Built1976
HeatingRadiant
CoolingNone
Parking5 Parking spaces
Days on Zillow138 Days
Property
Home typeMulti Family
Sub-type2 to 4 Units
Year built1976
Systems
HeatingRadiant
CoolingNone
RoofComposition
ConstructionVinyl Siding
Water / SewerPublic Sewer
Parking & Outdoor
ParkingAsphalt, Driveway
BasementSlab
Lot0.29 Acres
Location & Tax
Neighborhood49093
Annual tax$2,215
Parcel05123001802
Features & details
5 categories of property features
Interior Features
Heating
Radiant
Cooling
None
Exterior Features
Parking
Asphalt
Driveway
Construction
Vinyl Siding
Utilities
Electricity Available
Electricity Connected
Listing insights
Market data and value estimates
StatusFor Sale
Days on market138
Est. value$327,000
Est. rent$1,309/mo
Tax rate1.11%
On marketNov 20, 2025
PostedNov 20, 2025
Last sold$174,900
MLS statusActive
MLS updatedMar 24, 2026
Tour days9
Views422
Favorites44
How are the schools in Three Rivers?
3 schools rated nearby
Location
Three Rivers, MI, 49093
Price history
5 events
DateEventPrice$/sqftSource
Nov 20, 2025Listed For Sale$350,300—MichRIC
Oct 19, 2021Sold$174,900—Public Record
Aug 26, 2021Listed For Sale$100,000—AAABOR
Apr 14, 2010Sold$22,900—Public Record
Apr 27, 2009Sold$49,500—Public Record
Listed For Sale$350,300
Nov 20, 2025•MichRIC
Sold$174,900
Oct 19, 2021•Public Record
Listed For Sale$100,000
Aug 26, 2021•AAABOR
Sold$22,900
Apr 14, 2010•Public Record
Sold$49,500
Apr 27, 2009•Public Record
Tax history
11 years of records
YearTax paidAssessed value
Apr 8, 2025$2,147$106,300
Apr 8, 2024$2,045$48,000
Apr 8, 2023$1,947$44,200
Apr 8, 2022—$30,900
Apr 8, 2021$1,842$29,200
Apr 8, 2020—$32,100
Apr 8, 2018—$38,100
Apr 8, 2017—$34,200
Apr 8, 2016—$35,100
Apr 8, 2015—$36,400
Apr 8, 2014—$36,400
Nearby homes
Neighborhood details
Local context around this listing
Three Rivers, MI • Saint Joseph County
Nearby cities
Burr OakCentrevilleColonConstantineLeonidasMendonSturgisThree Rivers
Nearby zip codes
49093
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