Sold
Last Sold Price
460 Lee, Decatur, MI 49045
Multi FamilyProperty Type
0.52 acresLot Size
1973Year Built
4 carsParking Spaces

Description

Great 4 unit duplex (2 2-unit ranch duplexes side by side) in the village of decatur 1 block from school campus, athletic fields and steps from lake of the woods public beach. A fantastic investment opportunity. Each unit rents for 425.00 per month with a great rental history.Great 4 unit duplex (2 2-unit ranch duplexes side by side) in the village of decatur 1 block from school campus, athletic fields and steps from lake of the woods public beach. A fantastic investment opportunity. Each unit rents for 425.00 per month with a great rental history.
  • Listed by: Mark Gale 269.268.6283 mrgale11@hotmail.com Brokerage DRE #6505357978 • Gale Realty, LLC
Listing closed: 10/04/2016 12:00 AM • Source: Michigan Regional Information Center, MLS#: 16037196

Recent comparable sales

Median sold price

$87,000

Avg days on market

32

Sale-to-list ratio

91.9%

Decatur, MI

9 comparable properties found

$75,500 | V/l West Edgar Bergen Boulevard, Decatur, MI 49045
1/9
1

$75,500

Sold 06/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.45
Acres
$115,000 | 0 Lakeview Drive, Decatur, MI 49045
1/16
2

$115,000

Sold 10/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$89,000 | Vl-f County Road 352, Decatur, MI 49045
1/8
3

$89,000

Sold 08/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.09
Acres
$87,000 | Vl-g County Road 352, Decatur, MI 49045
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4

$87,000

Sold 08/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
10.03
Acres
$95,000 | 80380 42nd Street, Decatur, MI 49045
1/16
5

$95,000

Sold 03/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.51
Acres
$57,716 | 606 South George Street, Decatur, MI 49045
1/12
6

$57,716

Sold 12/23/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.4
Acres
$61,000 | Vl-e County Road 352, Decatur, MI 49045
1/8
7

$61,000

Sold 08/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6
Acres
8

$100,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,612
Square Feet
0.25
Acres
$9,250 | 1 North Phelps Street, Decatur, MI 49045
1/2
9

$9,250

Sold 06/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.40
Acres

Amenities

  • Air Conditioning
  • Fireplace
  • Parking Included
  • Window AC Installed

Location

Listing Courtesy of Gale Realty, LLC

Sold By Park Place Real Estate

Add your commute

Payment Calculator

$709 per month

30 year fixed, 6.71% Interest

Principal and Interest

$491

Property Taxes

$219

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 460 Lee

Property Details
  • Taxes: $2,622 / year
  • MLS Type: Residential Income / Multi Family
Building Information
  • Residences: 4
  • Year Built: 1973
  • Lot Size: 0.52 AC / 22,500 SF
Summary
Location and General Information
  • Cross Streets: Pine and Austin
  • Municipality: Decatur Vllg
  • Directions: M-51 to North Phelps to Pine Street to Lee Ave
  • Area - Major: Greater Kalamazoo - K
  • Street #: 460
  • Street Name: LEE
  • City: Decatur
  • State: MI
  • Zip Code: 49045
  • County: Van Buren
  • Latitude: 42.110948
  • Longitude: -85.98277
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 56323.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 804304500900
  • Homestead: 30
  • SEV: 67000
Parking
  • Parking Features: Paved
  • Parking Total: 4.0
  • Attached Garage: No
  • Driveway: Paved
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 150' x 150'
  • Lot Measurement: Acres
  • Lot Acres: 0.52
  • Lot Square Footage: 22500.0
  • Lot Size Area: 0.52
Property and Assessments
  • Tax Year: 2015
  • 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: 1973
  • Video Groups: 0
  • Mineral Rights: Unknown
  • Accessibility Features YN: No
Utilities
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water
  • Utilities Attached: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Street Type: Paved
  • Exterior Material: Aluminum Siding
  • Substructure: Crawl Space, Full
Interior Features
  • Heating: None
  • Basement: No
  • Cooling: Window Unit(s)
  • Basement Yes/No: No
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Cooling: Yes
  • Heating: No
  • Heat Source: None
  • Heat Type: None
  • Air Conditioning: Window Unit(s)
Multi Family
Multi Family Information
  • Number of Units: 4
Rental
Rental Information
  • Tenant Pays: Electric, Gas, Sewer, Water
  • Owner Pays: None
  • Terms Available: Cash, Conventional

Property History for 460 Lee

DateEvent & SourcePriceAppreciation
Oct 4, 2016

Sold

Michigan Regional Information Center #16037196

$95,000
Oct 4, 2016

Sold

Realcomp #69016037196

$95,000
Aug 30, 2016

Contract Signed

Michigan Regional Information Center #16037196

DateEvent & SourcePrice
10/04/2016

Sold

Michigan Regional Information Center #16037196

$95,000
10/04/2016

Sold

Realcomp #69016037196

$95,000
08/30/2016

Contract Signed

Michigan Regional Information Center #16037196

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

Schools near 460 Lee

This home is within Decatur Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Rating
School
Distance
Davis Elementary School
PublicK to 5

Decatur High School
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 460 Lee, Decatur, MI 49045
$95,000
22,500
3
1
988
11,326
$78,700
2
916
11,250
$2,302
3
1
1,054
11,238
$97,500
3
1,000
13,068
3
1.5
1,832
11,326

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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.

Listing Courtesy of Gale Realty, LLC

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.