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    Durand, MI
    Residential Income

    Durand, MI Residential Income Properties for Sale

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    Vernon, MI Gaines, MI Lennon, MI Bancroft, MI Byron, MI Swartz Creek, MI Corunna, MI Clayton Twp, MI
    Duplex in Downtown Durand
    Updated: Jul 2
    Duplex in Downtown Durand

    305 E Main Street, Durand, MI 48429

    $139,000
    1,600 sqft 0.13 AC lot
    Duplex located at 305 E Main Street in Durand, MI
    Fully rented duplex with washer and dryer included
    Upstairs unit updates: newer furnace and two newer hot water heaters
    Built in 1880 with vinyl construction
    Forced‑air heating and public water service
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    This listing looks promising.

    Here's a quick look at some key insights for

    305 E Main Street, Durand, MI 48429

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $12K
      Annual

    • Price @ 7% Cap

      $168K
      Above asking

    • Property Type

      Single Family Residence
      Built 1880
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    Fully Rented Duplex
    Updated: Jul 2
    Fully Rented Duplex

    305 E Main St, Durand, MI 48429

    $139,000
    1,600 sqft
    Two‑unit duplex with both units currently rented
    1,600 square feet of residential income property
    Upper unit has a newer furnace
    Two newer hot water heaters
    Washer and dryer included
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Durand, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Updated Two-Unit Cape Cod Duplex
    Updated Two-Unit Cape Cod Duplex

    7562 Miller Road, Swartz Creek, MI 48473

    $159,900
    1,000 sqft 0.22 AC lot

    Two-unit duplex built in 1930 with forced-air heat, public water, and asphalt roofing on a 0.22-acre lot.

    View details
    Mixed-Use Retail and Office Duplex
    Mixed-Use Retail and Office Duplex

    115 N Shiawassee St, Corunna, MI 48817

    $329,000
    4,800 sqft

    Main floor retail/office space is available, with eight on-site parking spaces and two occupied rental apartments.

    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    327 N Shiawassee St, Corunna, MI 48817

    $200,000
    0.20 AC lot

    Mixed-use property featuring retail space and a residential apartment.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    7562 Miller Rd, Swartz Creek, MI 48473

    $159,900

    Live in one unit and rent the other in an updated, ready-to-go two-unit duplex in Swartz Creek.

    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.

    Residential Land in Vernon Township
    Residential Land in Vernon Township

    E Lansing Road, Durand, MI 48429

    $47,000
    1.20 AC lot

    1.2 acre residential land suitable for building a home.

    View details
    Residential Land in Gated Community
    Residential Land in Gated Community

    6265 Hidden Forrest Drive, Swartz Creek, MI 48473

    $55,000
    2.66 AC lot

    2.66-acre residential land with lake access in Swartz Creek, MI.

    View details
    Residential Lots in Cole Creek Estates
    Residential Lots in Cole Creek Estates

    3135 Elk Creek Drive, Swartz Creek, MI 48473

    Contact for pricing
    0.21 AC lot

    Residential land with utilities, community pool, and playground access.

    View details
    Residential Lots in Cole Creek Estates
    Residential Lots in Cole Creek Estates

    3141 Elk Creek Drive, Swartz Creek, MI 48473

    Contact for pricing
    0.21 AC lot

    Residential land with utilities, community pool, and playground access.

    View details

    Off-Market Properties in Durand, MI

    Consider similar Off-Market properties in Durand, 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.

    Monroe Rd
    Multifamily properties

    0 Monroe Rd, Durand, MI 48429

    Value Estimation by Request
    7.27 AC lot
    View details

    Durand, MI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Durand, MI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $278,000.

    Sale prices for residential income properties in Durand, MI average $139,000 — 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

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

    Population 8,109
    Population Growth (5Y) -8.3%
    Median Household Income $60,070
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48429 $139K

    Taxes & Financing

    Tax Rate (average for all types) 5.36%
    Property Tax per SF $71.07 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shiawassee County

    New Delisted

    Total CRE Inventory on Market (SF)

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