Turnkey investment opportunity with immediate income potential! This well-maintained multi-family property features three updated units currently generating approximately $23,000 annually, with room to increase rents and maximize returns. Units 1 and 2 have been extensively renovated and share a durable metal roof (2018). Unit 1 includes a kitchenette and half bath and has previously operated as a beauty supply, boutique, and art studio—making it ideal for mixed-use or additional rental income. Unit 3 is an approximately 800 sq ft one-bedroom unit with a new roof (2021) and brand-new furnace (2026), offering low maintenance and strong rental appeal. All units have been updated with new flooring, paint, kitchens, and bathrooms, minimizing future capital expenditures. The property blends modern updates with sought-after historic charm, including arched doorways and wide trim. Additional income potential comes from the 24x40 pole barn with gas and electric—perfect for storage rental, workshop space, or tenant use. New barn roof installed in 2020. Ample on-site parking adds to tenant convenience. Whether you’re expanding your portfolio or looking for a live/work investment, this property offers versatility, stability, and upside potential.
For sale
$229,000
10201 N Clio Rd, Clio, MI 48420
3beds
1,170sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$225,200 Zestimate®
$196/sqft
$-- HOA
What's special
- 12 hours |
- 103 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Richelle L Kitchen 810-955-6166,
REMAX Right Choice 810-686-8667
Source: MiRealSource,MLS#: 50204599
Originating MLS: East Central Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range/Oven, Refrigerator, Gas Water Heater
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 1,170
- Total interior livable area: 1,170 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Fencing: Fenced,Fence Owned
Lot
- Size: 0.83 Acres
- Dimensions: 99 x 325 x 99 x 325
Details
- Parcel number: 1827400012
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Na
Location
- Region: Clio
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $148,000
- Annual tax amount: $3,496
- Date on market: 4/17/2026
- Cumulative days on market: 2 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Total actual rent: 1700
Estimated market value
$225,200
$214,000 - $236,000
$1,822/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $229,000+218.1%$196/sqft |
Source: | ||
| 7/12/2019 | Sold | $72,000-23.4%$62/sqft |
Source: Public Record Report a problem | ||
| 4/15/2019 | Pending sale | $94,000$80/sqft |
Source: RE/MAX Town & Country #218117638 Report a problem | ||
| 12/12/2018 | Listed for sale | $94,000-27.7%$80/sqft |
Source: RE/MAX Town & Country #218117638 Report a problem | ||
| 11/7/2008 | Sold | $130,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,299 | $74,000 +3.9% |
| 2023 | -- | $71,200 +11.4% |
| 2022 | -- | $63,900 +10.7% |
| 2021 | -- | $57,700 +5.7% |
| 2020 | -- | $54,600 +5.2% |
| 2019 | -- | $51,900 +7.9% |
| 2018 | $1,616 -48.7% | $48,100 |
| 2017 | $3,148 +35.8% | $48,100 -25.8% |
| 2016 | $2,317 | $64,800 -2% |
| 2015 | $2,317 | $66,100 +8.2% |
| 2012 | -- | $61,100 -3.3% |
| 2011 | -- | $63,200 -0.3% |
| 2010 | -- | $63,400 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,465/mo
Principal & interest
$1198
Property taxes
$267
More affordability tools
Climate risks
Neighborhood: 48420
Nearby schools
GreatSchools rating
- 5/10Clio Intermediate SchoolGrades: 4-5Distance: 1.8 mi
- 4/10George R. Carter Middle SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Clio Area High SchoolGrades: 8-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Clio Area School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Genesee County
- Vienna
- 48420
- 10201 N Clio Rd








