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    Howell, MI
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    Howell, MI Multifamily Properties for Sale

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    Historic Howell Multifamily Investment Opportunity
    Updated: Jan 24, 2024
    Historic Howell Multifamily Investment Opportunity

    121 S COURT Street, Howell, MI 48843

    $650,000
    5,472 sqft 0.11 AC lot
    Historic colonial multifamily building built in 1920
    Vinyl exterior with forced‑air heating and public water
    Remodeled with updates while preserving historic character (per public remarks)
    Currently fully occupied by tenants; an acceptable offer is required for viewing
    Includes a basement plus multiple bedrooms and bathrooms listed on the property: Bedrooms 1‑4 and Bathrooms 1‑7
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    This listing looks promising.

    Here's a quick look at some key insights for

    121 S COURT Street, Howell, MI 48843

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Mortgage

      $360K
      Sep 2019

    • Last Sold

      Jul 2003
      $165K

    • Property Type

      Commercial (General)
      Built 1920
    View Property Analytics
    Historic Multifamily Building in Howell
    Updated: Mar 11
    Historic Multifamily Building in Howell

    121 S COURT St, Howell, MI 48843

    $650,000
    0.11 AC lot
    Prime downtown Howell location: walk to shops and restaurants.
    Meticulously remodeled, blending historic charm with modern amenities.
    Fantastic investment opportunity in a multifamily building.
    Fully occupied by tenants.
    Backs up to the largest new development in Howell.
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Howell, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Four-Unit Multi-Family Building
    Brick Four-Unit Multi-Family Building

    725 Clark Street, Brighton, MI 48116

    $700,000
    3,700 sqft 0.46 AC lot

    Four remodeled rental units, each with air conditioning and appliances, plus shared basement laundry in a low-maintenance brick exterior.

    View details
    Quadplex Residential Income Property
    Quadplex Residential Income Property

    1601 East Michigan 36, Pinckney, MI 48169

    $869,000
    5,616 sqft

    For sale quadplex offering multifamily residential income in Pinckney, Michigan.

    View details
    Income-Producing Triplex on Large Lot
    Income-Producing Triplex on Large Lot

    4987 E M 36, Pinckney, MI 48169

    $395,000
    1.50 AC lot

    Multi-family triplex on 1.5 acres with expansion potential.

    View details
    Four-Unit Brick Apartment Building
    Four-Unit Brick Apartment Building

    725 Clark St, Brighton, MI 48116

    $700,000

    Four occupied 2-bedroom, 1-bath units in an all-brick building with basement laundry and air conditioning.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Expansive Land with Development Potential
    Expansive Land with Development Potential

    VL N Fleming Road, Fowlerville, MI 48836

    $6,900,000
    354.27 AC lot

    350+ acres of prime land with two scenic lakes.

    View details
    Residential Land in Riverdale
    Residential Land in Riverdale

    N Lumberjack Road, Riverdale, MI 48877

    Contact for pricing
    0.67 AC lot

    Vacant residential land suitable for building or mobile home placement.

    View details
    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

    View details
    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

    View details

    Off-Market Properties in Howell, MI

    Consider similar Off-Market properties in Howell, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1286 Grey Fox Ct
    Multifamily properties

    1286 Grey Fox Ct, Howell, MI 48843

    Value Estimation by Request
    7,996 sqft 202.00 AC lot
    View details
    Cor Mason Rd & Burkhart Rd
    Multifamily properties

    0 Cor Mason Rd & Burkhart Rd, Howell, MI 48843

    Value Estimation by Request
    90.00 AC lot
    View details
    1 Grand River Ave
    Multifamily properties

    1 Grand River Ave, Howell, MI 48855

    Value Estimation by Request
    25.00 AC lot
    View details

    Howell, MI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Howell, MI on our real estate platform. These investment opportunities span a total of 5,472 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for multifamily properties in Howell, MI start at $650,000, averaging $650,000, and reaching up to $650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    Demographics Overview

    Population 64K
    Population Growth (5Y) +6.3%
    Median Household Income $95,004
    College Educated 23.3%

    High-Yield Neighborhoods for Investment

    Identify Howell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48843 $462K

    Taxes & Financing

    Tax Rate (average for all types) 2.79%
    Property Tax per SF $67.87 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Livingston County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Howell fall within the 10,000 to 25,000 square foot range.

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