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16001 Dixie Highway Holly, MI $ 965,000
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16001 Dixie Highway
$ 965,000
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16001 Dixie Highway

Holly, MI, 48442
$ 965,000
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.

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Multi-Family Active

Price

$ 965,000

Bedrooms

Studio

Full Bath

9

Property Type

Multi-Family

Taxes

$ 4,842

Style

Lot Size

2.2

Year Built

1950

Town/City

Holly

County/Region

Oakland

MLS | Web ID

20261009360
Features
General
Sewer SepticTank
Heating Baseboard Propane
Possession AtClose
Garage Spaces 0.0
Architectural Style Other
Pool Features None
Construction Materials BrickVeneer
Pets Allowed Call
Year Built 1950
Levels One
Property Subtype MultiFamily
County Oakland
Net Operating Income 79934.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 9
Status Active
Directions South of Grange Hall Rd. on the East side of Dixie Hwy.
City GrovelandTownship_Oakland
Disclosures AnnualPropertyOperatingDataAvailable ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Holly
Zoning Description Commercial
Number Of Units Total 9
MLS Area Area02021GrovelandTwp
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 9
Land Lease Y/N N
Tax Annual Amount 4842.0
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 Active
Occupancy Type Tenant
Tax Assessed Value 117960
Expected Active Date 2026-02-19
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
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Exterior
Water Source Well
Total Parking 18.0
Foundation Details Slab
Spa N
Lot Dimensions 210 x 249 x 210
Lot Size Acres 2.2
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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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2835.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 9
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Internal Only
Street Number 1 16001
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* Excluded Features
List By
Michael McClafferty

Listing Agent

Oakpointe Real Estate Advisors

Broker

(248) 972-7040

Phone

Affordability Calculator

$6,345
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,942
Monthly Property Taxes
$404
Monthly 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
847981 Elementary School
848244 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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

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