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2674 S Five Mile Rd, Midland, MI, 48640

2beds
2baths
1,400sqft
$110,000
$79price/sqft
$930/moest. monthly cost
$37,200/yrincome needed

About This Home

Exceptional Opportunity! Situated on approximately 8.84 acres in a peaceful rural setting, this property offers endless possibilities for investors, builders, or buyers looking for their next project. The existing home is in need of significant renovation and is being sold as-is, making this an excellent opportunity for those seeking a complete rehab or potential new construction site. Enjoy the privacy and country feel while remaining just a short drive from Midland. Whether you're dreaming of building your forever home, creating a hobby farm, or investing in acreage with future potential, this property provides the space and location to bring your vision to life. Buyers are encouraged to verify all information.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
Merrill Elementary SchoolGrades PK-58.9 mi
4/10
Merrill Middle SchoolGrades PK,6-88.8 mi
5/10
Merrill High SchoolGrades 9-128.9 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Slab
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Fixer-Upper,Investment

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main
  • Area: 210

Bedroom2

  • Level: Main
  • Area: 143

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 144

Family Room

  • Level: Main
  • Area: 648

Features

  • Finished area below ground: 0

Heating & Cooling

  • Heating features: LP/Propane Gas,Wood,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 14,000
  • Total interior livable area: 1,400 sqft

Kitchen

  • Level: Main
  • Area: 143

Living Room

  • Level: Main
  • Area: 238

Property

Details

  • Parcel number: 14001610014000
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Balcony,Pond
  • Waterfront features: Pond
  • Waterbody name: Pond
  • Frontage type: Road
  • Frontage length: 1320

Lot

  • Lot size: 8.85 Acres
  • Features: Deep Lot - 150+ Ft.
  • Lot size dimensions: 8.85 AC

Parking

  • Total spaces: 3
  • Parking features: Detached,3 or More Spaces,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Winter Weather
Hail
Inland Flooding
Lightning

FEMA Declared Disasters in Midland County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $556$6,672
Home Insurance *$59$708
Property Taxes $127$1,524
Electricity $188$2,259
Total$930$11,160
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,885/yr
40% on housing$27,900/yr
45% on housing$24,800/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.7%
8.7%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$79This listing

vs Other Active Listings

Avg $/sqft

ZIP 48640$148
Midland County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 48640$140
Midland County$140

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Pending sale$110,000
2026-07-30Listed for sale$110,000
2000-06-30Sold$35,000

For Sale by Agent

AgentCrystal Nelson
BrokerageRE/MAX of Midland

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