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Multi-Family Apartment Building
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36581 Hathaway Street, New Baltimore, MI 48047

Apartment building offering 42 units and positioned as a value-add opportunity in a growing lakeshore community.

Days on Market11

Property Features for 36581 Hathaway Street

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 42

Building Details

Year Built 1973
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Alessandro Bortolotti · License #MI 6501452350
Source: Crexi
Added: Jul 20 Changed: Jul 24 Last Checked: Jul 30 at 5:17AM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This 42-unit apartment building presents a value-add opportunity for buyers seeking multifamily income potential. The property is offered for sale as part of a growing lakeshore community.

Additional details on unit mix, building configuration, and condition were not provided. Interested parties should confirm operating history, current rents, and any needed capital planning during due diligence.

Key Highlights

  • 42‑unit apartment building
  • Built in 1973

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Accounting Firm Daycare Center

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

42
Residential units

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby

Demographics for 48047, MI

39,775
Population
16,765
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
18.0 sq mi
ZIP Area
2,210
Density / Sq Mi
$95,381
Median Household Income
$50,151
Median Earnings
$1,109
Median Rent
$297,600
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?
Apartment building - Apartment building offering 42 units and positioned as a value-add opportunity in a growing lakeshore community.
Where is this apartment building located?
The property is located at 36581 Hathaway Street New Baltimore, MI.
What are key features of this property?
This property features: 42‑unit apartment building; Built in 1973
(248) 488-2620 Call to check price and availability
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