Two-bedroom historic home with basement and detached 2-car garage
Sales comparison approach using nearby comparable sales within the last 6 months. Adjusted for size, condition, and lot size.
This 1910 bungalow sits on a generous 0.19-acre level lot and immediately presents itself as a practical renovation or rental opportunity. The single-story footprint — compact at 612 square feet — centers on original wood floors and a simple, functional layout: two bedrooms, a full bath, and living spaces that read well for modest updates. A full basement expands the home's usable square footage for storage or finished living space, and the detached two-car garage provides secure off-street parking and workshop potential.
On arrival you’ll notice the wide lot and unpaved parking area that currently serves the property; these are practical features for an investor who wants room for outdoor projects, tools, or a new driveway. The roof is asphalt shingle; heating is provided by forced air. There is no cooling system on record, so buyers should plan for HVAC evaluation as part of any renovation scope. Utilities are public for water and sewer, and natural gas service is available.
Location is a quiet, residential corner of Springfield within the Battle Creek MSA. Schools are nearby — Valley View Elementary (about 1.7 miles), Springfield Middle (about 1.9 miles) and Battle Creek Central High (about 1.9 miles) — making the parcel appealing to families once updated. R-3 One-Family Residential zoning offers straightforward single-family use and predictable permitting for standard residential improvements.
Recent comparable sales in the neighborhood support a modest valuation range: nearby bungalows and small homes have closed in the $70k range with price-per-square-foot figures around $107–114. Our sales-comparison analysis places fair market value for this property between $50,000 and $70,000, with a midpoint near $60,000. Local rental comparables and an internal rental estimate suggest an achievable rent near $600/month following renovation, representing a potentially attractive gross yield for investors.
This property will reward buyers who assess the systems, update utilities and HVAC, and invest in targeted exterior improvements to boost curb appeal. Whether you plan to renovate and resell or convert to a long-term rental, 14 Military Street is a straightforward, well-located small-bungalow opportunity in a steady local market.
14 Military Street, Springfield, Michigan 49037
Springfield is a quiet, residential pocket inside the Battle Creek MSA that appeals to buyers seeking small-town streets and easy access to city amenities. The neighborhood provides straightforward access to local schools, modest retail corridors, and community services. Home styles here skew toward early-20th-century bungalows and modest single-family houses; lots tend to be larger than in denser urban blocks. For families and investors, the area’s proximity to schools and Battle Creek services creates a practical, community-oriented lifestyle with lower price points than core urban neighborhoods.
Moderate access to outdoor recreation: neighborhood parks and green spaces are nearby with additional trails, golf and regional parks available within a short drive in the Battle Creek area.
Springfield and the surrounding Battle Creek MSA are presently tilted toward sellers at the neighborhood level, with area listings averaging 58 days on market. Median sale prices in the broader local market are reported near $123,000, but small bungalows and starter homes trade materially lower—recent comps within a few blocks closed between roughly $70,000 and $76,000 and produced price-per-square-foot figures in the $107–114 range. Using those comps, the sales-comparison approach produces an estimated value range of $50,000–$70,000 for this 612-square-foot bungalow; midpoint valuation is approximately $60,000.
Inventory indicators at the hyperlocal level are thin, and demand for affordable, small homes remains steady among investors and entry buyers, which creates opportunities for renovated properties to quickly absorb. Rental comparables and internal estimates indicate an achievable monthly rent near $600 (rent-per-sf estimate 0.98), with a projected gross yield around 12%—attractive for buy-and-hold strategies if renovation costs are controlled. Buyers should verify property condition and obtain contractor bids: the home's age (built 1910) means hidden costs are possible. For renovators and investors comfortable with moderate rehab, current conditions present a compelling entry point in a market where well-updated small homes often outpace available supply.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Context only—not an investment recommendation or guarantee of achievable rent.
Routine buyer due diligence items; these are not known defects.
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