Turnkey 10-Unit Apartment
5645 E Grand River Avenue Howell, MI 48843
For Sale
$975,000
MULTI_FAMILY - Howell, MI
Lot Size0.29 Acres
Days on Market189
Property Features for 5645 E Grand River Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Rooms
Bedroom 4, Bathroom 8, Bathroom 4, Bathroom 7, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 5, Bedroom 5, Bathroom 2, Bathroom 10, Bathroom 6, Bedroom 2, Bathroom 9, Bedroom 7, Bedroom 6, Basement, Bathroom 3
Parking
15
Parking features
Driveway
Basement
Full
Standard status
Active
APN
11-10-301-046
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC. 10 T2N, R5E, GLEN ECHO LOTS 46 AND 47
Tax Annual Amount
7061
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water front features
Lake
Water front
1
Building Details
Year built
1950
Number of units
10
Building materials
Vinyl Siding, Wood Siding
Roof type
Composition, Rubber
Listing Agency:
United Realty Services
(616) 965-2304
Listed By:
Ryann Brier
(734) 210-8543
Added: Jan 19
Changed: Jul 27
Last Checked: Jul 27 at 3:06PM
MLS# 26002193
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Investment Insights
Based on property information with market context.
Turnkey 10-unit apartment building offering well-maintained residential income with on-site coin laundry. Recent capital improvements include a brand new roof (2026), new AC throughout the building, and a new tankless water heater.
The property is located at 5645 E Grand River Avenue in Howell, Michigan (Livingston County). Owner-reported performance shows approximately $11,300 per month in gross rental income, with average operating expenses around $1,916 per month, along with a stated 11% cap rate based on the seller’s figures.
The tenant base is described as stable, including four long-term Section 8 tenants providing government-backed income.
The property is located at 5645 E Grand River Avenue in Howell, Michigan (Livingston County). Owner-reported performance shows approximately $11,300 per month in gross rental income, with average operating expenses around $1,916 per month, along with a stated 11% cap rate based on the seller’s figures.
The tenant base is described as stable, including four long-term Section 8 tenants providing government-backed income.
Key Highlights
- 10‑unit multifamily generating $11,300/month gross rental income
- Recent capital improvements: new roof (2026), new AC throughout, and a new tankless water heater
- Coin laundry on‑site
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 10-unit multifamily includes coin laundry and recent building systems updates for streamlined ownership.
Where is this apartment building located?
The property is located at 5645 E Grand River Avenue 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 multifamily generating $11,300/month gross rental income; Recent capital improvements: new roof (2026), new AC throughout, and a new tankless water heater; Coin laundry on‑site
