MLS # 20251048921 (Realcomp)

Investment Opportunity – 4-Unit Multi-Family Quadplex in the Village of Pinckney! Don’t miss your chance to own 4-Unit Multi-Family Quadplex located at 512 E Main Street, complete with a detached 3-car garage that’s currently leased separately for added income. This is an excellent opportunity for investors seeking a stable, income-producing property with immediate upside potential. The building includes (2) two-bedroom units and (2) one-bedroom units, all separately metered for natural gas and electricity. Each unit features its own forced-air furnace and gas water heater, minimizing landlord expenses. The landlord currently pays water, but a new owner could charge tenants for water usage or install separate water meters for each unit to further increase net operating income, while tenants pay gas, electric, and cable/internet. All units include landlord-owned appliances (stove and refrigerator), and the basement offers space to add coin-operated laundry—a great way to increase revenue. Current Lease/Tenant Status: Unit 1 – Month-to-Month, Unit 2 – Month-to-Month, Unit 3 – Leased through 03/31/2027, Unit 4 – Lease through 07/31/2029, Garage – Lease through 08/31/2026. Rents are currently under market, providing significant opportunity for rent increases and improved cash flow. With strong rental demand in the area and limited inventory, this property is positioned for excellent long-term returns. Located within walking distance of downtown Pinckney and just minutes to Howell’s dining, shopping, and highway access, this property combines small-town charm with proven investment performance. Seller intends to complete a 1031 Exchange. Listing agent is a member of the ownership LLC and related to the seller. Showings will be limited due to tenant occupancy. Please respect the privacy of the current tenants and do not walk the property or communicate with the tenants. For property-specific questions, please contact the Listing Agent.
Source: SparkMLS
Located in Putnam Township in Pinckney, this property offers 4-bath, with original construction dating to 9999.
Asking $400,000.
Property tax estimate: $5,900 per year ($492/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 1,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
SEC 23 T1N R4E COM SW COR, TH N87*E 1316.98 FT, TH N01*W 1004.79 FT, TH N01*E 166.7 FT TO POB, TH N01*E 115 FT, TH S86*E 162.33 FT, TH S 113.42 FT, TH N87*W 166.18 FT TO POB. .43 AC M/L PAR 1 SPLIT FROM 002 1-88
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Nick Coppola
EXP Realty Main
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
512 E Main Street, Pinckney, MI 48169
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Municipality
Putnam Township
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County
Washtenaw County
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