5645 E Grand River Avenue Howell, MI ^$ 975,000

5645 E Grand River Avenue

^$ 975,000

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5645 E Grand River Avenue

Howell, MI, 48843

^$ 975,000

Studio Baths0.0

Monthly Estimate*

^$ 6,156

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Studio

Multi-Family Home for sale in Howell, MI

for $975,000. This home was built in 1950 on a lot size of 0.29.

NEW AND IMPROVED!!! Well-maintained, turnkey 10-unit multifamily (+ coin laundry) in Howell generating $11,300/month in gross rental income. Recent capital improvements include a brand new roof (2026), new AC throughout the whole building, and a new tankless water heater, helping minimize future maintenance costs. Selling at an 11% cap rate, with a stable tenant base and four long-term Section 8 tenants providing reliable, government-backed income. Owner-reported operating expenses average approximately $1,916/month. Strong cash-flow opportunity with additional upside through future rent growth.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,061

Style

Lot Size

0.29

Year Built

1950

Town/City

Howell

County/Region

Livingston

MLS | Web ID

70511880

Features

General

Heating Forced Air

Garage Carport

Status Active Active

Year Built 1950

County Livingston

Class MULTIFAMILY

Type Multi-Family

Net Income 100600

Municipality Genoa Twp

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Genoa Twp (47005)

Primary City Howell

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26002193

City Howell

School District Howell Public Schools

Financial Terms Cash Conventional

Legal Description SEC. 10 T2N R5E GLEN ECHO LOTS 46 AND 47

DOM 190

Postal Code 48843

Public Remarks NEW AND IMPROVED!!! Well-maintained turnkey 10-unit multifamily (+ coin laundry) in Howell generating $11 300/month in gross rental income. Recent capital improvements include a brand new roof (2026)

Interior

Basement MI Basement

Total Number of Units 10

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding Wood

Frontage 140

Body of Water Lake Chemung

Lot Size Area 0.29

Lot Dimensions 104x40

Water Features Lake/River Access All Sports Lake

Roads City/County Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ryann Brier

Listing Agent

United Realty Services

Broker

ryannb.realtor@gmail.com

Affordability Calculator

$6,745

Per Month

Monthly Principal & Interest: $6,156
Monthly Property Taxes: $588
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 Howell, MI

Average List Price ^$541,000

Percent of Sale Price 45%

About Howell, MI

9,743 Population

4% Since 2002

^$44,689 Median Income

37.6 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759711 Elementary School

760423 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/27/2026	$975,000		Listed Price

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5645 E Grand River Avenue, Howell, MI, 48843 is a Multi-Family Home for sale at $975,000 with a lot size of 0.29. 5645 E Grand River Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 48843 which is in Howell, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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5645 E Grand River Avenue

Multi-Family Home for sale in Howell, MI

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