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Mixed-Use Property with Duplex
For Sale
$155,000

317 & 321 S Gould Street, Owosso, MI 48867

Combined residential and commercial improvements include a duplex, processing building, and pole building.

Property SizeContact for details
Lot Size0.80 Acres
Days on Market139

Property Features for 317 & 321 S Gould Street

General Information

Standard status Active
Lot size 0.80 Acres
Property subtype Multi-Family
Zoning B2

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

Wall/Window Unit(s)
Forced Air
Natural Gas
Water Front, Shingle

Building Details

Year Built 2001
Listing Agency: Berkshire Hathaway HomeServices
Listed By: Kelly Bila · License #6501276169
Source: Kw
Added: Apr 15 Changed: Aug 31 Last Checked: Aug 31 at 12:27AM

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 Berkshire Hathaway HomeServices

Investment Insights

Based on property information with market context.

This mixed-use property combines a residential duplex with a separate commercial building and additional pole building on 0.80 acres. The duplex includes a vacant main-level apartment with two bedrooms, one bathroom, and main-floor laundry, plus an upper apartment with one bedroom and one bathroom. A basement, two storage sheds, and ample parking are also included.

The commercial building is currently used as a deer processing shop. Its rear area contains a skinning room with trolleys, meat-handling hooks, and a refrigeration cooler with hanging hardware hooks. The property is zoned B2 and has riverfront features. Built in 2001, the site also includes a 30x30 pole building, while the property’s systems include forced air, natural gas, and wall/window unit cooling.

Key Highlights

  • Mixed‑use property with a duplex and separate commercial building
  • 0.80‑acre riverfront property zoned B2
  • Duplex includes 2‑bedroom and 1‑bedroom units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Skin Care Clinic HVAC Service Electrical Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

378
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined residential and commercial improvements include a duplex, processing building, and pole building.
Where is this mixed-use property located?
The property is located at 317 & 321 S Gould Street Owosso, MI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Mixed‑use property with a duplex and separate commercial building; 0.80‑acre riverfront property zoned B2; Duplex includes 2‑bedroom and 1‑bedroom units
More about this property
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