6-Unit Apartment
New
For Sale
$250,000
204 Michigan Ave, Owosso, MI 48867
The property offers one-bedroom layouts with month-to-month lease terms.
Property Size3,512 SF
Days on Market5
Property Features for 204 Michigan Ave
General Information
Standard status
Active
Size
3,512 SF
Property subtype
Investment
Units
Unit Mix
6 x 1BR
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$2,955
Building Details
Building Size
3,512 SF
Year Built
1900
Units
6
Listing Agency:
RICHARD SELLECK AGENCY
(989) 725-2188
Listed By:
Mike Selleck · License #650210427
(989) 725-2188
Source:
Elliman
Added: Aug 16
Changed: Aug 17
Last Checked: Aug 20 at 9:45AM
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 RICHARD SELLECK AGENCY
Investment Insights
Based on property information with market context.
This apartment building contains 6 one-bedroom units on a corner lot. Built in 1900, the property is configured for residential occupancy with month-to-month leases, providing a straightforward lease structure for the existing apartments.
Tenants are responsible for electric service, while the landlord covers gas, water, and garbage. Showings require 48 hours’ notice. The property is located at 204 Michigan Ave in Owosso, MI 48867, with a Walk Score of 52 and Bike Score of 47.
Tenants are responsible for electric service, while the landlord covers gas, water, and garbage. Showings require 48 hours’ notice. The property is located at 204 Michigan Ave in Owosso, MI 48867, with a Walk Score of 52 and Bike Score of 47.
Key Highlights
- 6 one‑bedroom apartments
- Corner‑lot setting
- Month‑to‑month leases
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
Explore this area
Business Placement
Demographics for 48867, MI
27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
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 - The property offers one-bedroom layouts with month-to-month lease terms.
Where is this apartment building located?
The property is located at 204 Michigan Ave Owosso, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 6 one‑bedroom apartments; Corner‑lot setting; Month‑to‑month leases
