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Explore Similar Apartments Within 2 Miles of Merill, MI

  • 609 E Paterson St, Flint, MI 48505
    609 E Paterson St, Flint, MI 48505
    609 E Paterson St, Flint, MI 48505
    /15

    $220,000

    • 6 Beds
    • 5 Baths
    • 2,888 Sq Ft

    609 E Paterson St, Flint, MI 48505

    Great opportunity for investors! This 5-unit multifamily property is ideally located near the University of Michigan – Flint campus and offers strong rental potential. The building includes four fully rented 1-bedroom units, plus a vacant 2-bedroom unit ready for a new tenant or owner-occupant. Tenants pay for their own electricity, with electric water heaters, baseboard heating, and stoves in

    Danny O'Brien Wentworth Real Estate Group

    609 E Paterson St, Flint, MI 48505
  • 325 W Paterson St, Flint, MI 48503
    325 W Paterson St, Flint, MI 48503
    325 W Paterson St, Flint, MI 48503
    /36

    $26,900

    • 4 Beds
    • 2 Baths
    • 1,501 Sq Ft

    325 W Paterson St, Flint, MI 48503

    Vacant 2-Family Flat in surprisingly good condition. It will need work in both kitchens, a small amount of work in each bathroom, it will need some drywall repairs, paint and carpet. It is not far from the school and hospital. This one could be a quick turnaround producing rental income in a very short amount of time. There are some foundational blocks in the basement that will need to be

    Roy Frank Metro Plus Realty, LLC

    325 W Paterson St, Flint, MI 48503
  • 1001 N Saginaw St, Flint, MI 48503
    1001 N Saginaw St, Flint, MI 48503
    1001 N Saginaw St, Flint, MI 48503
    /13

    $299,999

    • 8 Beds
    • 8 Baths
    • 5,170 Sq Ft

    1001 N Saginaw St, Flint, MI 48503

    READ SHOWING INSTRUCTIONS BEFORE SHOWING PROPERTY - Prime investment opportunity! This 8-unit multifamily property is perfectly positioned just blocks from the University of Michigan - Flint campus. With 6 of 8 units currently rented, this property offers immediate rental income with room for additional occupancy. Profit & loss statements and rental income details are available.

    Danny O'Brien Wentworth Real Estate Group

    1001 N Saginaw St, Flint, MI 48503
Michigan Flint Merill

Multi-Family Homes & Duplexes for Sale in Merill, Flint

Why Live in Merill
Merill is a residential neighborhood in northwestern Flint. Anchored by a central greenspace at Sarvis Park and surrounded by numerous other parks, the neighborhood has grappled with the effects of deindustrialization. But things are gradually reversing course. The community's efforts to revitalize have been noticeable in its recently remodeled homes and brand-new schools. Over the last few years, investors have set their sights on Merill's low price points for homes. The neighborhood sees a median single-family home price of $25,000, mostly driven by investment properties. Some are sold as "HUD homes," meaning their buyers – typically owner occupants – purchase the property from the U.S. Department of Housing and Urban Development. But most of these properties need some TLC, whether it be for light cosmetic work or intensive structural repairs. Remodeling projects have led to an increased supply of move-in ready single-family homes, mostly Craftsman cottages and second story overhangs. Buyers looking for a move-in ready home typically pay between $60,000 and $95,000. Most investors pay between $15,000 and $40,000 for a property in need of repairs. Public schools in Flint use a
Learn more about living in Merill

Home Trends in Merill, MI

On average, homes in Merill, Flint sell after 39 days on the market compared to the national average of 50 days. The median sale price for homes in Merill, Flint over the last 12 months is $25,000, down 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$25,000
Median Single Family Sale Price
$25,000
Average Price Per Sq Ft
$39
Number of Homes for Sale
3
Last 12 months Home Sales
19
Months of Supply
1.90
Median List Price
$30,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-19%
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