2150 Phillips Avenue Holt, MI $ 475,000
2150 Phillips Avenue
$ 475,000
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2150 Phillips Avenue

Holt, MI, 48842
$ 475,000
Baths4.0 Sq 3,596

Monthly Estimate*

$ 2,925

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Studio

Multi-Family Home for sale in Holt, MI

for $475,000 with 4 full baths. This 3,596 square foot home was built in 1988 on a lot size of 0.48.

Rare opportunity to purchase a four-unit multifamily investment property in Holt with strong rental demand and convenient access to Lansing, major employers, shopping, dining, and transportation corridors. The property consists of four residential units and is currently operated as an income-producing investment property. Recent capital improvements have been completed, including replacement of two HVAC systems and rehabilitation of one unit, helping to reduce near-term capital expenditure needs. Whether adding to an existing portfolio or entering the multifamily market, this property offers stable income potential in a desirable rental market. Financial information, rent roll, leases, and additional property details available upon request. Additional photography and floorplans coming soon.

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,710

Style

Ranch

Lot Size

0.48

Year Built

1988

Town/City

Holt

County/Region

Ingham

MLS | Web ID

60999633

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 4
Half Baths 0
Bathrooms 4
Year Built 1988
Subdivision Cassdav MI
Style Ranch
County Ingham
Class MULTIFAMILY
Type Multi-Family
Net Income 31000
Ownership Private
Municipality Delhi Twp
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Delhi Twp (33004)
Primary City Holt
Directions From I-96 take Cedar St exit south to Aurelius Rd south to Don St then west to Phillips Ave.
City Holt
School District Holt Public Schools
Financial Terms Cash Conventional
Legal Description DP 4824 LOT 3 CASSDAV SUBD.
DOM 1
Postal Code 48842
Price Per Sq Ft Total AG 132.09
Public Remarks Rare opportunity to purchase a four-unit multifamily investment property in Holt with strong rental demand and convenient access to Lansing major employers shopping dining
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Interior
Basement Poured
Fireplace? No
Total Number of Units 4
Fuel Type Natural Gas
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Exterior
Exterior Brick Vinyl Siding
Frontage 62
Lot Size Area 0.48
Lot Dimensions 159 x 156
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Colleen Kennedy

Listing Agent

Prospect Realty Group

Broker

ckennedy@irgmi.com

Email

Affordability Calculator

$3,817
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$893
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
2219225 Elementary School
2219227 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$475,000 Listed Price

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2150 Phillips Avenue, Holt, MI, 48842 is a Multi-Family Home for sale at $475,000 with 3,596 sqft and a lot size of 0.48. 2150 Phillips Avenue is a studio with 4.0 baths and was built in 1988. The property's zip code is 48842 which is in Holt, MI