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201 E Main St, Homer, MI, 49245

4beds
3baths
--sqft
$299,900
--price/sqft
$2,156/moest. monthly cost
$86,240/yrincome needed

About This Home

CALL LORI STURDEVANT 269-579-3626 TO TOUR THIS INCREDIBLE INVESTMENT OPPORTUNITY IN THE VILLAGE OF HOMER! Fully renovated duplex has been completely transformed-top to bottom, side to side since purchased in '21, offering peace of mind & modern appeal for today's investor. Each unit features 2 spacious bedrooms, open-concept layout, sheds. Designed for comfortable living & strong rental appeal. Units rented on a month to month basis, providing immediate income w/flexibility for future rent adjustments or owner occupancy. Tenants pay all utilities, w/the owner responsible only for trash-making this a low-expense, high efficiency investment. All appliances are owned & included in the sale. Whether you're looking to expand your portfolio or take advantage of a house-hacking opportunity by living in one unit while the other helps cover your mortgage, this property checks all the boxes. Turnkey, income-producing & full of potential. Don't miss your chance to secure an exceptional property!

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

7/10
Homer Middle SchoolGrades 5-80.4 mi
7/10

Construction

Condition

  • Year built: 1880

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Appliances

  • Laundry features: In Bathroom,Main Level

Basement

  • Has basement: Yes
  • Basement: Michigan Basement,Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Property

Details

  • Parcel number: 134312001700

Lot

  • Lot size: 8,712 sqft
  • Features: Sidewalk,Corner Lot
  • Lot size dimensions: 66 x 132

Parking

  • Total spaces: 2
  • Parking features: Unpaved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Winter Weather

FEMA Declared Disasters in Calhoun County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$118$1,416
Property Taxes $334$4,008
Electricity $188$2,259
Total$2,156$25,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,920/yr
40% on housing$64,680/yr
45% on housing$57,493/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 49245$119
Calhoun County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 49245$178
Calhoun County$132

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-23Listed for sale$299,900
2021-01-08Sold$48,500
2013-11-05Sold$5,400
2013-08-03Listing removed$8,900
2013-06-20Price change$8,900
2012-10-03Listed for sale$17,900
2012-05-10Listing removed$24,900
2011-12-22Listed for sale$24,900
2010-07-16Sold$40,876
2005-10-25Sold$47,000

For Sale by Agent

AgentLori Sturdevant
BrokerageBerkshire Hathaway HomeServices Michigan Real Estate

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