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Williamston Triplex with Income Potential
For Sale
$239,900
Pending

2359 E GRAND RIVER Road, Williamston, MI 48895

Three-unit income property in Williamston, MI with tenant income.

Property Size3,369 SF
Lot Size0.52 Acres
Days on Market621

Property Features for 2359 E GRAND RIVER Road

General Information

Standard status Pending
Size 3,369 SF
Lot size 0.52 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $5,944

Building Details

Year Built 1900
Listing Agency: RE/MAX Real Estate Professionals
Listed By: Jason Van Sickle · License #6501384312
Source: Exitrealty
Added: Dec 11, 2024 Changed: Aug 23 Last Checked: Aug 24 at 3:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Professionals

Investment Insights

Based on property information with market context.

This is a three-unit income property located in Williamston, MI. The main home features 3 bedrooms and 1.5 bathrooms with an unfinished basement. The second unit includes 2 bedrooms and 1 bathroom, and the third unit is a 1 bedroom, 1 bathroom cottage. The property sits on a 0.52-acre lot. Separate gas and electric meters are in place. The main home has been recently remodeled and includes stainless steel appliances. The property is located in a car-dependent area.

Key Highlights

  • Income‑generating property with two tenant units already in place
  • Main residence is a 3 bed, 1.5 bath unit
  • Separate gas and electric meters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Auto Parts Store Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

Demographics for 48895, MI

11,472
Population
5,019
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
97%
High-School Grad
82.9 sq mi
ZIP Area
138
Density / Sq Mi
$100,565
Median Household Income
$57,330
Median Earnings
$1,005
Median Rent
$272,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Three-unit income property in Williamston, MI with tenant income.
Where is this multifamily property located?
The property is located at 2359 E GRAND RIVER Road Williamston, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Income‑generating property with two tenant units already in place; Main residence is a 3 bed, 1.5 bath unit; Separate gas and electric meters for each unit
More about this property
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