For Sale
2150 Phillips Avenue, Holt, MI 48842
$475,000
MLS # 20261041776 (Realcomp)
Built 19880.48 acres
1 / 22
Listing Description
Rare opportunity to purchase a four-unit multifamily investment property in Holt with strong rental demand and convenient access to Lansing, major employers, shopping, dining, and transportation corridors.The property consists of four residential units and is currently operated as an income-producing investment property. Recent capital improvements have been completed, including replacement of two HVAC systems and rehabilitation of one unit, helping to reduce near-term capital expenditure needs.Whether adding to an existing portfolio or entering the multifamily market, this property offers stable income potential in a desirable rental market. Financial information, rent roll, leases, and additional property details available upon request.Additional photography and floorplans coming soon.
Source: SparkMLS
About this home
This 4-bath home built in 1988 sits in Delhi Township in Holt.
Currently offered at $475,000.
Annual property taxes run approximately $10,710 ($893/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.48 acres
Year Built1988
Location
CityHolt
Zip Code48842
CountyIngham
School DistrictHolt
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/4/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$10,710
Parcel #250515435001
Source: SparkMLS
Legal Description
DP 4824 LOT 3, CASSDAV SUBD.
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 Colleen Kennedy
Prospect Realty Group
Frequently Asked Questions about 2150 Phillips Avenue, Holt, MI 48842
What school district is 2150 Phillips Avenue, Holt, MI 48842 in?
Per MLS# 20261041776, this property is served by Holt. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261041776, 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# 20261041776, the most recent reported annual property tax for 2150 Phillips Avenue, Holt, MI 48842 is $10,710. 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 2150 Phillips Avenue, Holt, MI 48842 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 2150 Phillips Avenue, Holt, MI 48842 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
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Monthly payment$3,081
Principal & interest$3,081
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
2150 Phillips Avenue, Holt, MI 48842
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Municipality
Delhi Township
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