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Six-Unit Residential Income Property
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57951 Grand River Ave, New Hudson, MI 48165

A six-unit residential income property with one 3-bedroom home and five 1-bedroom apartments on a 2.25-acre lot.

Property SizeContact for details
Lot Size2.25 Acres
Days on Market121

Property Features for 57951 Grand River Ave

General Information

Standard status Active
Lot size 2.25 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: Evanterra Commercial Real Estate
Listed By: Joseph Evangelista · License #6504432027
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:52AM

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 Evanterra Commercial Real Estate

Investment Insights

Based on property information with market context.

This residential income property includes one 3-bedroom home and five 1-bedroom apartment units. The entire complex sits on an oversized +/- 2.25-acre lot.

The offering is presented as a for-sale opportunity with potential for passive income, with the existing configuration also suited to consideration for future disposition or redevelopment.

The property’s current setup provides a combined mix of single-family-style living and apartment units within one multi-unit site.

Key Highlights

  • Six‑unit residential income property: one 3‑bedroom home and five 1‑bedroom apartments
  • Sits on an oversized +/- 2.25‑acre lot
  • Combines a standalone 3‑bedroom house with five separate 1‑bedroom apartment units

Property Analytics

Current Use

One11 Residences - New ... Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store

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

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 48165, MI

8,832
Population
3,587
Households
2.5
Avg Household Size
37
Median Age
51%
College-Educated
95%
High-School Grad
9.9 sq mi
ZIP Area
892
Density / Sq Mi
$105,511
Median Household Income
$59,609
Median Earnings
$1,583
Median Rent
$352,300
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 - A six-unit residential income property with one 3-bedroom home and five 1-bedroom apartments on a 2.25-acre lot.
Where is this apartment building located?
The property is located at 57951 Grand River Ave New Hudson, MI.
What are key features of this property?
This property features: Six‑unit residential income property: one 3‑bedroom home and five 1‑bedroom apartments; Sits on an oversized +/- 2.25‑acre lot; Combines a standalone 3‑bedroom house with five separate 1‑bedroom apartment units
(248) 476-3700 Call to check price and availability
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