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
Last Updated: February - 19 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
