For Sale
6101 Selby Street, Flint, MI 48505
$7,000,000
MLS # 20261013369 (Realcomp)
Built 19998.5 acres
1 / 5
Listing Description
Eagle Ridge Apartments presents a rare opportunity to acquire a stabilized 104-unit multifamily community in Flint, Michigan. Originally developed in 1999–2000 under the Low-Income Housing Tax Credit program, the property has successfully completed its initial 15-year compliance period and is currently operating within the extended-use phase. Units are income-restricted between 30% and 60% AMI, providing dependable occupancy and durable demand fundamentals.Eagle Ridge benefits from a favorable expense structure. Units are equipped with individual HVAC systems, and tenants are responsible for gas and electric utilities, limiting owner exposure. The property operates under a PILOT program, providing predictable and controlled property tax treatment. Ownership has invested approximately $250,000 within the past six months toward parking lot resurfacing and comprehensive security improvements, reinforcing long-term asset integrity.Community amenities include a clubhouse with fitness center, outdoor swimming pool, and shared common areas designed to support resident retention and quality of life.
Source: SparkMLS
About this home
99-bath home in Flint in Flint built in 1999.
Listed at $7,000,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms99
Lot Size8.5 acres
Year Built1999
Location
CityFlint
MunicipalityFlint
Zip Code48505
CountyGenesee
School DistrictFlint
Construction & Systems
ConstructionVinyl Siding
BasementSlab
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/2/2026
Terms AcceptedConventional
Source: SparkMLS
Tax Information
Annual Tax$63
Parcel #4730185022
Source: SparkMLS
Legal Description
ROSEMONT LOTS 54, 55, 56 AND 57; ALSO AN UNPLATTED PART OF SEC 30, T8N, R7E DESC AS: BEG AT A PT ON W LINE OF SELBY ST N 00 DEG 38 MIN E, 834.4 FT FROM ITS INTERSEC WITH N LINE OF MOTT AVE; TH N 89 DEG 06 MIN W, 744.50 FT; TH N 00 DEG 38 MIN E, 476.7 5 FT; TH E 744.5 FT TO W LINE OF SELBY ST; TH S 00 DEG 38 MIN W, 476.75 FT ALG SD W LINE TO POB.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Michael McClafferty
OakPointe Real Estate Advisors
Frequently Asked Questions about 6101 Selby Street, Flint, MI 48505
Which school district serves 6101 Selby Street, Flint, MI 48505?
Per MLS# 20261013369, 6101 Selby Street, Flint, MI 48505 is in the Flint boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Flint directly to confirm enrollment eligibility.
What financing options are available for 6101 Selby Street, Flint, MI 48505?
Per MLS# 20261013369, this listing accepts Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 6101 Selby Street, Flint, MI 48505?
Per public tax records, annual property taxes for this property are $63. 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, 6101 Selby Street, Flint, MI 48505 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 6101 Selby Street, Flint, MI 48505 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 6101 Selby Street, Flint, MI 48505?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. 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 Flint police department or the Genesee County sheriff's office.
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Monthly payment$45,402
Principal & interest$45,402
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
6101 Selby Street, Flint, MI 48505
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Municipality
Flint
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