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218 Mill St, Rochester, MI, 48307

2beds
3baths
1,720sqft
$575,000
$334price/sqft
$3,861/moest. monthly cost
$154,440/yrincome needed

About This Home

Opportunities like this truly never come up. A rare find in the heart of Rochester, this completely updated townhouse-style condo offers the perfect combination of location, lifestyle, and low-maintenance living. Ideally situated directly across from the scenic Clinton River and the Clinton River Trail, this home delivers peaceful views and outdoor access while being just 300 steps from downtown. Inside, you’ll find a fully renovated, turnkey space featuring 2 bedrooms, 2.5 bathrooms, a bright open layout, large windows, and a cozy gas fireplace. The updated kitchen is equipped with stainless steel appliances and flows seamlessly into an additional dining area with a custom bar—perfect for entertaining. Additional highlights include in-unit laundry, a finished basement with storage, private garage parking with Tesla charger capability, and new air conditioning. With an incredibly low HOA of just $200/month covering grounds maintenance and trash, this property offers unmatched value in a highly sought-after location. Rare. Updated. Walkable. This is downtown Rochester living at its finest—and a chance that simply doesn’t come around often.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

6/10
9/10
Stoney Creek High SchoolGrades 6-121.7 mi
9/10
Hart Middle SchoolGrades PK,6-121.7 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial,Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Free Standing Gas Range,Free Standing Refrigerator,Microwave,Stainless Steel Appliances,Wine Refrigerator
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 15 X 12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 144
  • Dimensions: 9 X 16

Family Room

  • Level: Entry
  • Area: 180
  • Dimensions: 15 X 12

Features

  • Jetted Tub
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area above ground: 1,720

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fans,Central Air

Interior Area

  • Total interior livable area: 1,720 sqft

Kitchen

  • Level: Entry
  • Area: 160
  • Dimensions: 10 X 16

Living Room

  • Level: Entry
  • Area: 300
  • Dimensions: 15 X 20

Other

  • Level: Second
  • Area: 48
  • Dimensions: 8 X 6

Other

  • Level: Entry
  • Area: 30
  • Dimensions: 5 X 6

Primary Bathroom

  • Level: Second
  • Area: 160
  • Dimensions: 16 X 10

Primary Bedroom

  • Level: Second
  • Area: 330
  • Dimensions: 15 X 22

Property

Details

  • Parcel number: 1514155012
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevel
  • Patio & porch: Patio,Terrace
  • Exterior features: Grounds Maintenance,Lighting,Private Entrance
  • Waterfront features: River Access
  • Waterbody name: Clinton River

Parking

  • Total spaces: 1
  • Parking features: One Car Garage,Assigned 2 Spaces,Attached,Electric Vehicle Charging Stations,Electricityin Garage,Parking Lot,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 1

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
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Oakland 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 $2,907$34,884
Home Insurance *$168$2,016
Property Taxes $598$7,176
Electricity $188$2,259
Total$3,861$46,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,377/yr
40% on housing$115,830/yr
45% on housing$102,960/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: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$334This listing

vs Other Active Listings

Avg $/sqft

ZIP 48307$167
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48307$238
Oakland County$192

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
2026-05-12Price change$575,000
2026-04-10Listed for sale$599,990
2011-01-04Listing removed$249,999
2009-12-15Listed for sale$249,999

For Sale by Agent

AgentMatthew Berney
BrokerageQuest Realty LLC

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