For Sale
5469 Parker Road, MI 48059
$195,000
MLS # 50213867 (MiRealSource)
3 beds3 bathsBuilt 19880.35 acres
1 / 32
Listing Description
Fantastic investment opportunity in desirable Fort Gratiot! This well-maintained 3-unit property is located just one block from the water, offering an attractive location for both tenants and owner-occupants. Two units are currently generating income, with one rented for $950/month and the studio unit rented for $700/month. The third unit is vacant, providing flexibility for the next owner—move in and enjoy owner-occupied living while collecting rental income, or lease the vacant unit to maximize cash flow. Whether you're looking to expand your investment portfolio or purchase a multi-family property with the option to live on-site, this versatile property offers excellent potential in a sought-after location close to the shoreline, parks, shopping, and everyday amenities.
Source: SparkMLS
About this home
3-bedroom, 3-bath home in Fort Gratiot Township in Michigan built in 1988.
Currently offered at $195,000.
Electric service is provided by DTE Electric Company; natural gas by SEMCO Energy Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeManufactured Home
Bedrooms3
Bathrooms3
Lot Size0.35 acres
Year Built1988
Location
Zip Code48059
CountySt. Clair
School DistrictPort Huron
Construction & Systems
ConstructionStone, Vinyl Siding
BasementSlab, Crawl Space
Garage1.5 spaces
HeatingForced Air
SewerSeptic Tank
Sale & Financing
Listed7/5/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Parcel #74-20-008-2005-000
Source: SparkMLS
Legal Description
S 75' OF N 660' OF E 200' OF E 1/2 OF NE 1/4 OF NE 1/4 SEC 8 T7N R17E 0.34 A
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 Brian Frey
KW Platinum Port Huron
Frequently Asked Questions about 5469 Parker Road, MI 48059
What school district is 5469 Parker Road, MI 48059 in?
Per MLS# 50213867, this property is served by Port Huron. 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# 50213867, 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 5469 Parker Road, MI 48059 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, 5469 Parker Road, MI 48059 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: 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.
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Monthly payment$1,265
Principal & interest$1,265
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
SEMCO Energy Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5469 Parker Road, MI 48059
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Municipality
Fort Gratiot Township
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