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Apartment Building with Barn
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9087 Harper St, Linden, MI 48451

Value-add apartment building featuring 28 two-bedroom units plus one large barn on-site.

Property SizeContact for details
Days on Market121

Property Features for 9087 Harper St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 34
Listing Agency: Tory Sheffer
Listed By: Tory Sheffer · License #6502419577
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:31PM

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 Tory Sheffer

Investment Insights

Based on property information with market context.

This apartment building offers a favorable unit mix, including 28 two-bedroom units, 4 one-bedroom units, 1 single-family home with a garage, and an approximately 1,800-square-foot barn. Public remarks indicate that all deferred maintenance has been taken care of, and the property includes an ALTA survey plus a clean Phase 1 ESA (both under two years old) available to the buyer and lender.

The current monthly rent roll is stated as $26,730, with a full market monthly rent roll of $31,700 (per the provided materials). The seller also references value-add work supporting $300 in rent premiums, and notes that an additional 3 acres could be developed. The property is located at 9087 Harper St in Linden, Michigan (48451).

Key Highlights

  • 28‑unit apartment building with 28 two‑bedroom units plus a 1‑bedroom unit count listed as 4 one‑bed units
  • On‑site amenities include 1 SF home with a garage and a 1,800 SF barn
  • Monthly rent roll is $26,730; full market monthly rent roll is $31,700

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Spa & Massage Center Auto Parts Store Hair Salon

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

34
Residential units

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 48451, MI

16,033
Population
6,005
Households
2.7
Avg Household Size
44
Median Age
32%
College-Educated
95%
High-School Grad
34.1 sq mi
ZIP Area
470
Density / Sq Mi
$95,616
Median Household Income
$52,871
Median Earnings
$973
Median Rent
$268,600
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 - Value-add apartment building featuring 28 two-bedroom units plus one large barn on-site.
Where is this apartment building located?
The property is located at 9087 Harper St Linden, MI.
What are key features of this property?
This property features: 28‑unit apartment building with 28 two‑bedroom units plus a 1‑bedroom unit count listed as 4 one‑bed units; On‑site amenities include 1 SF home with a garage and a 1,800 SF barn; Monthly rent roll is $26,730; full market monthly rent roll is $31,700
More about this property
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