Back 186 N Elm St
Off Market

186 N Elm St

Sparta MI 49345

0.27 ac.
Multi-Family
Last sold for $226,500
MiRS STAFFMiRS STAFF, last sold this property on 24 September 2025 after 105 days on market.

Overview

Seller is offering 3% in concessions. Great investment opportunity in an excellent location.3 bed / 1.5 bath main floor2 bed / 1 bath upper floorCurrently leased with long-term tenants that wish to stay.Cash flows at $2,900/month.Great space, and a solid property with a brand-new roof.Ready for a new owner.

Features

0.27 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Sparta over the last 12 months, the estimated median property value of 186 N Elm St is $290k.

Median value
$290k
Estimated value range
$190k - $925k
Median days on market
24
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sparta. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 186 N Elm St

2025
Sold
$226,500
24 Sep 2025 by MiRS STAFF, of Keller Williams GR North (Downtown)
2023
Sold
$260,000
22 Mar 2023 by Darryl Matthews Jr, of Keller Williams GR East

Happy sellers in Sparta

95%
95% of sellers in Sparta reported that their sale price either exceeded or met their price expectations.

Sparta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Sparta over the last 12 months.

Local market activity for multi families in Sparta

In the last 12 months, 7 multi families similar to 186 N Elm St, have been sold.

This represents a 15% increase in multi families sales when compared to the previous 12 months.

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