$215,000

206 Oak St Sheridan, MI 48884

$2,553
Closing credit¹
0.3 acres
Multi-Family

Property details

About 206 Oak St

Turnkey Duplex Investment Opportunity in Sheridan, MI!Don't miss this duplex in the heart of Sheridan with strong rental history & reliable income. Each unit features 2 bedrooms & 1 full bath, with separate entrances & utilities. Tenants pay electric and are on month to month leases, generating a gross income of $18,888/year.Recent updates include a renovated upper unit in 2023 & a lower unit refresh in 2021. The property boasts a durable metal roof (approx. 5 years old) and a freshly painted exterior (2024), ensuring minimal maintenance for years to come.Ample on-site parking & added lifestyle value with Pearl Lake park located within a few minutes walk. Whether you're expanding your investment portfolio or house hacking, this property is a smart, income-generating choice.Seller has directed listing agent to hold all/any offers until 5/18/25 at noon. Can be purchased as a package with 190 E Sidney 25020948 and 133 N Camburn 25020947

Highlights

Home typeMulti Family
HeatingBaseboard, Electric, Forced Air, Natural Gas
StatusActive
BasementYes
Lot size0.25 Acres
Year built1900
ParkingGravel
MLS #65025020949

Summary

  • Basement: Yes
  • Interior: Storage
  • Parking: Gravel
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • List Price: $215,000
  • Lot: Corner Lot
  • Directions: 66 to Evergreen St, to property on the corner of Evergreen and Oak
  • Year Built: 1900
  • Lot Size: 0.25 Acres
  • MLS Number: 65025020949
  • MLS Name: Greater Regional Alliance of REALTORS
  • Office Name: Berkshire Hathaway HomeServices Michigan Real Estate (South)
  • Office Phone: (616) 554-7277
  • Listing Agent: Paul Leason

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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 5/20/2025, 12:00:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with fence, a porch, and metal roof

$215,000

206 Oak St

$2,553

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Central Montcalm Upper Elementary School

Public District 2-5

4.2 mi

1488 S Sheridan Rd

6

Walnut Hills Elementary School

Public District PK-5

8.7 mi

712 N Walnut St

6

Cedar Crest Elementary School

Public District PK-5

9.0 mi

622 S Cedar St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,684. Typical income of Sheridan, MI residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
52%
35k-100k
7%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
13%
Single, with Kids
33%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 206 Oak St in Sheridan, MI and zip code 48884. Features: 0 bathroom. It has been listed on Rocket Homes since May 10, 2025 and is currently priced at $215,000.

From Rocket Homes Real Estate and based on county public records data.

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