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Occupied Multifamily Investment Property
For Sale
$520,000

7191 N Dort Highway, Mount Morris, MI 48458

Multi Family, Mount Morris, MI

Property SizeContact for details
Lot Size1.58 Acres
Days on Market152

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 7, Bathroom 8, Bathroom 5, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 6, Bathroom 9, Bathroom 10, Bathroom 4, Bedroom 4, Bedroom 9, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 2
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

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
Listing Agency: RE/MAX Platinum
Listed By: Daniel DeCapua · License #6501373867
Added: Apr 28 Changed: Sep 21 Last Checked: Sep 26 at 3:06AM
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.

Investment Insights

Based on property information with market context.

This fully occupied multifamily property comprises 10 units across five buildings on 1.58 acres. The residential mix includes two single-family homes, two triplexes, and one duplex. The improvements date to 1942 and include aluminum siding, composition roofs, wall-furnace heating, driveway parking, and a well water source.

Recent work includes two replacement roofs, four new water heaters, a new water-treatment system, updated appliances, multiple unit renovations, security cameras, and new laundry equipment. The property is located at 7191 N Dort Highway in Mount Morris, Michigan, and carries an approximate 10.5% current cap rate. Cable service is available.

Key Highlights

  • 10 fully occupied units across five buildings
  • 1.58 acres in Mount Morris, MI
  • Mix includes two single‑family homes, two triplexes, and one duplex

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Pharmacy Building Supply Parking Lot & Garage

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

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
View Realmo Analytics

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?
Multifamily property - Five-building residential portfolio with varied unit configurations and recent capital improvements.
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 $520,000.
What are key features of this property?
This property features: 10 fully occupied units across five buildings; 1.58 acres in Mount Morris, MI; Mix includes two single‑family homes, two triplexes, and one duplex
More about this property
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