Sold
5054 Gratiot Avenue, MI 48079
Sold on 03/18/2026 for$250,000
MLS # 50185536 (MiRealSource)
6 beds5 bathsBuilt 19600.55 acres
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Listing Description
Discover this updated, income-generating 5-unit apartment building on a .55 acre lot, with a large garage! Unit updates include some flooring, paint, closets, and bathroom upgrades. Recent major improvements include two 50-gallon hot water tanks and roof work (2024), a new well pump & pressure regulator, and a septic system that's professionally serviced annually. This property does have some deferred maintenance and is in need of some upgrades- an exceptional value-add opportunity for investors or entrepreneurs! The property features three 1 bed/1 bath units, one 1+/1 unit, and one 2 bed/1 bath unit, plus a spacious 2.5-car garage with ample parking. With $3,650 in monthly rental income, lower township taxes, and natural gas used only for the furnace and hot water tanks-- this property is both profitable and efficient. Five separate electric meters add convenience and ease of management. Additional permitted uses expand the potential of this property even further: consider operating a daycare center, bed & breakfast, senior day care facility, or even running your own business from this property. Ideally located just minutes from the expressway and downtown Marysville, within the desirable Marysville School District (St. Clair Township mailing address), this property offers privacy, accessibility, and multiple income opportunities. A well & septic inspection have already been done- Contact the listing agent today for full details on this versatile investment!
Source: SparkMLS
About this home
6-bedroom, 5-bath home in St Clair Township in Michigan built in 1960.
This home sold for $250,000.
Broadband is available with download speeds up to 1,200 Mbps from 5 providers. Electric service is provided by DTE Electric Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms6
Bathrooms5
Lot Size0.55 acres
Year Built1960
Location
Zip Code48079
CountySt. Clair
School DistrictMarysville
Construction & Systems
ConstructionVinyl Siding
BasementSlab
Garage2.5 spaces
HeatingForced Air, Wall Furnace
SewerSeptic Tank
Sale & Financing
Listed8/18/2025
Sold Date3/17/2026
Original Price$332,000
Terms AcceptedCash, Conventional
Source: SparkMLS
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 Renee Bacon
KW Platinum
Frequently Asked Questions about 5054 Gratiot Avenue, MI 48079
What school district is 5054 Gratiot Avenue, MI 48079 in?
Per MLS# 50185536, this property is served by Marysville. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 5054 Gratiot Avenue, MI 48079?
Per MLS# 50185536, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
Is 5054 Gratiot Avenue, MI 48079 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, 5054 Gratiot Avenue, MI 48079 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.
Is fiber internet available at 5054 Gratiot Avenue, MI 48079?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5054 Gratiot Avenue, MI 48079. The maximum advertised download speed is 1.2 Gbps. 5 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: SEMCO Energy Gas Company. Sewer: Septic Tank. 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.
Map
Mortgage Calculator
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Monthly payment$1,738
Principal & interest$1,738
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
1.2 Gbps
Upload
35 Mbps
CableGSO SatelliteSatelliteDSL
5 providers at this address
XfinityCable
1.2 GbpsStarlinkGSO Satellite
280 MbpsViasat IncSatellite
100 MbpsHughesNetSatellite
50 MbpsAT&TDSL
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5054 Gratiot Avenue, MI 48079
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Municipality
St Clair Township
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