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    Historic Howell Multifamily Investment Opportunity
    Updated: Jan 24, 2024
    Historic Howell Multifamily Investment Opportunity

    121 S COURT Street, Howell, MI 48843

    $650,000
    5,472 sqft 0.11 AC lot
    Historic colonial multifamily building built in 1920
    Vinyl exterior with forced‑air heating and public water
    Remodeled with updates while preserving historic character (per public remarks)
    Currently fully occupied by tenants; an acceptable offer is required for viewing
    Includes a basement plus multiple bedrooms and bathrooms listed on the property: Bedrooms 1‑4 and Bathrooms 1‑7
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    This listing looks promising.

    Here's a quick look at some key insights for

    121 S COURT Street, Howell, MI 48843

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Mortgage

      $360K
      Sep 2019

    • Last Sold

      Jul 2003
      $165K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Turnkey 10-Unit Apartment Building
    Updated: Jan 19
    Turnkey 10-Unit Apartment Building

    5645 E Grand River Avenue, Howell, MI 48843

    $975,000
    0.29 AC lot
    10‑unit multifamily generating $11,300/month gross rental income
    Recent capital improvements: new roof (2026), new AC throughout, and a new tankless water heater
    Coin laundry on‑site
    Heating and cooling include forced air and central air
    Roofing materials include rubber and composition
    View details
    Historic Multifamily Building in Howell
    Historic Multifamily Building in Howell

    121 S COURT St, Howell, MI 48843

    $650,000
    0.11 AC lot

    Remodeled historic multifamily building in downtown Howell, prime investment opportunity.

    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Howell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    12-Unit Residential Income Property
    12-Unit Residential Income Property

    28214 Oakmonte Cir W, New Hudson, MI 48165

    $3,350,000
    17,570 sqft

    Well-maintained 12-unit condo building with all units occupied and a mix of 2- and 3-bedroom layouts.

    View details
    12-Unit Multifamily Condo Building
    12-Unit Multifamily Condo Building

    28214-28234 Oakmonte Circle West, New Hudson, MI 48165

    Contact for pricing
    17,570 sqft

    Well-maintained 12-unit condo building with a mix of 2- and 3-bedroom units, all currently occupied.

    View details
    Luxury Townhome-Style Apartment Building
    Luxury Townhome-Style Apartment Building

    11375 Izik's Way, Brighton, MI 48116

    $10,100,000
    1,729 sqft

    26-unit townhome-style property with high-end finishes and attached garages.

    View details
    Seven-Unit Lakefront Apartment Building
    Seven-Unit Lakefront Apartment Building

    6180 Academy Dr, Brighton, MI 48116

    Contact for pricing

    Seven-unit apartment building with two lakefront lots currently used for parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details

    Off-Market Properties in Howell, MI

    Consider similar Off-Market properties in Howell, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1 Grand River Ave
    Multifamily properties

    1 Grand River Ave, Howell, MI 48855

    Value Estimation by Request
    25.00 AC lot
    View details

    Howell, MI Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Howell, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,472 square feet of properties for sale, with an estimated market value of $2,275,000.

    Sale prices for two-family homes in Howell, MI start at $650,000, averaging $758,333, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 64K
    Population Growth (5Y) +6.3%
    Median Household Income $95,004
    College Educated 23.3%

    High-Yield Neighborhoods for Investment

    Identify Howell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48843 $650K

    Taxes & Financing

    Tax Rate (average for all types) 2.79%
    Property Tax per SF $67.87 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Livingston County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Howell fall within the 10,000 to 25,000 square foot range.

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