Sold
Last Sold Price
2 beds1 bath
26020 Randall Road, Dowagiac, MI 49047
Multi FamilyProperty Type
0.31 acresLot Size
1960Year Built
8 carsParking Spaces

Description

Looking for that investment property on the water? Two stand alone rental homes with two units in each home. Four units total on Mill Pond. Mill Pond is close to downtown Dowagiac and just down the street from Southwestern Michigan College. Invest in housing instead of renting while attending college and your unit could be rent free. And, it's on the water! Each with a separate entrance. There is 198 feet of private water frontage. Mill Pond is a wrapping creek over 150 acres with several channels...Looking for that investment property on the water? Two stand alone rental homes with two units in each home. Four units total on Mill Pond. Mill Pond is close to downtown Dowagiac and just down the street from Southwestern Michigan College. Invest in housing instead of renting while attending college and your unit could be rent free. And, it's on the water! Each with a separate entrance. There is 198 feet of private water frontage. Mill Pond is a wrapping creek over 150 acres with several channels branching off. It offers wonderful fishing, great wild life, and is especially nice for long pontoon excursions. Each unit comes with two bedrooms and one bath. Financials positively support this investment property and it has a great rental history with almost no vacancy. You have options: live in one unit, to get on the water at no cost, use as a vacation home, or strictly as an income source. All of the units are in great condition with very low maintenance.
  • Listed by: Tim Mitchell 269.208.9425 timmitchell@cressyeverett.com Brokerage DRE #6505245167 • Cressy & Everett Real Estate
Listing closed: 01/16/2018 12:00 AM • Source: Michigan Regional Information Center, MLS#: 17024326

Location

Listing Courtesy of Cressy & Everett Real Estate

Sold By Core Real Estate, Inc.

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Payment Calculator

$2,415 per month

30 year fixed, 6.55% Interest

Principal and Interest

$686

Property Taxes

$229

HOA Dues

$1,500

The Payment Calculator is for illustrative purposes only.

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Property Information for 26020 Randall Road

Property Details
  • Taxes: $2,746 / year
  • Condo/Co-op Fees: $1,500 / month
  • MLS Type: Residential Income / Multi Family
  • County: Cass County
  • Waterfront Features: Lake, Pond
Building Information
  • Residences: 4
  • Year Built: 1960
  • Lot Size: 0.31 AC / 13,504 SF
Summary
Location and General Information
  • Cross Streets: Dutch Settlement
  • Municipality: Wayne Twp
  • Body of Water: Mill Pond Creek
  • Directions: Dutch Settlement to Randall
  • Area - Major: Southwestern Michigan - S
  • Street #: 26020
  • Street Name: Randall
  • Suffix: Road
  • City: Dowagiac
  • State: MI
  • Zip Code: 49047
  • County: Cass
  • Latitude: 41.984324
  • Longitude: -86.069049
  • Area - Minor: Southwestern Michigan - S
  • Water Type: Lake, Pond
Taxes and HOA
  • Taxable Value: 60600.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 1415035003900
  • Homestead: 0
  • SEV: 60600
Parking
  • Parking Features: Unpaved
  • Parking Total: 8.0
  • Attached Garage: No
  • Driveway: Unpaved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 1
  • Lot Measurement: Acres
  • Lot Acres: 0.31
  • Lot Square Footage: 13504.0
  • Lot Size Area: 0.31
Property and Assessments
  • Tax Year: 2017
  • Road Surface Type: Paved
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1960
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
  • Waterfront Options WaterFrontage: 198
Utilities
  • Utilities: Phone Available, Electricity Available, Cable Available, Cable Connected
  • Electric: True
  • Sewer: Septic Tank
  • Water Source: Well
  • Util Avail at Street: Cable Available, Electricity Available, High Speed Internet, Phone Available
  • Utilities Attached: Cable Connected
  • Water: Well
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Aluminum Siding
  • Water Fea Amenities: No Wake, Private Frontage
  • Street Type: Paved, Public
  • Exterior Material: Aluminum Siding
  • Roofing: Composition
  • Substructure: Full, Walk-Out Access
Interior Features
  • Heating: Baseboard
  • Basement: Yes
  • Cooling: Window Unit(s)
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: Yes
  • Heat Source: Electric
  • Heat Type: Baseboard
  • Air Conditioning: Window Unit(s)
Multi Family
Multi Family Information
  • Number of Units: 4
Income & Expense
  • Maintenance Expense: $1,500.00
  • Insurance Expense: $2,640.00
  • Net Operating Income: $20,000.00
  • Operating Expense: $5,200.00
  • Gross Income: $25,200.00
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 2
  • ActualRent: $525.00
  • SqFt: 750.0
  • Description: Duplex
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: Electric
  • Owner Pays: Trash Collection
  • Terms Available: Cash, Conventional

Property History for 26020 Randall Road

DateEvent & SourcePriceAppreciation
Jan 16, 2018

Sold

Realcomp #69017024326

$135,000
Jan 16, 2018

Sold

Michigan Regional Information Center #17024326

$135,000
Dec 20, 2017

Contract Signed

Realcomp #69017024326

DateEvent & SourcePrice
01/16/2018

Sold

Realcomp #69017024326

$135,000
01/16/2018

Sold

Michigan Regional Information Center #17024326

$135,000
12/20/2017

Contract Signed

Realcomp #69017024326

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 26020 Randall Road

Taxable ValueLand-Additions-Total-
Tax Record2025$804 ($67 / month)
Home Facts
Beds0Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtLot Size15,246 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated1900CountyCASSAPN14-150-350-039-00

Schools near 26020 Randall Road

This home is within Dowagiac Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Kincheloe Elementary School
PublicK to 5

Dowagiac Middle School
Public6 to 8

Union High School
Public9 to 12

Pathfinders Alternative Ed
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Cressy & Everett Real Estate

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.