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10-Unit Multifamily Property

7191 N Dort Highway, Mount Morris, MI 48458

For Sale
$510,000

Multi Family, Mount Morris, MI

Property SizeContact for details
Lot Size1.58 Acres
Days on Market197

Property Features for 7191 N Dort Highway

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Full bathrooms 10
Rooms Bathroom 6, Bedroom 3, Bathroom 1, Bathroom 7, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 9, Bathroom 8, Bathroom 5, Bathroom 2, Bedroom 9, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 10, Bedroom 8
Parking 10
Parking features Driveway
Lot features Level
Elementary school district Mount Morris
Middle school district Mount Morris
High school district Mount Morris
Directions GPS
Standard status Active
APN 11-08-551-042
Lot size 1.58 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 6 & 7 SUPERVISOR'S PLAT OF FERGUSON ACRES (05) FR 11-08-551-006 & 007 LOTS 6 & 7 SUPERVISOR'S PLAT OF FERGUSON ACRES (05) FR 11-08-551-006 & 007
Tax Annual Amount 3772
Legal Description LOTS 6 & 7 SUPERVISOR'S PLAT OF FERGUSON ACRES (05) FR 11-08-551-006 & 007 LOTS 6 & 7 SUPERVISOR'S PLAT OF FERGUSON ACRES (05) FR 11-08-551-006 & 007

Utilities

Utilities Cable Available
Heating system Wall Furnace
Water source Well

Amenities

security cameras
laundry equipment

Building Details

Year built 1942
Number of units 10
Building materials Aluminum Siding
Roof type Composition
Buildings 5
Listing Agency: RE/MAX Platinum
Listed By: Daniel DeCapua · License MI #6501373867
Added: Apr 28 Changed: Nov 4 Last Checked: Nov 10 at 8:06PM
MLS# 26018373

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.

Rey
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Investment Insights

Based on property information with market context.

This 10-unit multifamily property spans five buildings on 1.58 acres: two single-family homes, two triplexes and one duplex. The 1942-built property is fully occupied and has an approximate current cap rate of 10.5%, with the source indicating potential to reach 12.5% through rent growth.

Recent work includes two roof replacements, four new water heaters, a water-treatment system, updated appliances, unit turns, security cameras and new laundry equipment. The property has aluminum siding, composition roofing, wall-furnace heating, driveway parking and a well water source.

Key Highlights

  • 10 rental units across five buildings on 1.58 acres
  • Building mix includes two single‑family homes, two triplexes and one duplex
  • Fully occupied; approximate current cap rate of 10.5%

Property Analytics

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Open Analytics

Lease Details

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 48458, MI

19,699
Population
9,136
Households
2.2
Avg Household Size
39
Median Age
8%
College-Educated
87%
High-School Grad
35.7 sq mi
ZIP Area
552
Density / Sq Mi
$43,496
Median Household Income
$32,122
Median Earnings
$896
Median Rent
$87,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Genesee County, MI

$95.23 Jul
$89.65 Aug
$90.58 Sep
$100 Oct

Properties on Market for Multifamily properties in Genesee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Five buildings combine single-family homes, triplexes and a duplex on one parcel.
Where is this multifamily property located?
The property is located at 7191 N Dort Highway Mount Morris, MI.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: 10 rental units across five buildings on 1.58 acres; Building mix includes two single‑family homes, two triplexes and one duplex; Fully occupied; approximate current cap rate of 10.5%
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