$229,900
PENDING

1261 W Grand Blanc Rd Grand Blanc, MI 48439

Estimated payment $1,592/month

Total Views 4,583
2 Beds
2.5 Baths
1,400 Sq Ft
$164 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • Private Entrance
  • Grand Blanc High School Rated A-
  • 2 Car Garage
  • Laundry Facilities

About This Home

** Beautiful multi-family duplex located in highly desirable Grand Blanc with convenient expressway access. This property features **two spacious units**, each with private entrances: - **First-Floor Unit**: Large 1-bedroom, 1.1 baths, bright living room, dining room, kitchen, and basement with washer and dryer. - **Second-Floor Unit**: 1-bedroom, updated bathroom, living room, and kitchen. Both units are equipped with **newer gas-forced air furnaces** for efficient heating. The property boasts an **oversized 2.5-car garage** and sits on a **generous 1/2-acre lot**, offering ample parking and outdoor space for tenant enjoyment. This duplex is surrounded by new development and has been meticulously maintained by the seller. **Long-term tenants of 18 years** provide a stable income, with the potential for rent increases. Don’t miss this chance to own a solid investment property in a growing area! **Please allow 24-hour notice for showings.**

Last Listed By

Rob Sprader

KW Showcase Realty License #6501259834 Listed on: 01/26/2025

KW Showcase Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1934

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 89x200
  • Private Entrance

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Sump Pump

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1524100004

Community Details

Pet Policy

  • Cats Allowed

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,692

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 322.00
  • Year Built: 1934
  • State Equalized Value: 64800.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Cats OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1400
  • Total Sq Ft: 1400
  • Sq Ft Total Bsmt: 924

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 89
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas, Separate Meters
  • Water Source: Well (Existing)
  • Laundry Facilities: Yes

Schools

  • School District: Grand Blanc

Lot Info

  • Lot Size Area: 0.53
  • Lot Dimensions: 89X200
  • Parcel Number: 1524100004
  • Zoning: Multi-Family, Residential

Rental Info

  • Rent Includes: Water/Sewer, Water, Yard Maintenance
  • Monthly Rental Income: 1625

Tax Info

  • Tax Amount Summer: 2805.0000
  • Tax Amount Winter: 887.0000
  • Total Tax: 3692.0000
  • Taxable Value: 64800.0000

Multi Family

  • Gross Scheduled Income: 195000.00
  • Number Of Units Total: 2
  • Number of One Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grand Blanc

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,805 $64,800 $0 $0
2023 $1,154 $58,700 $0 $0
2022 $2,727 $53,400 $0 $0
2021 $2,673 $50,600 $0 $0
2020 $1,808 $46,800 $0 $0
2019 $1,780 $44,000 $0 $0
2018 $2,454 $40,000 $0 $0
2017 $1,579 $33,000 $0 $0
2016 $1,563 $30,200 $0 $0
2015 $1,272 $27,100 $0 $0
2014 $1,001 $26,100 $0 $0
2012 -- $22,900 $22,900 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $229,900 +70.3% $164 / Sq Ft
03/31/2023 03/31/23 Sold $135,000 -3.5% $87 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
11/14/2022 11/14/22 For Sale $139,900 +69.6% $90 / Sq Ft
06/16/2017 06/16/17 Sold $82,500 -15.7% $60 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
04/27/2017 04/27/17 Price Changed $97,900 -18.3% $71 / Sq Ft
03/13/2017 03/13/17 Price Changed $119,900 -7.7% $87 / Sq Ft
02/07/2017 02/07/17 For Sale $129,900 -- $94 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Quit Claim Deed -- Detroit Title
Warranty Deed $135,000 Cislo Title Company
Warranty Deed $135,000 Cislo Title Company
Quit Claim Deed -- --
Warranty Deed $82,500 First American Title Ins Co
Quit Claim Deed -- First Amer Title Ins Co
Interfamily Deed Transfer -- --
Land Contract -- Lawyers Title Ins Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,015 FHA
Previous Owner $108,000 New Conventional
Previous Owner $108,000 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20250005617

Realcomp

APN: 15-24-100-004