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Mount Clemens Multifamily Investment Opportunity

104 Grand Ave Mount Clemens, MI 48043

104 Grand Ave, Mount Clemens, MI, 48043
$239,900
For Sale
Claim this Listing
$239,900

Fully occupied 5-unit building in Mount Clemens with long-term tenants.

AddedMay 12
Days on Market64
Last RefreshJul 3 at 3:58 am

Property Features for 104 Grand Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1900

Listing office eXp Realty

Listing date May 12, 2026

Source Elliman

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 eXp Realty


Investment Insights

Based on property information with market context.

This is a fully occupied 5-unit multifamily property located in Mount Clemens. The well-maintained income property features long-term tenants and separate utilities. It is suitable for investors seeking to expand their rental portfolio, generate steady cash flow, or explore a BRRR-style strategy. The building offers a clean starting point with full occupancy and an established tenant history. It is perfect for new or experienced real estate investors and 1031 exchange buyers looking to add a stabilized multifamily property to their portfolio. The property has a walk score of 44, indicating that it is car-dependent, and a bike score of 47, indicating that it is somewhat bikeable.

Key Highlights

  • Fully occupied 5‑unit multifamily property
  • Separate utilities for each unit
  • Stabilized income property with long‑term tenants

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Travel Agency

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

FAQs

What type of property is this?
Apartment building - Fully occupied 5-unit building in Mount Clemens with long-term tenants.
Where is this apartment building located?
The property is located at 104 Grand Ave Mount Clemens, 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: Fully occupied 5‑unit multifamily property; Separate utilities for each unit; Stabilized income property with long‑term tenants
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