Investment Opportunity: Income-Generating 3-Unit Property on 3/4 Acre Lot If you're looking to diversify your income and make a strategic investment, don’t miss this exceptional 3-unit property located on Utica Rd. Situated on a spacious 3/4-acre lot, this property offers strong income potential with all units currently occupied by long-term, reliable tenants. In addition to the residential units, the property includes six garages, all of which are fully rented, providing an additional stream of revenue. Its prime location, adjacent to a popular sports facility and close to major shopping centers, ensures high tenant demand and promising future growth. The expansive lot also presents excellent development potential, offering flexibility for future projects or expansion. This property is perfect for investors seeking consistent cash flow with the added benefit of long-term growth opportunities.
For sale
Price cut: $40K (11/5)
$335,000
34130 Utica Rd, Fraser, MI 48026
6beds
1,683sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$199/sqft
$-- HOA
What's special
Expansive lot
- 363 days |
- 1,550 |
- 76 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 10:27am
Listed by:
Mario Kattula 586-610-4110,
Keller Williams Realty Lakeside 586-532-0500
Source: MiRealSource,MLS#: 50164819
Originating MLS: MiRealSource
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Boiler
Cooling
- Ceiling Fan(s)
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,683
- Total interior livable area: 1,683 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage, Attached
- Attached garage spaces: 5
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.77 Acres
- Dimensions: 146 x 231
Details
- Parcel number: 031131252008
- Zoning description: Multi-Family
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1928
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & HOA
Community
- Subdivision: Na
Location
- Region: Fraser
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $265,400
- Annual tax amount: $7,329
- Date on market: 1/17/2025
- Cumulative days on market: 366 days
- Listing agreement: Exclusive Right to Sell/VR
- Listing terms: Cash,Conventional Blend,FHA,VA Loan
- Total actual rent: 3650
Estimated market value
Not available
Estimated sales range
Not available
$1,695/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Price change | $335,000-10.7%$199/sqft |
Source: | ||
| 6/11/2025 | Price change | $375,000-6.2%$223/sqft |
Source: | ||
| 1/17/2025 | Listed for sale | $399,900+160.5%$238/sqft |
Source: | ||
| 7/17/2020 | Sold | $153,500$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,330 +3.9% | $132,700 +5.7% |
| 2024 | $7,056 +6.7% | $125,500 +11.2% |
| 2023 | $6,611 +1% | $112,900 +7.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,075/mo
Principal & interest
$1589
Property taxes
$369
Home insurance
$117
Climate risks
Neighborhood: 48026
Nearby schools
GreatSchools rating
- 6/10Thomas A. Edison Elementary SchoolGrades: PK-6Distance: 0.8 mi
- 6/10Richards Middle SchoolGrades: 7-8Distance: 0.4 mi
- 9/10Fraser High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: Fraser Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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