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    Clinton Township, MI Clinton Twp, MI Harrison Township, MI Harrison Twp, MI Macomb, MI Chesterfield Township, MI New Baltimore, MI Fraser, MI
    5-Unit Apartment Building
    Updated: May 11
    5-Unit Apartment Building

    Mount Clemens, MI 48043

    $239,900
    1,969 sqft 0.17 AC lot
    Fully occupied 5‑unit apartment building zoned Multi‑Family
    Separate utilities for the units
    0.17‑acre lot
    1,969 square feet
    Colonial style with vinyl construction; built in 1900
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    This listing looks promising.

    Here's a quick look at some key insights for

    104 Grand Avenue, Mt. Clemens, MI 48043

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Mortgage

      $155K
      Jul 2022

    • Last Sold

      Jul 2022
      $140K
    View Property Analytics
    Mount Clemens Multifamily Investment Opportunity
    Updated: May 12
    Mount Clemens Multifamily Investment Opportunity

    104 Grand Ave, Mount Clemens, MI 48043

    $239,900
    Fully occupied 5‑unit multifamily property
    Separate utilities for each unit
    Stabilized income property with long‑term tenants
    Strong cash flow potential
    Suitable for BRRR strategy
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    Two-Story Multifamily Apartment Building
    Two-Story Multifamily Apartment Building

    825 Clinton River Dr, Mount Clemens, MI 48043

    Contact for pricing
    23,475 sqft

    Two-story, 1968-built multifamily with 95% occupancy, mix of one- and two-bedroom units, and updated hot water boilers.

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    Mount Clemens Redevelopment Opportunity
    Mount Clemens Redevelopment Opportunity

    67 Cass Ave, Mount Clemens, MI 48043

    Contact for pricing
    60,000 sqft 1.23 AC lot

    Former Macomb Daily Building in downtown Mount Clemens for sale.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Clemens, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    75-Unit Apartment Building
    75-Unit Apartment Building

    27010 Wentworth Drive, Roseville, MI 48066

    Contact for pricing
    47,808 sqft

    Single-story apartment community with RM-1 multiple-family residential zoning in Roseville, Michigan.

    View details
    Brownstones of Warren Investment Opportunity
    Brownstones of Warren Investment Opportunity

    29451 Hoover Rd, Warren, MI 48093

    Contact for pricing

    Eight townhomes built in 2020, fully leased, premium finishes.

    View details
    Garden-Style Apartment Community
    Garden-Style Apartment Community

    27010 Wentworth Dr, Roseville, MI 48066

    Contact for pricing

    75-unit garden-style apartment community is 96% occupied with ranch units offering separate entries and in-unit washer/dryer hookups.

    View details
    Clean End Unit Apartment
    Clean End Unit Apartment

    8210 Hettenberger, Warren, MI 48093

    $95,000

    Clean end unit with hardwood floors and included utilities.

    View details

    Mount Clemens, MI Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Mount Clemens, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 85,444 square feet of properties for sale, with an estimated market value of $479,800.

    Sale prices for two-family homes in Mount Clemens, MI average $239,900 — 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 16K
    Population Growth (5Y) -5.3%
    Median Household Income $57,315
    College Educated 11.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48043 $239.9K

    Taxes & Financing

    Tax Rate (average for all types) 5.08%
    Property Tax per SF $70.42 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

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    Office

    Property Size Breakdown

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

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