NOT LISTED FOR SALE

1298 E Highland Rd Highland, MI 48356

Highland Area
-- Bed
8 Baths
2,863 Sq Ft
3.68 Acre Lot

Sale Details

Date Sold: September 2, 2025

Last sale price $775,000 $271 Per Sq Ft

64 Days on Market

Highlights

  • 3.68 Acre Lot
  • Dogs and Cats Allowed
  • Wood Siding
  • Forced Air Heating System

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Claudio Meroli

R2M Realty License #6501390175 Listed on: 05/12/2025

Last Buyer's Agent

Unidentified Agent

Unidentified Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1974

Lot Details

  • 3.68

Home Design

  • 2,863 Sq Ft Home
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Furnace
  • Heating System Uses Natural Gas
  • Well

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

3.68 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1974
  • State Equalized Value: 140860.00
  • Year Renovated: 1974
  • Pets Allowed: CatsOk, DogsOk
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 3.68
  • Co List Office Mls Id: 432424
  • Above Grade Finished Sq Ft: 2863.00
  • Living Area: 2863.00
  • ClassName: ResidentialIncome
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Full Bathrooms: 8

Exterior Features

  • Waterfront: No
  • Foundation Details: Slab
  • Construction Materials: Block, VinylSiding, WoodSiding
  • Road Frontage Type: Paved
  • Disclosures: ActualIncome, NoRestrictions, TaxesNotHomesteadExempt
  • Roof: Asphalt

Utilities

  • Heating: ENERGYSTARQualifiedFurnaceEquipment, ForcedAir, NaturalGas
  • Sewer: SepticTank
  • Water Source: Well

Schools

  • Junior High Dist: HuronValley

Lot Info

  • Lot Size Area: 3.68
  • Lot Dimensions: Irregular
  • Parcel Number: 1123304002
  • Land Lease Expiration Date: 2025-10-12
  • Zoning Description: Commercial, MultiFamily

Rental Info

  • Monthly Rental Income: 8475.00

Tax Info

  • Tax Amount Summer: 5702.00
  • Tax Amount Winter: 1462.00
  • Tax Annual Amount: 7164.00

Multi Family

  • Gross Scheduled Income: 101700.00
  • Number Of Units Total: 8
  • Number of Efficiency Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
Sep 2, 2025
Sold by
Bought by
Seller's Agent
Claudio Meroli
R2M Realty
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$849,900
Sold Price
$775,000
Premium/Discount to List
-$74,900
-8.81%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$549,985
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2022
Closed on
Jun 10, 2022
Sold by
Bought by
Seller's Agent
Ryann Brier
Calder Properties
Buyer's Agent
Ryann Brier
EXP Realty (Wyoming) - I
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Title Connect
$525,000 Liberty Title
$535,000 Liberty Title
$299,000 Liberty Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $555,000
Closed $555,000
Previous Owner $440,000
Previous Owner $402,500
Previous Owner $224,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Sold $775,000 -8.8% $271 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
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% -- View Prior Sale
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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,829 $167,310 $0 $0
2024 $5,702 $140,860 $0 $0
2023 $5,025 $124,040 $0 $0
2022 $5,269 $105,200 $0 $0
2021 $4,039 $96,390 $0 $0
2020 $3,282 $91,700 $0 $0
2019 $3,926 $89,370 $0 $0
2018 $3,844 $83,310 $0 $0
2015 -- $76,910 $0 $0
2014 -- $74,710 $0 $0
2011 -- $87,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250030561

Realcomp
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