104 Grand Avenue, Mount Clemens, MI 48043
MULTI_FAMILY - Colonial - Mt. Clemens, MI
- Added:
- May 11, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 27 at 5:06 am
Property Features for 104 Grand Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bathroom 1, Bathroom 5, Bedroom 3, Bathroom 3, Basement, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 4
- Parking
- 8
- Pets allowed
- Call
- Standard status
- Active
- APN
- 1111380012
- Size
- 1,969 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- HUBBARDS ADDITION BLOCK 2 LOT 22 EXC E 40 FT & E 1/2 LOT 23
- Tax Annual Amount
- 6166
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Vinyl
- Architectural style
- Colonial
Listing agent Dylan Tanaka License #6506046373 (888) 501-7085
Listing office EXP Realty Main 39555 Orchard Hill Place Ste 600, Royal Oak, MI (888) 501-7085
Listing date May 11, 2026
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied 5‑unit multifamily property in Mount Clemens
- Separate utilities for each unit
- Stabilized setup with long‑term tenants
- Strong cash flow potential
- Well‑cared‑for property
- Ideal for investors, 1031 exchange buyers, or portfolio expansion
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.2k | $18.36 |
| − Vacancy | −$2.5k | −$1.29 |
| EGI | $33.6k | $17.07 |
| − OpEx | −$15.1k | −$7.68 |
| NOI | $18.5k | $9.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mount Clemens
- County
- Macomb
- State
- Michigan
- Longitude
- -82.886412
- Latitude
- 42.600434
