For Sale
10201 N Clio Road, Clio, MI 48420
$226,500
MLS # 50204599 (MiRealSource)
Built 19200.83 acres
1 / 53
Listing Description
Turnkey investment opportunity with immediate income potential! This well-maintained multi-family property features three updated units currently generating approximately $23,000 annually, with room to increase rents and maximize returns. Units 1 and 2 have been extensively renovated and share a durable metal roof (2018). Unit 1 includes a kitchenette and half bath and has previously operated as a beauty supply, boutique, and art studio—making it ideal for mixed-use or additional rental income. Unit 3 is an approximately 800 sq ft one-bedroom unit with a new roof (2021) and brand-new furnace (2026), offering low maintenance and strong rental appeal. All units have been updated with new flooring, paint, kitchens, and bathrooms, minimizing future capital expenditures. The property blends modern updates with sought-after historic charm, including arched doorways and wide trim. Additional income potential comes from the 24x40 pole barn with gas and electric—perfect for storage rental, workshop space, or tenant use. New barn roof installed in 2020. Ample on-site parking adds to tenant convenience. Whether you’re expanding your portfolio or looking for a live/work investment, this property offers versatility, stability, and upside potential.
Source: SparkMLS
About this home
2-bath home in Vienna Township in Clio built in 1920.
Listed at $226,500.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.83 acres
Year Built1920
Location
CityClio
MunicipalityVienna Twp
Zip Code48420
CountyGenesee
Construction & Systems
ConstructionBlock
HeatingForced Air
Sale & Financing
Listed4/15/2026
Original Price$229,000
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Parcel #1827400012
Source: SparkMLS
Legal Description
A PARCEL OF LAND BEG S 0 DEG 50 MIN E 564.61 FT FROM E 1/4 COR OF SEC TH S 0 DEG 50 MIN E 100 FT TH S 89 DEG 17 MIN W 360 FT TH N 0 DEG 50 MIN W 100 FT TH N 89 DEG 17 MIN E 360 FT TO PL OF BEG SEC 27 T9N R6E 82 A (85) FR 1800018051
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Richelle L Kitchen
REMAX Right Choice
Frequently Asked Questions about 10201 N Clio Road, Clio, MI 48420
What type of financing is accepted for this listing?
Per MLS# 50204599, this listing accepts Cash, Conventional, FHA financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 10201 N Clio Road, Clio, MI 48420 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 10201 N Clio Road, Clio, MI 48420 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 10201 N Clio Road, Clio, MI 48420?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Vienna Twp police department or the Genesee County sheriff's office.
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Monthly payment$1,469
Principal & interest$1,469
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
10201 N Clio Road, Clio, MI 48420
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Municipality
Vienna Township
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