Expired
104 Grand Avenue, Mount Clemens, MI 48043
$239,900
MLS # 20261033630 (Realcomp)
Built 19000.17 acres
1 / 18
Listing Description
Rare fully occupied 5-unit multifamily opportunity in the heart of Mount Clemens. This well-cared-for income property offers long-term tenants, separate utilities, and a stabilized setup that can be difficult to find in the Metro Detroit suburbs.The property is a strong fit for investors looking to expand their rental portfolio, pursue steady cash flow, or explore a BRRR-style strategy. With full occupancy already in place and an established tenant history, this building gives buyers a clean starting point without having to fill vacancies from day one.Management company referrals are available upon request.All walkthroughs must be accompanied by proof of funds or a pre-approval letter. Full financials, including rent roll, leases, and audited financials, will be made available with an accepted Letter of Intent or Purchase Offer.Seller will not participate in financing. No seller financing, no land contracts, and no subject-to offers. Cash or conventional financing only.Perfect for new or experienced real estate investors, 1031 exchange buyers, or anyone looking to add a stabilized multifamily property to their portfolio.
Source: SparkMLS
About this home
This 5-bath home built in 1900 sits in Mount Clemens in Mount Clemens.
Currently offered at $239,900.
Estimated annual property tax: $6,166, or about $514 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms5
Lot Size0.17 acres
Year Built1900
Location
CityMount Clemens
MunicipalityCity of Mount Clemens
Zip Code48043
CountyMacomb
School DistrictMount Clemens
Construction & Systems
ConstructionVinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/10/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$6,166
State Equalized Value$89,200
Taxable Value$77,943
Parcel #11-11-380-012
Source: Public Records
Legal Description
HUBBARDS ADDITION BLOCK 2 LOT 22 EXC E 40 FT & E 1/2 LOT 23
Property Records
USDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Dylan Tanaka
EXP Realty Main
Frequently Asked Questions about 104 Grand Avenue, Mount Clemens, MI 48043
What school district is 104 Grand Avenue, Mount Clemens, MI 48043 in?
Per MLS# 20261033630, this property is served by Mount Clemens. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261033630, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261033630, the most recent reported annual property tax for 104 Grand Avenue, Mount Clemens, MI 48043 is $6,166. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 104 Grand Avenue, Mount Clemens, MI 48043 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Macomb County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$1,556
Principal & interest$1,556
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
104 Grand Avenue, Mount Clemens, MI 48043
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Municipality
Mount Clemens
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County
Macomb County
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