113 W Liberty Street South Lyon, MI ^$ 398,000

113 W Liberty Street

^$ 398,000

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113 W Liberty Street

South Lyon, MI, 48178

^$ 398,000

Studio Baths3.0 Sq 2,500

Monthly Estimate*

^$ 2,483

113 W Liberty Street, South Lyon, MI 48178 - Image 1

113 W Liberty Street, South Lyon, MI 48178 - Image 2

113 W Liberty Street, South Lyon, MI 48178 - Image 3

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113 W Liberty Street, South Lyon, MI 48178 - Image 5

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113 W Liberty Street, South Lyon, MI 48178 - Image 9

113 W Liberty Street, South Lyon, MI 48178 - Image 10

Studio

Multi-Family Home for sale in South Lyon, MI

for $398,000 with 3 full baths. This 2,500 square foot home was built in 1910 on a lot size of 0.31.

3 units in the heart of downtown South Lyon ready for new owner. These rent ready units have separate gas and electric paid by the tenant. Updates have just been completed and they are going to market for tenants this week. 1 - 3 bedroom unit on the main floor Livingroom & Dining with hardwood floors. Kitchen with granite counters, appliances and LVL flooring. Updated Bathroom & New carpet in bedrooms. 2 - 1 bedrooms upstairs freshly painted, updated bathrooms, include appliances & new LVL flooring in the kitchen. No rent rolls or rental history because these units have just been updated. History on 3 unit building around the corner $1200 for a 1 bedroom and $1500 for a 3 bedroom. No land contracts.

Multi-Family Active

Price

^$ 398,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,719

Style

Lot Size

0.31

Year Built

1910

Town/City

South Lyon

County/Region

Oakland

MLS | Web ID

60950884

Features

Interior

Interior Amenities Cable/Internet Avail.

Basement Stone

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1910

Parking On Street

Subdivision Assrs 1 - City Of South Lyon MI

County Oakland

Class MULTIFAMILY

Type Multi-Family

Net Income 3900

Ownership Private

Municipality Lyon Twp

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Lyon Twp (63211)

Primary City South Lyon

Directions Pontiac Trail to Liberty West

City South Lyon

School District South Lyon Community Schools

Financial Terms Cash Conventional

Legal Description T1N R7E SEC 30 ASSESSOR'S PLAT NO 1 LOT 54

DOM 35

Postal Code 48178

Price Per Sq Ft Total AG 159.2

Public Remarks

Exterior

Exterior Wood

Exterior Amenities Porch

Frontage 66

Lot Size Area 0.31

Lot Dimensions 66X194.8

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Stephen Oaks

Listing Agent

Re/Max Classic

Broker

dreamfulfillers@aol.com

Affordability Calculator

$2,960

Per Month

Monthly Principal & Interest: $2,483
Monthly Property Taxes: $477
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in South Lyon, MI

Average List Price ^$398,000

Percent of Sale Price 0%

About South Lyon, MI

12,956 Population

29% Since 2002

^$65,418 Median Income

40.31 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1245844 Elementary School

1245851 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/24/2025	$398,000	-0.25%	Price Down
11/5/2025	$399,000		Listed Price

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113 W Liberty Street, South Lyon, MI, 48178 is a Multi-Family Home for sale at $398,000 with 2,500 sqft and a lot size of 0.31. 113 W Liberty Street is a studio with 3.0 baths and was built in 1910. The property's zip code is 48178 which is in South Lyon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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113 W Liberty Street

Multi-Family Home for sale in South Lyon, MI

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