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Vinyl Siding Multifamily Building
For Sale
$349,900

129 S East Street, Morenci, MI 49256

MULTI_FAMILY - Morenci, MI

Property SizeContact for details
Lot Size0.36 Acres
Days on Market15

Property Features for 129 S East Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 5
Rooms Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 5, Basement, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 1
Parking 5
Parking features Driveway
Basement Partial
Elementary school district Morenci
Middle school district Morenci
High school district Morenci
Standard status Active
APN XM0-300-0648-00
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THAT PART OF LOT 64 BEG AT SW COR OF LOT 63 RUNN TH S 1 35'E ALG E LI OF EAST ST 95.20 FT TH N 88 29'E 166.81 FT TH N 2 12'W 93.63 FT TO S LI LOT 63 TH S 89 01'W 165.80 FT TO POB ASSESSORS PLAT NO 1 OF THE CITY OF MORENCI
Tax Annual Amount 3203
Legal Description THAT PART OF LOT 64 BEG AT SW COR OF LOT 63 RUNN TH S 1 35'E ALG E LI OF EAST ST 95.20 FT TH N 88 29'E 166.81 FT TH N 2 12'W 93.63 FT TO S LI LOT 63 TH S 89 01'W 165.80 FT TO POB ASSESSORS PLAT NO 1 OF THE CITY OF MORENCI

Utilities

Heating system Baseboard

Building Details

Year built 1900
Number of units 5
Building materials Vinyl Siding
Listing Agency: Gerig Realty
Listed By: Jaime Gerig Poling
Added: Jul 29 Changed: Jul 31 Last Checked: Aug 12 at 9:06AM
MLS# 26039753

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Multifamily apartment building on a 15,682 square foot (0.36-acre) lot in Morenci, Michigan. The property is described as having five or more residential units and is supported by a 1900 build date. Exterior materials include vinyl siding, and heating is provided via baseboard units. Parking is listed as driveway.

The interior room list includes a basement plus six bedrooms and five bathrooms, supporting flexible residential layouts for leasing.

With its multi-unit configuration and substantial lot size, the property can serve investors looking to add or maintain a diversified residential leasing strategy in Lenawee County.

Key Highlights

  • Five or more residential units
  • 15,682 square foot lot (0.36 acres)
  • Vinyl siding exterior

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby

Demographics for 49256, MI

3,909
Population
1,608
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
60.5 sq mi
ZIP Area
65
Density / Sq Mi
$60,982
Median Household Income
$32,056
Median Earnings
$778
Median Rent
$112,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building with vinyl siding, baseboard heating, and driveway parking on a sizable Morenci lot.
Where is this apartment building located?
The property is located at 129 S East Street Morenci, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Five or more residential units; 15,682 square foot lot (0.36 acres); Vinyl siding exterior
More about this property
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