104 Grand Ave, Mount Clemens, MI, 48043
About This Home
Rare fully occupied 5-unit multifamily opportunity in the heart of Mount Clemens. This well-cared-for income property offers long-term tenants, separate utilities, and a stabilized setup that can be difficult to find in the Metro Detroit suburbs. The property is a strong fit for investors looking to expand their rental portfolio, pursue steady cash flow, or explore a BRRR-style strategy. With full occupancy already in place and an established tenant history, this building gives buyers a clean starting point without having to fill vacancies from day one. Management company referrals are available upon request. All walkthroughs must be accompanied by proof of funds or a pre-approval letter. Full financials, including rent roll, leases, and audited financials, will be made available with an accepted Letter of Intent or Purchase Offer. Seller will not participate in financing. No seller financing, no land contracts, and no subject-to offers. Cash or conventional financing only. Perfect for new or experienced real estate investors, 1031 exchange buyers, or anyone looking to add a stabilized multifamily property to their portfolio.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Basement,Block
- Construction materials: Vinyl Siding
Notable Dates
- Major remodel year: 2023
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 5
Features
- Finished area above ground: 1,969
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 1,969 sqft
Property
Details
- Parcel number: 1111380012
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Porch
Lot
- Lot size: 7,405 sqft
- Lot size dimensions: 50.00 x 150.00
Parking
- Total spaces: 8
- Parking features: Garage,On Street,Oversized,Shared Driveway,Unassigned
- Has garage: Yes
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
- Tornado
- Inland Flooding
- Ice Storm
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Macomb County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $245 | $2,940 |
| Electricity | $214 | $2,577 |
| Total | $1,847 | $22,164 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Listed for sale | $239,900 |
| 2024-12-30 | Listing removed | $260,000 |
| 2024-09-21 | Price change | $260,000 |
| 2024-05-19 | Price change | $280,000 |
| 2024-04-13 | Listed for sale | $299,999 |
| 2020-09-22 | Listing removed | $139,900 |
| 2019-07-17 | Price change | $139,900 |
| 2019-06-17 | Listed for sale | $149,900 |
| 2018-12-01 | Listing removed | $153,000 |
| 2018-05-03 | Price change | $153,000 |
| 2017-06-13 | Listed for sale | $155,000 |
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