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36-Unit Brick Apartment Complex
For Sale
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618 New St, Clio, MI 48420

Three brick buildings offer varied floor plans, private entrances, storage, and resident-controlled electricity.

Property SizeContact for details
Days on Market143

Property Features for 618 New St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 18 x 1BR/1BA, 18 x 2BR/1BA
Multifamily Units 36

Amenities

extra storage space
individual front entrances
walk out sliding glass doors

Building Details

Buildings 3
Construction brick
Listing Agency: Hull Multifamily Advisors
Listed By: Austin Hull · License #MI 6502430931
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:36PM

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 Hull Multifamily Advisors

Investment Insights

Based on property information with market context.

This 36-unit apartment property at 618 New St. comprises three separate brick buildings constructed between 1970 and 1974. The unit mix includes 18 one-bedroom, one-bath residences averaging 725 SF and 18 two-bedroom, one-bath residences averaging 775 SF. Property features include electric wall AC units, gas boiler baseboard heat, dedicated storage for each unit, individual front entrances, and walk-out sliding glass doors in most units.

Residents pay for electricity, while ownership covers water, gas, and trash. Historical occupancy has been near 100%. The property is located in Clio, Michigan, and includes a mix of smaller and larger apartment layouts within a low-rise multifamily setting.

Key Highlights

  • 36 units across three separate brick buildings
  • Unit mix includes 18 one‑bedroom and 18 two‑bedroom apartments
  • One‑bedroom units average 725 SF; two‑bedroom units average 775 SF

Property Analytics

Current Use

Fauberts P&D Painting Service

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Spa & Massage Center Electrical Service Kitchen & Bath Showroom

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

36
Residential units

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

Demographics for 48420, MI

21,771
Population
9,136
Households
2.4
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
66.4 sq mi
ZIP Area
328
Density / Sq Mi
$63,427
Median Household Income
$40,420
Median Earnings
$797
Median Rent
$177,800
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 - Three brick buildings offer varied floor plans, private entrances, storage, and resident-controlled electricity.
Where is this apartment building located?
The property is located at 618 New St Clio, MI.
What are key features of this property?
This property features: 36 units across three separate brick buildings; Unit mix includes 18 one‑bedroom and 18 two‑bedroom apartments; One‑bedroom units average 725 SF; two‑bedroom units average 775 SF
More about this property
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