111 Kibbee Street Mount Clemens, MI $ 249,900
111 Kibbee Street
$ 249,900
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111 Kibbee Street

Mount Clemens, MI, 48043
$ 249,900
Baths2.1 Sq 2,176

Monthly Estimate*

$ 1,559

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Studio

Multi-Family Home for sale in Mount Clemens, MI

for $249,900 with 2 full baths, 1 half bath. This 2,176 square foot home was built in 1925 on a lot size of 0.13.

*** INVESTMENT OPPORTUNITY – FULLY LEASED, UPDATED 2-UNIT MULTI-FAMILY! ***. Don’t miss this income-generating, two-unit property featuring a spacious 3-bedroom upper unit (currently rented at $1,100/month which includes the basement space) and a freshly renovated 2-bedroom lower unit (currently leased for $1,050/month which includes the garage space). Each unit has been thoughtfully updated with clean, modern bathrooms, newer kitchen cabinets and granite countertops. The entire interior is freshly painted, with newer flooring on the main level and refinished hardwood floors upstairs. Major mechanical and structural upgrades include a new furnace (upper unit – 11/13/2024), new hot water tank (lower unit – 11/20/2023), main sewer line replacement (10/13/2021), and gutter replacement (Spring 2020)—giving you peace of mind for years to come. The property also features a newer 2-car garage door and plenty of curb appeal. Whether you're an investor seeking strong rental returns or a buyer looking for a live-in income property, this one checks all the boxes! Rent rolls available upon request. Hurry - this opportunity won’t last!! Buyer and Buyer Agent to verify all information. 48 hours notice to show, please. ** 3-bedroom unit lease expires 6/30/26. 2-bedroom unit lease expires 5/31/26 **

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Multi-Family Contingent

Price

$ 249,900

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,471

Style

Upper Lower Apartment

Lot Size

0.13

Year Built

1925

Town/City

Mount Clemens

County/Region

Macomb

MLS | Web ID

20251020677

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials AluminumSiding
Pets Allowed DogsOk
Year Built 1925
Levels Three
Property Subtype MultiFamily
Community Features Sidewalks
County Macomb
Net Operating Income 17567.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Contingency AcceptingBackupOffers
Subdivision Name MARTIN CROCKERS FOURTH ADD
Garage Y/N Y
Full Baths 2
Status Accepting Backup Offers
Directions Gratiot to East on Kibbee to property on the corner of Kibbee/Beyne.
City MtClemensCity_Macomb
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable TaxesNotHomesteadExempt
Senior Community Y/N N
High School District MountClemens
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area03191MountClemens
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 4471.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status ActiveUnderContract
Occupancy Type Tenant
Tax Assessed Value 59189
Expected Active Date 2025-07-24
Legal Description MARTIN CROCKERS FOURTH ADDITION LOT 8 AND N 5.0 FT OF LOT 9
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2176.0
Half Baths 1
Laundry Features InUnit
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Exterior Amenities Lighting PrivateEntrance
Parking Features Garage Lighted
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 100.00 x 61.00
Lot Size Acres 0.13
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Lucine Tarman

Listing Agent

Home Headquarters

Broker

(248) 275-8944

Phone

Affordability Calculator

$1,932
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,559
Monthly Property Taxes
$373
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909820 Elementary School
4909802 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$249,900 Listed Price

Map


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111 Kibbee Street, Mount Clemens, MI, 48043 is a Multi-Family Home for sale at $249,900 with 2,176 sqft and a lot size of 0.13. 111 Kibbee Street is a studio with 2.1 baths and was built in 1925. The property's zip code is 48043 which is in Mount Clemens, MI