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5645 E Grand River Ave, Howell, MI, 48843
10-Unit Multifamily with Coin Laundry

5645 E Grand River Ave Howell, MI 48843

New
For Sale
$975,000

Turnkey 10-unit apartment building with coin laundry, recent roof replacement, and new AC throughout the property.

Days on Market3

Property Features for 5645 E Grand River Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1950
Listing Agency: United Realty Services
Listed By: Ryann Brier
Source: Elliman
Added: Jul 28 Changed: Jul 30 Last Checked: Jul 30 at 2:07AM

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 United Realty Services

Investment Insights

Based on property information with market context.

This turnkey 10-unit apartment building includes coin laundry on site and provides a straightforward multifamily setup for long-term tenants. The property was built in 1950 and includes additional capital improvements aimed at reducing near-term maintenance needs, including a brand new roof in 2026, new AC throughout the whole building, and a new tankless water heater.

The property is located at 5645 E Grand River Ave in Genoa Township, Michigan (Livingston County). The area is described with bikeScore 28 (somewhat bikeable) and walkScore 22 (car-dependent), which can be helpful when evaluating tenant commuting preferences and accessibility.

The current tenant mix includes a stable base of long-term Section 8 tenants, with four tenants identified as Section 8. The property is presented with an 11% cap rate based on the information provided, along with owner-reported operating expenses averaging approximately $1,916 per month.

Key Highlights

  • 10‑unit apartment building with coin laundry
  • Brand new roof installed in 2026
  • New AC throughout the whole building

Property Analytics

Location Intelligence

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Restaurant Electrical Service Law Firm (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 10-unit apartment building with coin laundry, recent roof replacement, and new AC throughout the property.
Where is this apartment building located?
The property is located at 5645 E Grand River Ave Howell, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 10‑unit apartment building with coin laundry; Brand new roof installed in 2026; New AC throughout the whole building
More about this property
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