501 N Pine River Street, Ithaca, MI 48847 (MLS# 26056676)

501 N Pine River Street, Ithaca, MI 48847

$89,900

39_1st_floor_501_north_pine_river_street

Property Type: Multi Family Lot Size (sq. ft.): 12,197 Status: Active

Current Price: $89,900 List Date: 10/23/2026 Last Modified: 10/29/2026

Overview

Description

One property, several possibilities. Offered at $89,900, this updated Ithaca duplex gives you options: build your rental portfolio, live on the main floor and rent the upstairs to help offset your housing costs or maybe explore a future conversion to a single family home. Here's your opportunity... Fresh interior and exterior paint, new carpeting, updated plumbing and a newer furnace add to the appeal. This duplex has a current city rental certification good for one year. The seller has done the hard work so you dont have to. Enjoy a covered porch, a 0.28 acre corner lot and a detached garage with a concrete floor and divided storage areas. Nearby North Elementary, downtown shops and dining and Woodland Park put everyday conveniences and outdoor recreation within easy reach. Bring your plans and explore how this property could fit your next chapter.

Supplements: Buyer or buyer agent to verify all information. The main-floor and upstairs units offer combined rental potential of $2,100 per month. Seller was charging $1200 for the main and $900 for the upstairs. Seller has a city cert, good for 1 year.

Listing Details MLS# 26056676

Location Property Info

County: Gratiot
Street #: 501
Street Direction: N
Street Name: Pine River
Suffix: Street
State: MI
Zip Code: 48847
Zip (4): 1143

General Property Info

Lot Measurement: Acres
Lot Square Footage: 12197
Lot Acres: 0.28
Lot Dimensions: 74.25x165
Year Built: 1900
New Construction: No
Cert of Compliance: Yes
Road Frontage: 165
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Ithaca
Association YN: No

Tax Info

Tax ID #: 52-655-071-00
Taxable Value: 33317
SEV: 50100
For Tax Year: 2003
Seller's Annual Property Tax: 1938.16
Tax Year: 2024
Spec Assessment & Ty: unknown

Access Feat

Accessibility Features: No

Unit 1

Unit Description: Upstairs Unit
Occupied: No
Bathrooms: Yes
Full Baths: Yes

More Information

Unit 2

Unit Description: Main Floor Unit
Bathrooms: Yes
Full Baths: Yes

Property Features

Exterior Material: Wood Siding Substructure: Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; High Speed Internet Owner Pays: Electricity Tenant Pays: Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air; Wood Stove Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Garage; Range Oven; Refrigerator Unit 2: Garage; Range/Oven; Refrigerator

Listing Office: Keller Williams Realty Rivertown

Listing Agent: Eryn Wukawitz

Last Updated: October - 29 - 2026

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