Pending
625 Thayer Street, Flint, MI 48503
$162,500
MLS # 50212215 (MiRealSource)
Built 19240.5 acres
1 / 48
Listing Description
Investment opportunity! Welcome to 625 Thayer St in Flint, better known as the historic Thayer Apartments. Built in 1924, this beautiful brick 4 unit building offers approximately 3,700 square feet of living space and is already generating income with 2 of the 4 units currently occupied. Each unit features approximately 845 square feet, 2 bedrooms, and 1 full bathroom, making them highly desirable rental units. The building includes a common front entrance, private rear entrances for each unit, and a shared basement with individual storage areas for tenants. The sale also includes the vacant lot next door, bringing the total property size to half an acre with an impressive 133 feet of frontage. Listed at just $162,500, this property presents an excellent opportunity for investors looking to add a multi-family asset with to their portfolio. The Thayer Apartments offer value that's hard to find in today's market. Schedule your private showing today!
Source: SparkMLS
About this home
Located in Flint in Flint, this property offers 4-bath, with original construction dating to 1924.
Currently offered at $162,500.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms4
Lot Size0.5 acres
Year Built1924
Location
CityFlint
MunicipalityFlint
Zip Code48503
CountyGenesee
Construction & Systems
ConstructionBlock, Brick
HeatingForced Air
Sale & Financing
Listed6/20/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Parcel #40-13-402-014
Source: SparkMLS
Legal Description
WEST FLINT LOT 10, BLK 8
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Connery Calkins
REMAX Edge
Frequently Asked Questions about 625 Thayer Street, Flint, MI 48503
Can I use FHA or VA financing for this property?
Per MLS# 50212215, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 625 Thayer Street, Flint, MI 48503 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 625 Thayer Street, Flint, MI 48503 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 625 Thayer Street, Flint, MI 48503?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. 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$1,054
Principal & interest$1,054
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
625 Thayer Street, Flint, MI 48503
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Municipality
Flint
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