About This Home

This 4-bedroom, 0-bathroom residential multi family at 157 Elvern Drive in Coloma, MI is listed for $274,000. Built in 1962, on a 0.35 acres lot.

Key Features

  • Built in 1962
  • 0.35 acre lot
  • 4 parking spaces

Property Details

2 full
4 spaces
1962

Amenities

A/C
Listing Description

Fantastic investment opportunity in a quiet, quaint Coloma neighborhood! This well-maintained all-brick duplex offers an ideal location just minutes from downtown, I-94, inland lakes, and beautiful Lake Michigan. Both identical units feature 2 bedrooms, 1 full bath, a kitchen, comfortable living room, and convenient laundry/utility room.

Each unit also includes its own detached one-car garage and a spacious, private backyard. Unit 155 features newer carpeting, while each bath has been nicely updated. The roof, furnaces, and water heaters are newer and in good condition. Both units are currently occupied with dream tenants that are quiet and timely with payments.

Both are currently leased for 1 year with the seller. Unit 155 currently pays $1,230/month and is responsible for gas, electric, trash, and water. Unit 157 currently pays $1,200/month and is responsible for gas and electric, while the seller currently provides trash and cable.

Seller-owned furnishings will convey with the sale. This is virtually a no maintenance 2-unit! Short term rentals are an option in city of Coloma, offering flexibility for investors. See attached documents for additional information. Don't miss this opportunity to own a solid duplex in a desirable location-come take a look!

Monthly Cost Estimate

$1,465/mo

20% down · 6.5% · 30 years

Principal$198
Interest$1,187
Insurance$80

Estimates only. Actual payments may vary.

Location

157 Elvern Drive

Coloma, MI 49038

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 157 Elvern Drive is listed at $274,000. The estimated monthly payment is $1,465 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.35 acre lot, 4 parking spaces.

This property is listed by Anissa K DeSanctis and can be reached at 2693258077.

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Anissa K DeSanctis

Agent at Coldwell Banker Anchor R.E.

(269) 325-8077

Listed by Coldwell Banker Anchor R.E. · Broker phone: 269-983-0011 · View on Broker Site

MLS# 26042326· Source: Michigan Regional Information Center, LLC.· 41 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

157 Elvern Drive, Coloma, MI 49038

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