Sold
Last Sold Price
1 bed1 bath
306 South Chestnut Street, Reed City, MI 49677
Multi FamilyProperty Type
0.11 acresLot Size
1900Year Built
4 carsParking Spaces

Description

4 Apartment House ready for Investor or Handy Man to come in and do some renovations! Roof was done in 2016. One Apartment is currently being rented, other 3 units are vacant. All lot dimensions and square footage to be verified by buyers.4 Apartment House ready for Investor or Handy Man to come in and do some renovations! Roof was done in 2016. One Apartment is currently being rented, other 3 units are vacant. All lot dimensions and square footage to be verified by buyers.
  • Listed by: Brooke Iltis 231.796.4871 iltisrealestate@gmail.com • Big Rapids Realty
Listing closed: 06/05/2020 12:00 AM • Source: Michigan Regional Information Center, MLS#: 19015303

Recent comparable sales

Median sold price

$142,500

Avg days on market

29

Sale-to-list ratio

101.2%

Reed City, MI

9 comparable properties found

$74,500 | 335 South Sears Street, Reed City, MI 49677
1/2
1

$74,500

Sold 09/12/25

1
Bedrooms
920
Square Feet
0.31
Acres
$92,500 | 322 North Chestnut Street, Reed City, MI 49677
1/33
2

$92,500

Sold 02/28/25

1
Bedrooms
660
Square Feet
0.12
Acres
$163,400 | 213 South Higbee Street, Reed City, MI 49677
1/28
3

$163,400

Sold 07/17/26

2
Bedrooms
1,622
Square Feet
0.38
Acres
$151,000 | 119 West Osceola Avenue, Reed City, MI 49677
1/63
4

$151,000

Sold 08/12/25

2
Bedrooms
890
Square Feet
0.33
Acres
$147,000 | 123 West Osceola Avenue, Reed City, MI 49677
1/19
5

$147,000

Sold 12/23/25

2
Bedrooms
1,640
Square Feet
0.23
Acres
$128,500 | 231 South Sears Street, Reed City, MI 49677
1/27
6

$128,500

Sold 10/07/24

2
Bedrooms
1,225
Square Feet
0.19
Acres
$138,000 | 414 East Church Avenue, Reed City, MI 49677
1/17
7

$138,000

Sold 05/02/25

2
Bedrooms
970
Square Feet
0.21
Acres
$127,200 | 507 East Church Avenue, Reed City, MI 49677
1/18
8

$127,200

Sold 10/25/24

2
Bedrooms
1,150
Square Feet
0.52
Acres
$154,000 | 525 West Upton Avenue, Reed City, MI 49677
1/29
9

$154,000

Sold 06/20/25

2
Bedrooms
834
Square Feet
0.2
Acres

Amenities

  • Basement
  • Forced Air

Location

Listing Courtesy of Big Rapids Realty

Sold By Crossroads Realty of Michigan

Add your commute

Payment Calculator

$302 per month

30 year fixed, 6.71% Interest

Principal and Interest

$137

Property Taxes

$165

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 306 South Chestnut Street

Property Details
  • Taxes: $1,977 / year
  • MLS Type: Residential Income / Multi Family
Building Information
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.11 AC / 4,792 SF
Summary
Location and General Information
  • Cross Streets: Todd
  • Municipality: Reed City
  • Directions: Downtown Reed City to corner to Chestnut and Todd
  • Area - Major: West Central - W
  • Street #: 306
  • Street Direction: S
  • Street Name: Chestnut
  • Suffix: Street
  • City: Reed City
  • State: MI
  • Zip Code: 49677
  • County: Osceola
  • Latitude: 43.873671
  • Longitude: -85.509702
  • Area - Minor: West Central - W
Taxes and HOA
  • Taxable Value: 33580.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 675210700500
  • Homestead: 0
  • SEV: 36300
Parking
  • Parking Features: Unpaved
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Unpaved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Dimensions: 80 x 60
  • Lot Measurement: Acres
  • Lot Acres: 0.11
  • Lot Square Footage: 4792.0
  • Lot Size Area: 0.11
Property and Assessments
  • Tax Year: 2018
  • Road Surface Type: Paved
  • Legal: RC-48 N 1/2 of LOTS 5 BLK 7 Reed City ORIG PLAT
  • Property Sub-Type: 2 to 4 Units
  • New Construction: No
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1900
  • Video Groups: 0
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Cable Connected
  • Sewer: Public Sewer, True
  • Util Avail at Street: Electricity Available, Natural Gas Available
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Street Type: Paved
  • Exterior Material: Wood Siding
  • Roofing: Composition
  • Substructure: Full
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Cooling: None
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: No
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Air Conditioning: None
Multi Family
Multi Family Information
  • Number of Units: 4
Unit Information
Unit 1
  • BathsTotal: 1
  • BedsTotal: 1
  • Description: 1
Rental
Rental Information
  • Occupant Type: Tenant
  • Tenant Pays: None
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Terms Available: Cash, Conventional

Property History for 306 South Chestnut Street

DateEvent & SourcePriceAppreciation
Jun 5, 2020

Sold

MiRealSource #70126896

$26,555
Jun 5, 2020

Sold

Realcomp #72019015303

$26,555
Jun 5, 2020

Sold

Michigan Regional Information Center #19015303

$26,555
DateEvent & SourcePrice
06/05/2020

Sold

MiRealSource #70126896

$26,555
06/05/2020

Sold

Realcomp #72019015303

$26,555
06/05/2020

Sold

Michigan Regional Information Center #19015303

$26,555

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

Public Records for 306 South Chestnut Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,587 ($216 / month)
Home Facts
Beds0Lot Size5,663 SqFtStyleSingle Family ResidenceCountyOSCEOLAAPN52 107 005 00

Schools near 306 South Chestnut Street

This home is within Reed City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
G.T. Norman Elementary School
PublicPK to 4

Reed City Middle School
Public5 to 8

Reed City High School
Public9 to 12

Great Start Readiness Program
PublicPK to 4

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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Nearby home values

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.

Listing Courtesy of Big Rapids Realty

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.