Search
Five-Unit Apartment Property
For Sale
$230,000

2345 N Cedar Street, Holt, MI 48842

Two-building multifamily property with on-site parking and a combination of owner- and tenant-paid utilities.

Property SizeContact for details
Days on Market206

Property Features for 2345 N Cedar Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 5

Amenities

Cable Ready
Forced Air
Natural Gas
Water Heater
High Speed Internet Available, Cable Available, Shingle

Building Details

Year Built 1920
Buildings 2
Listing Agency: Musselman Realty Company
Listed By: David Ledebuhr · License #6502109685
Source: Kw
Added: Feb 17 Changed: Sep 10 Last Checked: Sep 10 at 2:46PM

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 Musselman Realty Company

Investment Insights

Based on property information with market context.

This apartment property includes two structures containing five units in total: one building with four units and a second building with one unit. The 1920-built property offers on-site parking and includes forced-air heating, natural gas, water heaters, cable readiness, and available high-speed internet and cable service.

The property is located at 2345 N Cedar Street in Holt, Michigan. The owner currently covers forced-air heating in the main building, water, sewer, lawn care, and snow removal. Tenants pay electricity in both structures, along with gas for Unit 5 in Building 2.

Key Highlights

  • Two structures with 5 total units: one 4‑unit building and one 1‑unit building
  • Built in 1920
  • On‑site parking included

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Law Firm Parking Lot & Garage Skin Care Clinic Barber Shop (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

5
Residential units

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

Demographics for 48842, MI

21,548
Population
9,573
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,830
Median Household Income
$50,275
Median Earnings
$1,245
Median Rent
$211,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-building multifamily property with on-site parking and a combination of owner- and tenant-paid utilities.
Where is this apartment building located?
The property is located at 2345 N Cedar Street Holt, MI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two structures with 5 total units: one 4‑unit building and one 1‑unit building; Built in 1920; On‑site parking included
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