$849,900

1298 E Highland Rd Highland, MI 48356

Estimated payment $5,218/month

Total Views 7,910
5 Beds
8 Baths
2,863 Sq Ft
$297 Price per Sq Ft

Highlights

  • 3.68 Acre Lot
  • Heating system powered by renewable energy
  • Dogs and Cats Allowed
  • 2-Story Property

About This Home

Welcome to an incredible opportunity to acquire a cash-flowing, Waterfront multi-family property on Highland Road in Highland Township. The property features 8 apartment units spread across 2 buildings. This well-maintained asset includes:(5) 1-Bedroom / 1 Bath Units,(3) Studio Units.Each unit has its own private entrance and full bathroom, with recent upgrades including:Fresh interior and exterior paint, new flooring, newer roof (2021), new signage, new water filtration, new electrical service, and many additional updates included.The on-site parking lot, individual electrical meters, and low utility costs make this property manageable. The property is 100% occupied, grossing each month, and includes several long-term tenants and leases extending until 2026. Interior showings only after accepted offer.

Listing Agent

Claudio Meroli

R2M Realty License #6501390175 Listed on: 05/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1974

Parking

  • Paved Parking

Home Design

  • 2,863 Sq Ft Home
  • 2-Story Property
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Utilities

  • Heating system powered by renewable energy
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 8 Full Bathrooms
  • 3.68 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1123304002

Community Details

Overview

  • 8 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,164

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Ranch
  • Architecture Level: 2 Story
  • Year Built: 1974
  • State Equalized Value: 140860.0000
  • Year Renovated: 1974
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Sq Ft Combined: 2863
  • Total Sq Ft: 2863

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Block, Vinyl, Wood
  • Frontage Feet: 200
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: ENERGY STAR® Qualified Furnace Equipment, Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Source: Well (Existing)

Schools

  • School District: Huron Valley

Lot Info

  • Lot Size Area: 3.68
  • Lot Dimensions: Irregular
  • Parcel Number: 1123304002
  • Zoning: Commercial, Multi-Family

Rental Info

  • Monthly Rental Income: 8475

Tax Info

  • Tax Amount Summer: 5702.0000
  • Tax Amount Winter: 1462.0000
  • Total Tax: 7164.0000
  • Taxable Value: 140860.0000

Multi Family

  • Gross Scheduled Income: 101700.00
  • Number Of Units Total: 8
  • Number of Efficiency Units: 3
  • Number of One Bedroom Units: 5
  • Number Of Units Leased: 8

MLS Schools

  • School District: Huron Valley

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $849,900 +58.9% $297 / Sq Ft
06/14/2022 06/14/22 Sold $535,000 -10.1% --
03/10/2022 03/10/22 Pending -- -- --
01/31/2022 01/31/22 For Sale -- -- --
12/31/2021 12/31/21 Pending -- -- --
12/31/2021 12/31/21 For Sale $595,000 -- --
Source: Realcomp

Source: Realcomp

MLS Number: 20250030561

Realcomp
Michigan Oakland County Highland Township

1298 E Highland Rd, Highland Township, MI

This home is located at 1298 E Highland Rd, Highland, MI 48356 and is currently priced at $849,900, approximately $296 per square foot. This property was built in 1974. 1298 E Highland Rd is a home located in Oakland County with nearby schools including Highland Elementary School, Muir Middle School, and West Highland Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Claudio Meroli
Listing Agent
Claudio Meroli
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R2M Realty
(947) 546-1926