Search
7-Unit Apartment Building with Porches
New
For Sale
$595,000

1523 Saint Clair River Drive, Algonac, MI 48001

MULTIFAMILY, Algonac, MI

Property Size4,565 SF
Lot Size0.17 Acres
Price / SF$130.34
Days on Market2

Property Features for 1523 Saint Clair River Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family, Residential
Bedrooms 8
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 6, Bedroom 3, Bathroom 7, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 8, Bathroom 5
Parking features On Street
Patio and Porch features Porch, Deck
Interior features 9 ft + Ceilings
Exterior features Deck, Porch
Appliances Range/Oven, Refrigerator
Subdivision Village Of Algonac
Lot features Sidewalks
Elementary school district Algonac Community School District
Middle school district Algonac Community School District
High school district Algonac Community School District
Standard status Active
APN 01-105-0444-000
Size 4,565 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 6439

Utilities

Heating system Forced Air, Oil
Cooling system Ceiling Fan(s), Central Air
Water source Public

Amenities

coin-op washer/dryer
common porches

Building Details

Year built 1995
Floors in Building 2
Number of units 7
Architectural style Colonial
Listing Agency: Professional Leasing & Sales LLC
Listed By: Robert D Kluck · License #6502364544
Added: Aug 25 Last Checked: Aug 26 at 10:06AM
MLS# 50219776

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.

Investment Insights

Based on property information with market context.

This 7-unit apartment property contains 4,565 square feet on a 0.17-acre parcel. Interior improvements completed within the last 5 years include new flooring, tiled bathrooms, fresh paint, and updated interior sewer lines. The building also offers coin-operated laundry, 9-foot-plus ceilings, forced-air oil heat, central air, and ceiling fans. Units are equipped with ranges and refrigerators, while parking is available on the street.

Located in Algonac, the property has river views from the front windows and porch. A church and city building are identified as neighboring properties. Separate gas and electric meters serve the units, and a dedicated dumpster area provides trash service. Shared porches and decks add outdoor common areas to the Colonial-style building, constructed in 1995.

Key Highlights

  • 7‑unit apartment property with 4,565 square feet of building area
  • 0.17‑acre parcel in Algonac, MI
  • Interior updates completed within the last 5 years, including flooring, tile bathrooms, and paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Hair Salon

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

Lease Details

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 48001, MI

11,721
Population
5,787
Households
2
Avg Household Size
50
Median Age
18%
College-Educated
94%
High-School Grad
19.0 sq mi
ZIP Area
617
Density / Sq Mi
$64,538
Median Household Income
$35,987
Median Earnings
$921
Median Rent
$250,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated interiors, shared outdoor spaces, and separately metered gas and electric support the property’s residential configuration.
Where is this apartment building located?
The property is located at 1523 Saint Clair River Drive Algonac, MI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 7‑unit apartment property with 4,565 square feet of building area; 0.17‑acre parcel in Algonac, MI; Interior updates completed within the last 5 years, including flooring, tile bathrooms, and paint
More about this property
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