Income Opportunity! Located on the outskirts of Durand, this property offers a spacious lot with ample parking. Each unit includes 1-bedroom, 1-bath layout with kitchen and living area. Tenants pay for their own electricity, while the landlord covers gas, water, sewer and basic maintenance. A full basement provides work area for the landlord and houses the furnace water heater and main electrical system. This property is a solid investment with great potential.
The median home value in Durand, MI is $165,500. This is higher than the county median home value of $119,200. The national median home value is $219,700. The average price of homes sold in Durand, MI is $165,500. Approximately 61.22% of Durand homes are owned, compared to 32.46% rented, while 6.31% are vacant. Durand real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Durand real estate agent to arrange a tour today!
Durand, Michigan has a population of 3,334. Durand is less family-centric than the surrounding county with 22.32% of the households containing married families with children. The county average for households married with children is 28.91%.
The median household income in Durand, Michigan is $37,765. The median household income for the surrounding county is $50,967 compared to the national median of $57,652. The median age of people living in Durand is 45.3 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 32.6 inches per year, with 38.9 inches of snow per year.