Welcome to an incredible opportunity to acquire a cash-flowing, Waterfront multi-family property on Highland Road in Highland Township. The property features 8 apartment units spread across 2 buildings. This well-maintained asset includes:
(5) 1-Bedroom / 1 Bath Units,
(3) Studio Units.
Each unit has its own private entrance and full bathroom, with recent upgrades including:
Fresh interior and exterior paint, new flooring, newer roof (2021), new signage, new water filtration, new electrical service, and many additional updates included.
The on-site parking lot, individual electrical meters, and low utility costs make this property manageable. The property is 100% occupied, grossing each month, and includes several long-term tenants and leases extending until 2026. Interior showings only after accepted offer.
For sale
$849,900
1298 E Highland Rd, Highland, MI 48356
5beds
2,863sqft
Est.:
Multi Family
Built in 1974
-- sqft lot
$790,200 Zestimate®
$297/sqft
$-- HOA
What's special
- 92 days
- on Zillow |
- 575 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: 12 hours ago
Listed by:
Claudio Meroli 248-250-2937,
R2M Realty 248-688-7838
Source: Realcomp II,MLS#: 20250030561

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 8
Heating
- ENERGYSTAR Qualified Furnace Equipment, Forced Air, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 2,863 sqft
- Finished area above ground: 2,863
Property
Parking
- Parking features: Parking Lot, Paved
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3.68 Acres
Details
- Parcel number: 1123304002
- Zoning description: Commercial, MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Block, Vinyl Siding, Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1974
- Major remodel year: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Highland
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $140,860
- Annual tax amount: $7,164
- Date on market: 5/13/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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