18-Unit Apartment
For Sale
Contact for pricing
1531 Renee Dr, Midland, MI 48640
Six single-story buildings provide private entrances, carports, storage, and laundry hookups.
Property SizeContact for details
Days on Market143
Property Features for 1531 Renee Dr
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
18
Building Details
Year Built
1960
Buildings
6
Stories
1
Listing Agency:
Hull Multifamily Advisors
Listed By:
Austin Hull · License #MI 6502430931
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 7:23PM
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 Hull Multifamily Advisors
Investment Insights
Based on property information with market context.
This 18-unit apartment community comprises six single-story buildings constructed in 1960. Each residence has separate front and rear entrances, no shared walls, a 360 SF carport, an exterior storage closet, washer and dryer hookups, and an individual gas furnace. Gas and electric service are separately metered to the units, while ownership provides water and trash service.
Recent capital work includes new roofs, 90% new windows, replacement six-panel entry doors, and new exterior paint. The property is located at 1531 Renee Dr in Midland, MI, alongside the M-20 highway. Historical occupancy has been 100%, with a waiting list and an average of 1 to 2 tenant move-outs per year.
Recent capital work includes new roofs, 90% new windows, replacement six-panel entry doors, and new exterior paint. The property is located at 1531 Renee Dr in Midland, MI, alongside the M-20 highway. Historical occupancy has been 100%, with a waiting list and an average of 1 to 2 tenant move-outs per year.
Key Highlights
- 18‑unit apartment community in six single‑story buildings
- 360 SF carport provided with each unit
- Separate front and rear entrances with no shared walls
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 48640, MI
31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six single-story buildings provide private entrances, carports, storage, and laundry hookups.
Where is this apartment building located?
The property is located at 1531 Renee Dr Midland, MI.
What are key features of this property?
This property features: 18‑unit apartment community in six single‑story buildings; 360 SF carport provided with each unit; Separate front and rear entrances with no shared walls
