Search
Six-Unit Apartment Building
New
For Sale
$250,000

204 Michigan Avenue, Owosso, MI 48867

MULTI_FAMILY - Owosso, MI

Property Size3,512 SF
Lot Size0.18 Acres
Price / SF$71.18
Days on Market1

Property Features for 204 Michigan Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bathroom 2, Bedroom 4, Bathroom 5, Basement, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 1
Patio and Porch features Porch
Exterior features Porch, Sidewalks
Lot features Corner Lot
Elementary school district Owosso Public Schools
Middle school district Owosso Public Schools
High school district Owosso Public Schools
Subdivision Owosso (78018)
Standard status Active
APN 050-651-003-015-00
Size 3,512 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2955

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 6
Listing Agency: Richard Selleck Agency
Listed By: Mike Selleck · License #650210427
Added: Aug 14 Last Checked: Aug 14 at 10:06PM
MLS# 50218566

Copyright © 2026 Greater Shiawassee Regional Board of Realtors. 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.

Built in 1900, this 3,512-square-foot apartment property contains six one-bedroom units and six bathrooms. The building includes a basement, forced-air heating, a porch, and sidewalk access. Public water serves the property, while unit utility responsibilities are divided between tenants and ownership: tenants pay electric, and the landlord pays gas, water, and garbage.

The property occupies a 0.18-acre corner lot at 204 Michigan Avenue in Owosso, Michigan. All six apartments are leased on a month-to-month basis, and showings require 48 hours' notice. The unit count, individual bedroom layouts, and existing multifamily configuration provide a clearly defined apartment-building format.

Key Highlights

  • Six one‑bedroom apartments in a single 3,512‑square‑foot building
  • Six bathrooms plus a basement
  • Located on a 0.18‑acre corner lot at 204 Michigan Avenue

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store Furniture & Home Goods HVAC Service (Bike/Boat/Book/etc) Store

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

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

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 - Historic multifamily property with six one-bedroom apartments, month-to-month leases, and a corner-lot setting.
Where is this apartment building located?
The property is located at 204 Michigan Avenue 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: Six one‑bedroom apartments in a single 3,512‑square‑foot building; Six bathrooms plus a basement; Located on a 0.18‑acre corner lot at 204 Michigan Avenue
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