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30-Unit Apartment Building
For Sale
$575,000
Pending

410 Lippincott Blvd, Flint, MI 48503

Renovated two-building apartment property with studio, one-bedroom, and two-bedroom residences near the I-69 and I-475 corridor.

Property Size21,750 SF
Days on Market50

Property Features for 410 Lippincott Blvd

General Information

Standard status Pending
Size 21,750 SF
Property subtype Multi-Family

Units

Unit Mix 2 x studio, 12 x 1BR/1BA, 16 x 2BR/1BA
Multifamily Units 30

Additional Details

Highway Access Yes

Building Details

Year Built 1958
Buildings 2
Listing Agency: Five Star Real Estate - Mitchell St Cadillac
Listed By: Oak & Stone Real Estate
Source: Oakandstonerealestate
Added: Aug 30 Changed: Oct 16 Last Checked: Oct 16 at 8:52AM

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 Five Star Real Estate - Mitchell St Cadillac

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Investment Insights

Based on property information with market context.

Village Shores Apartments comprises two residential buildings totaling 30 units and 21,750 square feet. The property was built in 1958 and has received renovations over time. Unit composition includes 2 studios, 12 one-bedroom/one-bathroom residences, and 16 two-bedroom/one-bathroom residences.

Located in Flint, the apartments occupy a peninsula bordered by Thread Lake and sit near the I-69 and I-475 corridor. The combination of multiple unit layouts, established improvements, and access to the regional highway network creates a clearly defined multifamily offering.

Key Highlights

  • 30 units across two apartment buildings
  • 21,750‑square‑foot multifamily property built in 1958
  • Unit mix includes 2 studios, 12 one‑bedroom/one‑bathroom units, and 16 two‑bedroom/one‑bathroom units

Property Analytics

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Current Use

Village Shores Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Restaurant Skin Care Clinic 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

30
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby

Demographics for 48503, MI

21,743
Population
11,823
Households
1.8
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
8.5 sq mi
ZIP Area
2,558
Density / Sq Mi
$40,155
Median Household Income
$29,689
Median Earnings
$842
Median Rent
$75,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated two-building apartment property with studio, one-bedroom, and two-bedroom residences near the I-69 and I-475 corridor.
Where is this apartment building located?
The property is located at 410 Lippincott Blvd Flint, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 30 units across two apartment buildings; 21,750‑square‑foot multifamily property built in 1958; Unit mix includes 2 studios, 12 one‑bedroom/one‑bathroom units, and 16 two‑bedroom/one‑bathroom units
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