$2,495,000

917 Pearl Street

St. Joseph, MI 49085

917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085
917 Pearl Street, St. Joseph, MI 49085

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About this Home

Prime St. Joseph investment opportunity! This well-positioned 18-unit apartment building offers an excellent opportunity to own a sizable multifamily asset. Located near the vibrant downtown St. Joseph area, Lake Michigan beaches, shopping, dining, parks, and local amenities, the property provides strong potential for both investors and owner-operators. With 18 units under one roof, this property offers attractive economies of scale and the opportunity to maximize rental income through thoughtful management and continued improvements. St. Joseph's strong rental demand, desirable location, and proximity to Lake Michigan make this an exciting addition to a multifamily portfolio. Opportunities of this size and location are rarely available in St. Joseph. Schedule your showing today!

Details
Location Property Info
County: Berrien
Street #: 917
Street Name: Pearl
Suffix: Street
State: MI
Zip Code: 49085
Zip (4): 1387
OfficeContract Info
Status: Active
Current Price: $2,495,000
List Price: $2,495,000
Listing Date: 2026-08-18
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.81
Lot Square Footage: 35240
Lot Dimensions: 132 x 267
Year Built: 1910
Road Frontage: 132
Mineral Rights: Unknown
Total # Units: 18
# Fin Bldg Lvls: 14086
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total SqFt: 14086
Total Net SqFt: 14086
Full Baths: 18
Waterfront: No
School District: St. Joseph
Tax Info
Tax ID #: 76-0340-0425-00-8
Taxable Value: 316856
SEV: 447900
For Tax Year: 2025
Seller's Annual Property Tax: 18443.38
Tax Year: 2026
Non-Conforming Use: Yes
Zoning: 201 Commercial
Remarks Misc
Directions: Heading south of Main st, take Pearl st east until arrival at property.
Additional Details
Total Parking Spaces: 18
Ceiling Height: 9
Waterfront Options
Water Access Y/N: No
Unit 1
Unit Description: Two bedroom one bath
Identical Units: 12
SqFt: 800
Occupied: Yes
Rent $/Month: 14001495
# HVAC: 1
# Baths: 1
Unit 2
Unit Description: One bedroom one bath
Identical Units: 6
SqFt: 750
Occupied: Yes
Rent $/Month: 11001250
# HVAC: 1
# Baths: 1
Property Features
Property Use: Investment
Uses: Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block
Exterior Material: Brick
Roofing: Rubber
Foundation: Brick/Mortar
Tenant Pays All: Electric
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected
Util Avail at St: Electricity Available; High Speed Internet
Heat Source: Natural Gas
Heat Type: Steam
Air Conditioning: Mini-Split
Driveway: Concrete
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Unit 1: Tenant Pays Electric
Unit 2: Tenant Pays Electric
Possession: Close Of Escrow
Supplements
Building gutted to studs, totally remodeled. All new electric, separate meters with tenants paying electric. Washer & dryer in units. 18 total parking spaces (4 rented from church, 14 belong to apartment).

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