2150 Phillips Ave Holt, MI 48842

Building Details

Year Built

1988

Listing office c***@irgmi.com Show Phone

Listing date Jun 21, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This four-unit multifamily property is currently operated as an income-producing investment. The asset consists of four residential units and has seen recent capital improvements, including the replacement of two HVAC systems and the rehabilitation of one unit, which may help reduce near-term capital expenditure needs.

The property is located in Holt, with convenient access to Lansing and major employers, as well as shopping, dining, and transportation corridors. Additional financing and operating details, including a rent roll and leases, are available upon request.

For investors seeking a small-scale multifamily acquisition, this quadplex configuration can be a straightforward addition to an existing portfolio or an entry point into the local rental market. The combination of four income units and documented recent upgrades supports a practical underwriting starting point, with further financial information provided during due diligence.

Key Highlights

• Four‑unit multifamily property built in 1988, currently operated as an income‑producing rental investment
• Recent capital improvements include replacement of two HVAC systems
• One unit has been rehabilitated as part of recent improvements

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FAQs

What type of property is this?

Quadplex - Four residential units offer an income-producing setup with recent HVAC and unit rehabilitation completed.

Where is this quadplex located?

The property is located at 2150 Phillips Ave Holt, MI.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Four‑unit multifamily property built in 1988, currently operated as an income‑producing rental investment; Recent capital improvements include replacement of two HVAC systems; One unit has been rehabilitated as part of recent improvements