St. Johns, MI 48879

New Listing
$285,000
Property Type: Multi Family Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $285,000 List Date: 2/19/2026 Last Modified: 2/19/2026

Description

Excellent investment opportunity with this 5-unit multifamily property where the majority of updates have already been completed. Four of the five units have been improved, offering strong rental potential and reduced upfront renovation costs. Only one remaining unit awaits finishing touches, providing immediate value-add upside for the next owner.With most of the heavy lifting already done, this property presents a great opportunity for investors looking to stabilize and increase cash flow quickly. Whether you're expanding your portfolio or entering the multifamily market, this asset offers both immediate income potential and future equity growth.

More Information MLS# 26006152

Location & Property Info

Cross Streets: N. Clinton & W Gibbs Property Sub-Type: 5+ Units Municipality: St Johns City

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 97' x 132' Road Frontage: 229 Waterfront: No Basement: No Total # Units: 5 # of Diff Unit Floor Plans: 3 Total # Bldgs: 1 Total Parking Spaces: 6 School District: St John Lot Measurement: Acres Lot Square Footage: 14375 Lot Acres: 0.33 Year Built: 1940

Tax Info

Taxable Value: 70907 SEV: 75700 For Tax Year: 2025 Seller's Annual Property Tax: 1839 Tax Year: 2025 Homestead %: 0 Spec Assessment & Ty: NA

Remarks & Misc

Public Remarks: Excellent investment opportunity with this 5-unit multifamily property where the majority of updates have already been completed. Four of the five units have been improved, offering strong rental potential and reduced upfront renovation costs. Only one remaining unit awaits finishing touches, providing immediate value-add upside for the next owner.With most of the heavy lifting already done, this property presents a great opportunity for investors looking to stabilize and increase cash flow quickly. Whether you're expanding your portfolio or entering the multifamily market, this asset offers both immediate income potential and future equity growth. Legal: WALKER & STEEL SUB. BLK 117, LOTS 19 & 20. CITY OF ST JOHNS T7N R2W

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Public Sewer: 1 Public Water: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Exterior Material

Vinyl Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Forced Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1

Substructure

Crawl Space: 1

Owner Pays

Sewer: 1 Trash Collection: 1 Water: 1

Unit 1

Unit #: 1 Unit Description: 1st Unit Occupied: Yes Monthly Rent: 950 Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Unit 2

Unit #: 2 Unit Description: 2nd Unit Occupied: Yes Monthly Rent: 725 Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 3

Unit #: 3 Unit Description: 3rd Unit Occupied: No Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 4

Unit #: 4 Unit Description: 4th Unit Occupied: No Bedrooms: 1 Bathrooms: 1 Full Baths: 1

Unit 5

Unit #: 5 Unit Description: Studio Occupied: Yes Monthly Rent: 700 Bathrooms: 1 Full Baths: 1

Possession

Close Of Escrow: 1

Location Property Info

County: Clinton State: MI Zip Code: 48879

OfficeContract Info

Status: Active Current Price: $285,000 List Price: $285,000 Listing Date: 2026-02-19

Remarks Misc

Directions: North on 127, left on North Clinton Ave.

Property Features

Exterior Material: Vinyl Siding Roofing: Composition Substructure: Crawl Space Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Natural Gas Heat Type: Forced Air Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None
Listing Office: Epique Realty
Listing Agent: Margaret Paige
IDX
Last Updated: February - 19 - 2026
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