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327 Reid Rd, Grand Blanc, MI, 48439

5beds
2baths
2,192sqft
$399,900
$182price/sqft
$2,884/moest. monthly cost
$115,360/yrincome needed

About This Home

A once in a lifetime opportunity to own one of Grand Blanc’s most iconic Victorian homes. A stunning multifamily duplex offering unmatched character, historic charm, and incredible income potential! Perfect for the savvy investor, owner-occupant, or anyone looking for a unique way to offset their mortgage, this rare property allows you to live comfortably in one level while generating rental income from the other. Whether you envision a long term rental, multi-generational living arrangement, private guest suite, or additional income stream, the possibilities are endless. The home features 5 bedrooms and 2 full bathrooms with a separate upper-level living space offering 2 bedrooms, its own kitchen, full bath, separate utilities, and beautiful views. The main level includes 3 bedrooms, a spacious living room, beautiful kitchen, bonus room, and access to a large deck overlooking the stunning backyard. Set on approximately 1 acre, this property is truly one of a kind with beautiful mature landscaping, three covered porches, a picturesque fishpond, greenhouse, carriage house/she shed with wood-burning stove, and an impressive heated 3-story barn with electricity, separate meter, and endless possibilities for a workshop, studio, storage, or hobbies. With abundant parking, two separate driveways, in the middle of the city, and award-winning Grand Blanc Schools, this property offers a rare opportunity to own a piece of Grand Blanc history while creating income, flexibility, and long-term value. Live in one side. Rent the other. Create income. Preserve a piece of history. Opportunities like this rarely come available!

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

7/10
--
Perry Learning CenterGrades PK-120.5 mi
7/10
Perry Innovation CenterGrades K-120.5 mi

Construction

Condition

  • Year built: 1873

Materials

  • Foundation: Basement,Stone
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Basement

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

Bedroom

  • Level: Second
  • Area: 224
  • Dimensions: 16 X 14

Bedroom

  • Level: Second
  • Area: 156
  • Dimensions: 13 X 12

Bedroom

  • Level: Entry
  • Area: 80
  • Dimensions: 8 X 10

Bedroom

  • Level: Entry
  • Area: 165
  • Dimensions: 15 X 11

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,192

Heating & Cooling

  • Heating features: Baseboard,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,192 sqft

Kitchen

  • Level: Entry
  • Area: 300
  • Dimensions: 25 X 12

Living Room

  • Level: Entry
  • Area: 255
  • Dimensions: 17 X 15

Living Room

  • Level: Second
  • Area: 374
  • Dimensions: 22 X 17

Other

  • Level: Entry
  • Area: 84
  • Dimensions: 12 X 7

Other

  • Level: Second
  • Area: 80
  • Dimensions: 10 X 8

Other

  • Level: Second
  • Area: 323
  • Dimensions: 19 X 17

Primary Bedroom

  • Level: Entry
  • Area: 192
  • Dimensions: 16 X 12

Property

Details

  • Parcel number: 5616530029
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Exist

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Covered,Deck,Porch
  • Exterior features: Lighting

Lot

  • Lot size: 1.01 Acres
  • Lot size dimensions: 98 x 197

Parking

  • Parking features: Driveway,No Garage

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 WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Genesee 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 $2,022$24,264
Home Insurance *$207$2,484
Property Taxes $416$4,992
Electricity $239$2,869
Total$2,884$34,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,880/yr
40% on housing$86,520/yr
45% on housing$76,906/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: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 48439$147
Genesee County$102

vs Homes Sold Last Month

Median $/sqft

ZIP 48439$159
Genesee County$122

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
2026-07-25Price change$399,900
2026-07-09Price change$439,000
2026-06-01Price change$449,000
2026-05-15Listed for sale$499,000
2025-09-22Listing removed$409,900
2025-08-04Price change$409,900
2025-07-12Listed for sale$435,000
2025-07-12Listing removed$579,000
2025-06-02Price change$579,000
2025-04-28Listed for sale$597,900
2025-03-10Listing removed$597,900
2025-02-03Price change$597,900
2025-01-06Price change$598,900
2024-11-25Price change$599,900
2024-10-09Listed for sale$699,900
2017-07-10Listing removed$99,900
2017-06-10Listed for sale$99,900
2017-06-09Sold$120,000
2016-11-14Pending sale$99,900
2016-11-02Listed for sale$99,900

For Sale by Agent

AgentMarleine McLeod
BrokerageReal Estate For A CAUSE

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