Listing provided courtesy of Realty Executives Instant Equity- MLS# 26032334MLS ProviderSource MLS Verified

400 La Salle AvenueSt. Joseph, MI 49085

Multi-Family · 0.21 Acres
$299,900 Active

400 La Salle Avenue Overview

Time on Site:
3 days
Visits:
1

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.

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400 La Salle Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.21 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • County Or Parish: Berrien

Rent/Lease Information

  • Tenant Pays: Electric

Tax Information

  • Tax Annual Amount: 4954.0

General Information

  • Parcel Number: 11-76-8550-0052-00-1
  • Property Sub Type: 2 to 4 Units
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Laundry Features: In Basement

Exterior

Parking Information

  • Parking Features: Concrete,Driveway

Lot Information

  • Lot Features: Sidewalk
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Dimensions: 80 x 114
  • Lot Size Square Feet: 9121.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Block,Other
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Storm Sewer

400 La Salle Avenue Neighborhood

Community

49085 (SAINT JOSEPH) Demographics

44
Median Age
900
Population Density (per sq. mile)
60%
College Educated
$80,012
Estimated Median Income
7,692
Estimated Total Home Owners
2,291
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

400 La Salle Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

400 La Salle Avenue Market Data

Based on the last 30 days in this zip code

$584,973
Average List Price
$250
Average Price per Square Foot
57
Properties Sold
71
Average Days on Market
261
Properties for Sale
Calculations provided by Reliance Network

400 La Salle Avenue History

Date Event Value Agent
6/26/2026Source: MichRIC MLS Added to Database
June 26, 2026