Sold
416 Lake Street, Howell, MI 48843
Sold on 05/15/2026 for$300,000
MLS # 20261020936 (Realcomp)
4 beds2 baths1,638 sqftBuilt 19000.23 acres
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Listing Description
Welcome to 416 Lake St, an exceptional investment or house hacking opportunity! This versatile duplex in the heart of downtown Howell is just steps from Thompson Lake and all the charm this vibrant community has to offer. This thoughtfully designed property features two updated units with private entries, each with 2 bedrooms, full bathroom, and first floor in-unit laundry. Spacious living areas with newer flooring and kitchens come with appliances included, making both units move-in ready and easy to lease with high demand. Situated on a large lot with plenty of parking in the rear and multiple storage sheds, offering both convenience with flexibility. Walk to downtown restaurants, shops, the lake, and neighborhood parks from this ideal location. Dual-purpose property with the potential to convert back to a single-family home, giving you multiple options for future use. Whether you’re looking to add to your rental portfolio, house hack by living in one unit while renting the other, or secure a solid investment with built-in rental income, this duplex checks all the boxes. In addition, it offers an attractive upside as rents are currently below market, providing an immediate path to increased cash flow and maximized returns. Don’t miss out on this rare opportunity in one of Howell’s most walkable and sought-after neighborhoods!
Source: SparkMLS
About this home
4-bedroom, 2-bath, 1,638 sq ft home in Howell in Howell built in 1900.
This home sold for $300,000 (about $183/sq ft).
Annual property taxes run approximately $5,000 ($417/month). 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,638 sqft
Lot Size0.23 acres
Year Built1900
Stories2
Location
CityHowell
MunicipalityHowell
Zip Code48843
CountyLivingston
School DistrictHowell
Construction & Systems
ConstructionBrick, Vinyl Siding
BasementMichigan Basement
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/31/2026
Sold Date5/14/2026
Terms AcceptedCash, Conventional, FHA, Rural Development, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$5,000
Parcel #1736201107
Source: SparkMLS
Legal Description
SEC 36 T3N R4E CITY OF HOWELL MCPHERSON'S SECOND ADDITION LOT 118
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 Daniel Gyomory
@properties Christie's Int'l RE Northville
Frequently Asked Questions about 416 Lake Street, Howell, MI 48843
Which school district serves 416 Lake Street, Howell, MI 48843?
Per MLS# 20261020936, 416 Lake Street, Howell, MI 48843 is in the Howell boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Howell directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261020936, this listing accepts Cash, Conventional, FHA, Rural Development, VA Loan financing. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 416 Lake Street, Howell, MI 48843?
Per public tax records, annual property taxes for this property are $5,000. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 416 Lake Street, Howell, MI 48843 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 416 Lake Street, Howell, MI 48843 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 416 Lake Street, Howell, MI 48843?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. 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 source. Livingston County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$1,946
Principal & interest$1,946
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
416 Lake Street, Howell, MI 48843
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Municipality
Howell
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County
Livingston County
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