Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1719 Saint Clair River Dr Algonac, MI 48001

    Sponsored
    For Sale
    $235,000

    Multi-Family, 2 Story - Algonac, MI

    Property size:
    2,060 SF
    Lot size:
    0.21 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 23 at 11:06 am

    Property Features for 1719 Saint Clair River Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    APN
    01-129-0115-000
    Parking features
    Garage, Garage - Detached
    Patio and Porch features
    Deck
    Exterior features
    Laundry Facility, Deck
    Basement Y/N
    1
    Size
    2,060 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    3
    Building materials
    Vinyl Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Maria McGuire
    Maria McGuire

    RE/MAX Advisors (586) 725-1900

    Listing agent Maria McGuire (586) 725-1900 License #6504242665

    Listing date Jan 21, 2026

    MLS# 50197936 Listing URL

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Algonac Multi-Family Investment Opportunity

    This multi-family property, currently configured as a three-unit residence, presents an investment opportunity. It can be used as a three-unit or converted back to a four-unit configuration. Each apartment features one bedroom, a full bath, central air conditioning, and an exterior deck. A large convenience room with a nook and a laundry facility are located in the basement. The property is situated on a 0.21-acre lot. The building has a total area of 2060 square feet. Located minutes from Algonac State Park and scenic river views, the property is zoned for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Algonac
    County
    St. Clair
    State
    Michigan
    Longitude
    -82.527538
    Latitude
    42.623103

    Nearby Similar for Sale

    • $350,000
      4,400 SF

      Established Waterfront Bar/Restaurant For Sale

      Turn-key bar and restaurant with living space and waterfront views.
      9724 Pearl Beach Blvd, Clay, MI 48001
      View Details
    • New
      $425,000
      3,664 SF

      Iconic Riverfront Commercial Space Available

      Unique Algonac commercial property with flexible space and river views.
      301 Summer St, Algonac, MI 48001
      View Details
    • $300,000
      1,926 SF

      Waterfront Commercial Property with Bay Doors

      Versatile commercial space with water views and high visibility.
      1309 St. Clair Riv, Algonac, MI 48001
      View Details
    • New
      $699,900
      4,565 SF

      Algonac Multi-Unit Investment Opportunity

      Seven-unit property in downtown Algonac with recent updates and strong rental potential.
      1523 Saint Clair River Dr, Algonac, MI 48001
      View Details
    • $574,000

      Waterfront Multifamily Income Property

      Income-producing waterfront property with four units and ample land.
      6123 Pointe Tremble Rd, Algonac, MI 48001
      View Details
    • $200,000
      1,129 SF

      Riverside Condo with Water Views

      Well-maintained condo with river views, two bedrooms, and two baths.
      9200 River Rd, Clay Twp, MI 48001
      View Details
    • Contact for pricing
      4 SF

      Neighborhood Shopping Center with Kroger

      Neighborhood shopping center anchored by Kroger and Dollar Tree.
      2600 Pointe Tremble Rd, Algonac, MI 48001
      View Details
    • $495,000
      5,953 SF

      Industrial Property in Clay, MI

      5,953 SF industrial property available for sale.
      1878 Fruit St, Clay, MI 48001
      View Details
    • $1,699,900
      4,041 SF

      Prime Clay Marina & Waterfront Property

      Profitable waterfront business, exceptional location.
      7479 Dyke Rd, Clay, MI 48001
      View Details
    • $2,600,000
      12,977 SF

      Algonac Storefront - $2.6M

      Prime Algonac retail space, 12,977 SF, vacant.
      1025 St Clair Riv Dr, Algonac, MI 48001
      View Details
    • $559,900
      4,400 SF

      9724 Pearl Beach Blvd, Clay, MI 48001

      Industrial properties • 4,400 SF
      9724 Pearl Beach Blvd, Clay, MI 48001
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit property near Algonac State Park with potential for conversion.
    Where is this triplex located?
    The property is located at 1719 Saint Clair River Dr Algonac, MI.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Potential for rental income and property appreciation.; - Can be used as a three-unit or converted back to a four-unit property.; - Each unit features one bedroom, a full bath, central air conditioning, and a deck.
    (586) 996-4059
    Request Owner's contact information
    1719 Saint Clair River Dr Algonac, MI 48001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1719 Saint Clair River Dr
    Algonac, MI 48001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1719 Saint Clair River Dr Algonac, MI 48001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Maria McGuire
    Maria McGuire
    Real Estate License ID: 6504242665
    (586) 996-4059
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.