Data Source Brokerage:

    Continental Real Estate Group, Inc logo

    Continental Real Estate Group, Inc

    503 N Riverview Dr, Parchment, MI 49004

    $1,700,000

    Active

    237 days ago

    3 beds
    - baths
    2,300 sq ft
    Built in 1950

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Adam Atwood, 6506047769, Five Star Real Estate

    Source: Realcomp II Ltd./Great Lakes Repository (GLR), #66025039540, last updated on 3/31/2026

    About this property

    Exceptional 24-unit apartment complex featuring 23 spacious 1-bedroom units and 1 2-bedroom unit across four solid brick, 3-story buildings (6 units per building). Located in a prime rental market with excellent occupancy history and long-term tenant stability. Property includes 25 total parking...

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    Neighborhood

    5 / 10

    Parchment North Elementary School

    6 / 10

    Parchment High School

    6 / 10

    Parchment High School

    Provided by

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    Property details
    Interior

    Bedrooms & Bathrooms

    • Bedrooms: 3

    Heating

    • Hot Water, Natural Gas

    Features

    • Storage
    • Has basement: Yes
    • Basement: Full
    • Laundry: Common Area

    Interior area

    • Total structure area: 12,480 Square Feet
    Property

    Parking

    • Total spaces: 25
    • Parking features: Paved, Carport

    Lot

    • Size: 0.75 Acres
    • Lot Dimensions: 249x134 Square Feet

    Details

    • Parcel number: 0602110081
    Construction

    Type & style

    • Home type: Residential Income
    • Property subtype: Multi Family

    Materials

    • Brick
    • Roof: Composition

    Condition

    • Year built: 1950
    Utilities & green energy
    • Sewer: Public Sewer
    • Water: Public

    Financial & listing details

    • Price per square foot: $739
    • Days on market: 230
    • Cumulative days on market: 230

    Neighborhood score

    2.5 / 5

    School score

    5.7 / 10

    Crime score

    3 / 10