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$975,000
$5,000Reward *
5645 E Grand River Avenue, Howell, MI 48843Listing ID 26002193

5645 E Grand River Avenue, Howell, MI 48843

Active
Livingston County - 40
Time on site: 205 days • Last updated: Aug 3, 2026
Property Type
Property Type
Multi Family
Property Sub Type
Property Sub Type
Multi Family
Acres
Acres
0.29
Days on Site
Days on Site
204
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1950
Parking
Parking
Paved, Gravel

NEW AND IMPROVED!!! Well-maintained, turnkey 10-unit multifamily (+ coin laundry) in Howell generating $11,300/month in gross rental income. Recent capital improvements include a brand new roof (2026), new AC throughout the whole building, and a new tankless water heater, helping minimize future maintenance costs. Selling at an 11% cap rate, with a stable tenant base and four long-term Section 8 tenants providing reliable, government-backed income. Owner-reported operating expenses average approximately $1,916/month. Strong cash-flow opportunity with additional upside through future rent growth.

Property Information

Property Details

Location

Address
5645 E Grand River Avenue
County
Livingston
City
Howell
Zip Code
48843
Subdivision
Livingston County - 40
School District
Howell
MLS Area
Livingston County - 40

Interior Features

Other Rooms

Laundry Features
Common Area, In Basement, Laundry Room

Building

Building Information

Year Built
1950
Construction
Vinyl Siding, Wood Siding
Roof
Composition, Rubber

Property Taxes

Tax Annual Amount
$7,061
Tax Year
2025
Ryann Brier • United Realty Services, (616) 965-2304

Market Report for 48843

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Michigan Regional Information Center, LLC
Michigan Regional Information Center, LLC logo

Information Deemed Reliable But Not Guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

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