416 Lake Street Howell, MI $ 300,000
416 Lake Street
$ 300,000
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416 Lake Street

Howell, MI, 48843
$ 300,000
Baths2.0 Sq 1,638

Monthly Estimate*

$ 1,847

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Studio

Multi-Family Home for sale in Howell, MI

for $300,000 with 2 full baths. This 1,638 square foot home was built in 1900 on a lot size of 0.23.

Welcome to 416 Lake St, an exceptional investment or house hacking opportunity! This versatile duplex in the heart of downtown Howell is just steps from Thompson Lake and all the charm this vibrant community has to offer. This thoughtfully designed property features two updated units with private entries, each with 2 bedrooms, full bathroom, and first floor in-unit laundry. Spacious living areas with newer flooring and kitchens come with appliances included, making both units move-in ready and easy to lease with high demand. Situated on a large lot with plenty of parking in the rear and multiple storage sheds, offering both convenience with flexibility. Walk to downtown restaurants, shops, the lake, and neighborhood parks from this ideal location. Dual-purpose property with the potential to convert back to a single-family home, giving you multiple options for future use. Whether you’re looking to add to your rental portfolio, house hack by living in one unit while renting the other, or secure a solid investment with built-in rental income, this duplex checks all the boxes. In addition, it offers an attractive upside as rents are currently below market, providing an immediate path to increased cash flow and maximized returns. Don’t miss out on this rare opportunity in one of Howell’s most walkable and sought-after neighborhoods!

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Multi-Family Pending

Price

$ 300,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,000

Style

Colonial,Duplex

Lot Size

0.23

Year Built

1900

Town/City

Howell

County/Region

Livingston

MLS | Web ID

20261021098

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CeilingFans CentralAir
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Covered Patio Porch
Architectural Style Colonial Duplex
Pool Features None
Construction Materials Brick VinylSiding
Exclusions Exclusion(s) Exist
Pets Allowed Yes
Year Built 1900
Levels Two
Property Subtype MultiFamily
County Livingston
Net Operating Income 24700.0
Operating Expense 6500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MCPHERSONS 2ND ADD
Garage Y/N Y
Other Structures Sheds
Full Baths 2
Status Pending
Directions N of Grand River E of Barnard house on N side of street
City HowellCity_Livingston
Disclosures ExclusionsExist NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Howell
Zoning Description Residential
Number Of Units Total 2
MLS Area Area01061Howell
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 5000.0
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 Pending
Occupancy Type Tenant
Tax Assessed Value 89171
Expected Active Date 2026-04-01
Legal Description SEC 36 T3N R4E CITY OF HOWELL MCPHERSON'S SECOND ADDITION LOT 118
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1638.0
Half Baths 0
Laundry Features ElectricDryerHookup WasherHookup
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features Garage
Water Source Public
Foundation Details MichiganBasement
Spa N
Lot Dimensions 66X154
Lot Size Acres 0.23
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 1 416
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* Excluded Features
List By
Daniel Gyomory

Listing Agent

@Properties Christie's Int'l Re Northville

Broker

(248) 924-9784

Phone

Affordability Calculator

$2,264
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$417
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
848802 Elementary School
847976 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$300,000 Listed Price

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416 Lake Street, Howell, MI, 48843 is a Multi-Family Home for sale at $300,000 with 1,638 sqft and a lot size of 0.23. 416 Lake Street is a studio with 2.0 baths and was built in 1900. The property's zip code is 48843 which is in Howell, MI