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    5826 Andersonville Rd Waterford, MI 48329

    Sponsored
    For Sale
    $349,000

    Colonial - Waterford, MI

    Property size:
    2,252 SF
    Lot size:
    0.16 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 5826 Andersonville Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family,Office,Residential
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    5
    APN
    1304104013
    Parking
    3
    Exterior features
    All Sports Lake
    Size
    2,252 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water front features
    All Sports Lake, Van Norman Lake

    Building Details

    Year built
    1928
    Year renovated
    2018
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Colonial

    Real Living Metro Real Estate (248) 787-7895 [email protected]

    Listing agent Lance Shamoo (248) 787-7895

    Listing date Jan 3, 2026

    MLS# 20240086808 Listing URL

    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.

    Overview

    Waterfront Multifamily with Unique Features

    This multifamily property is located on the private, all-sports Van Norman Lake. Constructed in 1917, the 2,252 square foot home has been recently updated and has 3 official licensed rentals. The property includes 5 bedrooms, 3 full baths, and 2 fireplaces. It also features a business office with a small art gallery. The property includes a 200 square foot furnished cottage with a natural fireplace, as well as a 32 foot custom-built Mississippi River paddle boat with a custom dock. The lot size is 0.16 acres. The property's zoning allows for multi-family, office, and residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4038215
    Latitude
    42.70201

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    FAQs

    What type of property is this?
    Multifamily property - Updated multifamily property on Van Norman Lake with unique amenities.
    Where is this multifamily property located?
    The property is located at 5826 Andersonville Rd Waterford, MI.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Waterfront property on private all-sports Van Norman Lake.; - Multi-family home with 3 licensed rental units.; - Includes a 32-foot custom-built Mississippi River paddle boat and custom dock.
    (248) 787-7895
    Request Owner's contact information
    5826 Andersonville Rd Waterford, MI 48329
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    Realmo Value Estimation

    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.

    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.

    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
    5826 Andersonville Rd Waterford, MI 48329
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