16001 Dixie Highway Holly, MI ^$ 965,000

16001 Dixie Highway

^$ 965,000

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Recently Listed

16001 Dixie Highway

Holly, MI, 48442

^$ 965,000

Studio Baths9.0 Sq 2,835

Monthly Estimate*

^$ 5,942

16001 Dixie Highway, Holly, MI 48442 - Image 1

16001 Dixie Highway, Holly, MI 48442 - Image 2

16001 Dixie Highway, Holly, MI 48442 - Image 3

16001 Dixie Highway, Holly, MI 48442 - Image 4

16001 Dixie Highway, Holly, MI 48442 - Image 5

Studio

Multi-Family Home for sale in Holly, MI

for $965,000 with 9 full baths. This 2,835 square foot home was built in 1950 on a lot size of 2.2.

This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket. In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.43% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.

Multi-Family Active

Price

^$ 965,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,842

Style

Lot Size

2.2

Year Built

1950

Town/City

Holly

County/Region

Oakland

MLS | Web ID

60970821

Features

General

Heating Baseboard

Possession At Close

Water Private Well

Status Active Active

Full Baths 9

Half Baths 0

Bathrooms 9

Year Built 1950

Water Heater Propane Hot Water

County Oakland

Class MULTIFAMILY

Type Multi-Family

Net Income 79934

Ownership Private

Municipality Groveland Twp

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area Groveland Twp (63021)

Primary City Holly

Directions South of Grange Hall Rd. on the East side of Dixie Hwy.

City Holly

School District Holly Area School District

Financial Terms Cash Conventional

Legal Description T5N R8E SEC 29 PART OF SE 1/4 BEG AT PT DIST S 990.03 FT & S 88-39-00 W 410.90 FT & S 65-48-00 W 1100.23 FT & N 13-25-25 W 202 FT FROM E 1/4 COR TH N 13-25-25 W 210 FT TH N 76-34-35 E 249.20 FT

DOM 1

Postal Code 48442

Price Per Sq Ft Total AG 340.39

Public Remarks This cash flowing multifamily property is located in Holly

Exterior

Frontage 210

Lot Size Area 2.2

Lot Dimensions 210 x 249 x 210

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 9

* Excluded Features

List By

Michael McClafferty

Listing Agent

Oakpointe Real Estate Advisors

Broker

michael@oakpointeadvisors.com

Affordability Calculator

$6,345

Per Month

Monthly Principal & Interest: $5,942
Monthly Property Taxes: $404
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 Holly, MI

Average List Price ^$965,000

Percent of Sale Price 0%

About Holly, MI

6,225 Population

1% Since 2002

^$54,107 Median Income

38.61 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759454 Elementary School

760327 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/20/2026	$965,000		Listed Price

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16001 Dixie Highway, Holly, MI, 48442 is a Multi-Family Home for sale at $965,000 with 2,835 sqft and a lot size of 2.2. 16001 Dixie Highway is a studio with 9.0 baths and was built in 1950. The property's zip code is 48442 which is in Holly, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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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16001 Dixie Highway

Multi-Family Home for sale in Holly, MI

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