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2638 S Five Mile Rd, Midland, MI, 48640

2beds
1baths
887sqft
$100,000
$113price/sqft
$861/moest. monthly cost
$34,440/yrincome needed

About This Home

Opportunity Awaits on S. Five Mile Road! Bring your vision to this unique property located at 2638 S. Five Mile Road in Midland. Situated one acre in a desirable rural setting, this property offers endless potential for investors, builders, or buyers looking for a project. Enjoy the peaceful country atmosphere while remaining just minutes from Midland. With room to create your ideal homestead, hobby farm, or future home, this property is ready for its next chapter. This home has a large outbuilding. Property is being sold as-is. Buyers are encouraged to verify all information, including zoning, permitted uses, utilities, and building feasibility.

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: 1966

Materials

  • Foundation: Slab
  • Construction materials: Wood

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Manufactured Home

Interior

Appliances

  • Laundry features: Main Level

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main
  • Area: 266

Bedroom2

  • Level: Main
  • Area: 63

Bedrooms & Bathrooms

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

Features

  • Finished area below ground: 0

Heating

  • Heating features: LP/Propane Gas,Forced Air

Interior Area

  • Total structure area: 8,870
  • Total interior livable area: 887 sqft

Living Room

  • Level: Main
  • Area: 351

Property

Details

  • Parcel number: 14001610015000
  • Zoning description: Residential

Features

  • Levels: One
  • Stories: 1
  • Frontage type: Road
  • Frontage length: 165

Lot

  • Lot size: 1 Acres
  • Lot size dimensions: 165 x 231

Parking

  • Total spaces: 4
  • Parking features: Detached,3 or More Spaces,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 $505$6,060
Home Insurance *$53$636
Property Taxes $115$1,380
Electricity $188$2,259
Total$861$10,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,520/yr
40% on housing$25,830/yr
45% on housing$22,960/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: 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

$113This 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
2026-07-30Listed for sale$100,000

For Sale by Agent

AgentCrystal Nelson
BrokerageRE/MAX of Midland

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