Properties for sale in Michigan

323 E Bell Street 101, Camden, MI 49232

$799,999

Property Type: Multi Family Lot Size (sq. ft.): 217,800 Status: Active

Current Price: $799,999 List Date: 8/21/2026 Last Modified: 8/21/2026

Overview

Description

An exceptional value-add investment opportunity, this 20 unit apartment building at 323 E Bell St in Camden sits on a spacious 5 acre lot and offers tremendous upside potential for the right buyer. The unit mix features twelve 2-bedroom apartments and eight 1-bedroom apartments, ideal for capturing local rental demand. Major capital improvements have already been completed-including a new roof, updated camera system, and approximately 70% of the interior unit rehabs finished- drastically reducing the initial CapEx and timeline needed to reach full stabilization. Offered at $799,999 (under $40K per door), this property is being sold as a cash only deal, giving a buyer or investor the perfect entry point to complete the remaining interior updates, place qualified tenants, and maximize their rental yield.

Listing Details MLS# 26044387

Location Property Info

County: Hillsdale
Street #: 323
Street Direction: E
Street Name: Bell
Suffix: Street
State: MI
Zip Code: 49232

General Property Info

Lot Measurement: Acres
Lot Square Footage: 217800
Lot Acres: 5
Lot Dimensions: irregular
Year Built: 1990
New Construction: No
Financial Available: No
Road Frontage: 660
Total # Units: 20
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 13700
Total Parking Spaces: 40
Waterfront: No
School District: Camden-Frontier
Association YN: No

Tax Info

Tax ID #: 14 027 200 028 27 8 4
Taxable Value: 282200
SEV: 282200
For Tax Year: 2026
Seller's Annual Property Tax: 2329.27
Tax Year: 2026
Spec Assessment & Ty: none

Remarks Misc

Directions: From the north take Edon Rd (49) from US 12 go through Reading to Camden.

Waterfront Options

Water Access Y/N: No

More Information

Access Feat

Accessibility Features: No

Income and Expenses

Annual Insurance: 12000

Unit 1

Unit #: 101
Unit Description: main floor
Identical Units: 12
Bathrooms: Yes
Full Baths: Yes

Unit 2

Unit #: 102
Unit Description: main floor
Identical Units: 8
Bathrooms: Yes
Full Baths: Yes

Unit 3

Unit #: 103
Unit Description: main
Bathrooms: Yes
Full Baths: Yes

Unit 4

Unit #: 104
Unit Description: main floor
Bathrooms: Yes
Full Baths: Yes

Unit 5

Unit #: 105
Unit Description: main floor
Bathrooms: Yes
Full Baths: Yes

Unit 6

Unit #: 106
Unit Description: main floor
Bathrooms: Yes
Full Baths: Yes

Unit 7

Unit #: 107
Unit Description: 107
Bathrooms: Yes
Full Baths: Yes

Unit 8

Unit #: 108
Unit Description: 108
Bathrooms: Yes
Full Baths: Yes

Unit 9

Unit #: 109
Unit Description: 109
Bathrooms: Yes
Full Baths: Yes

Unit 10

Unit #: 110
Unit Description: 110
Bathrooms: Yes
Full Baths: Yes

Unit 11

Unit #: 201
Unit Description: 201
Bathrooms: Yes
Full Baths: Yes

Unit 12

Unit #: 202
Unit Description: 202
Bathrooms: Yes
Full Baths: Yes

Property Features

Laundry Features: Common Area; Laundry Room; Main Level Exterior Material: Vinyl Siding Roofing: Composition Substructure: Slab Sewer: Septic Tank Water: Public Water Utilities Attached: Electricity Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet Owner Pays: Water Tenant Pays: Electric Heat Source: Electric Heat Type: Baseboard Air Conditioning: Window Unit(s) Driveway: Asphalt Street Type: Paved Mineral Rights: Unknown Terms Available: Cash Possession: Close Of Escrow Sale Conditions: None

Listing Office: Integra Realty LLC

Listing Agent: Jill G Vella

Last Updated: August - 21 - 2026

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