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121 S Court St, Howell, MI, 48843

4beds
7baths
5,472sqft
$650,000
$119price/sqft
$4,636/moest. monthly cost
$185,440/yrincome needed

About This Home

Welcome to this historic gem in downtown Howell! Nestled in the heart of the city, this multifamily apartment building boasts a prime location, allowing residents to walk to everything – from local shops to dining establishments. The property has undergone a meticulous remodel, preserving its historic charm while offering modern amenities. With its unique character and prime location, this multifamily building presents a fantastic investment opportunity. The building has been thoughtfully updated, making it an attractive option for potential investors. A great mix of history and modern convenience, this property is sure to catch the eye of those seeking a sound real estate investment. An acceptable offer is required for viewing this exceptional building as it is currently fully occupied by tenants. This will provide a glimpse into the potential of this property as an investment, allowing you to envision the possibilities within this historic yet updated space. This multifamily apartment building backs up to the single largest new development in the city of Howell.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

7/10
Three Fires ElementaryGrades K-54.4 mi
6/10
Parker Middle SchoolGrades 6-82.8 mi
7/10
Howell High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Basement,Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Walk Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Finished area above ground: 5,472

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 5,472 sqft

Property

Details

  • Parcel number: 1736307060
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 50.00 x 99.00

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
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters in Livingston County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
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 $3,286$39,432
Home Insurance *$240$2,880
Property Taxes $514$6,168
Electricity $596$7,162
Total$4,636$55,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,948/yr
40% on housing$139,080/yr
45% on housing$123,626/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$119This listing

vs Other Active Listings

Avg $/sqft

ZIP 48843$201
Livingston County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 48843$208
Livingston County$212

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)

Price History

DateEventPrice
2024-10-24Listed for sale$650,000
2024-07-26Pending sale$650,000
2024-01-26Listed for sale$650,000
2021-05-27Listing removed--
2021-04-21Pending sale$550,000
2019-11-08Listed for sale$550,000

For Sale by Agent

AgentAaren D Currie
BrokerageNextHome Statewide Real Estate

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