Mount Morris MI Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 2,174
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.21 Acres
- Year built:
- 1935
- Baths:
- 4.00
- MLS#:
- 50162243
- Subdivision:
- Orchard Hills
ADDITIONAL INFORMATION
Fully Occupied! This 4-unit income property is now available for you to add to your rental portfolio with a solid return on investment. Each model has been updated within the last 5 to 10 years. Tenants are on 1 or 2 year leases and filling vacancies has been a quick and easy process with the high demand. Each unit has 1 bedroom, 1 bathroom. Units 2 and 3 have laundry hookups. Each unit has its own private fenced in area and is currently a pet friendly rental. Tenants pay their own utilities. Seller prefers a agreed upon and signed purchase agreement with a walk through contingency before any showing requests.
$109,000
5485 Detroit Mount Morris, MI 48505
- Type:
- Multi-Family
- Sq.Ft.:
- 2,536
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1954
- Baths:
- 4.00
- MLS#:
- 50157070
- Subdivision:
- Fairhaven
ADDITIONAL INFORMATION
3 unit multi family home in Mt. Morris Twp. Beecher schools. 2 units currently rented. Buyers agent to verify all information in this listing.
- Type:
- Multi-Family
- Sq.Ft.:
- 5,890
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.58 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 70414722
ADDITIONAL INFORMATION
Fully occupied 10-unit apartment building. Please see docs for financials. Low expenses, slightly below market rents on the majority of units with room to increase. Minor improvements could increase NOI over time. Public sewer with a private well. Tenants pay separately metered electricity.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Mount Morris Real Estate
The median home value in Mount Morris, MI is $111,000. This is lower than the county median home value of $158,600. The national median home value is $338,100. The average price of homes sold in Mount Morris, MI is $111,000. Approximately 47.58% of Mount Morris homes are owned, compared to 42.82% rented, while 9.6% are vacant. Mount Morris 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 Mount Morris real estate agent to arrange a tour today!
Mount Morris, Michigan has a population of 3,131. Mount Morris is more family-centric than the surrounding county with 28.63% of the households containing married families with children. The county average for households married with children is 23.76%.
The median household income in Mount Morris, Michigan is $37,500. The median household income for the surrounding county is $54,052 compared to the national median of $69,021. The median age of people living in Mount Morris is 32.3 years.
Mount Morris Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.5 inches per year, with 35.8 inches of snow per year.