10-Unit Apartment
5645 E Grand River Avenue, Howell, MI 48843
For Sale
$889,900
Multi Family, Howell, MI
Property SizeContact for details
Lot Size1.00 Acre
Days on Market11
Property Features for 5645 E Grand River Avenue
General Information
Property type
Property subtype
Bedrooms
Full bathrooms
Rooms
Parking
Parking features
Basement
Lot features
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water front features
Water front
Amenities
coin-operated laundry
Building Details
Year built
Number of units
Building materials
Roof type
Listing Agency:
United Realty Services
(616) 965-2304
Listed By:
Ryann Brier
(734) 210-8543
Added: Oct 30
Last Checked: Nov 9 at 6:06AM
MLS# 26057768
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10-unit apartment property was built in 1950 and includes three studio apartments and seven one-bedroom, one-bath units. The building has a new roof and tankless water heater, central air conditioning, forced-air heat, and coin-operated laundry. The property occupies 1 acre and includes driveway parking and lake waterfront.
All units are occupied. The rent roll includes tenants receiving Section 8 or state-paid housing assistance as well as conventional month-to-month tenants. The leases are month-to-month, and the reported cap rate is 11.68%.
All units are occupied. The rent roll includes tenants receiving Section 8 or state-paid housing assistance as well as conventional month-to-month tenants. The leases are month-to-month, and the reported cap rate is 11.68%.
Key Highlights
- 10 apartments: 3 studios and 7 one‑bedroom/one‑bath units
- 100% occupied; mix of housing‑assistance and conventional month‑to‑month tenants
- 11.68% cap rate
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Explore this area
Business Placement
Demographics for 48843, MI
47,704
Population
19,001
Households
2.5
Avg Household Size
41
Median Age
37%
College-Educated
95%
High-School Grad
89.6 sq mi
ZIP Area
532
Density / Sq Mi
$91,620
Median Household Income
$48,613
Median Earnings
$1,221
Median Rent
$323,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix includes studios and one-bedroom apartments, with coin-operated laundry and month-to-month leases.
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 $889,900.
What are key features of this property?
This property features: 10 apartments: 3 studios and 7 one‑bedroom/one‑bath units; 100% occupied; mix of housing‑assistance and conventional month‑to‑month tenants; 11.68% cap rate
