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12660 Grafton Rd, Carleton, MI, 48117

3beds
4baths
3,007sqft
$389,900
$130price/sqft
$2,818/moest. monthly cost
$112,720/yrincome needed

About This Home

Carleton-Mechanics dream!! Corner lot. Four unit Quad-Plex & 25 x 50 POLE BARN with a huge, vinyl fenced backyard. The pole barn has dirt floors & a separate parcel-it is included with the sale. Additional RV/boat black-topped parking on the North side of the house (enter from Grafton) & more between the pole barn (enter from Virginia) & the attached garage (which has a 10 car storage capability with 10 ft automatic doors & I-beam)! Unit A is a ~200 sq ft studio (was an office-currently used for a sauna) & Unit B is an ~800 sq ft studio apartment (currently leased to long term tenant who wants to stay). Both A & B are zoned Commercial. Unit C is owner occupied & zoned Residential. It is a 3 bedroom, 1 bath, upper ~1,000 sq ft unit with a Trex deck down to the yard & Jacuzzi. There is a fenced dog run with a bougie dog house/shed (electricity is hard-wired). Unit D is unfinished & zoned Residential. It is ~1,000 sq ft. Do not let this great opportunity pass you by! Clean & Move-In ready! Possession is negotiable. FHA available at no cost to the owner. **Owner & Tenant Occupied - 24 hour notice requested, but there is flexibility** BATVAI

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

6/10
5/10
Wagar Junior High SchoolGrades 7-81.4 mi
--

Construction

Condition

  • Year built: 1936

Materials

  • Foundation: Slab
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2

Features

  • Finished area above ground: 3,007

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Radiant,Steam
  • Cooling features: Central Air,Wall Units

Interior Area

  • Total interior livable area: 3,007 sqft

Property

Details

  • Parcel number: 580106000200
  • Zoning description: Commercial, Residential
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Back Yard,Fenced

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 80 x 166.6 x IRR

Parking

  • Total spaces: 10
  • Parking features: Garage,Oversized
  • 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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
Winter Weather
Tsunami

FEMA Declared Disasters in Monroe 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 $1,971$23,652
Home Insurance *$183$2,196
Property Taxes $337$4,044
Electricity $327$3,935
Total$2,818$33,816
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$96,617/yr
40% on housing$84,540/yr
45% on housing$75,146/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: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 48117$78
Monroe County$132

vs Homes Sold Last Month

Median $/sqft

ZIP 48117$208
Monroe County$173

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
2026-04-28Listed for sale$399,900

For Sale by Agent

AgentCraig Bollerud
BrokerageRE/MAX Dynamic

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