NOT LISTED FOR SALE

1298 E Highland Rd Highland, MI 48356

Highland Area
Studio
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

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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
  • Septic Tank

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
  • 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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Highland, MI

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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
J L Ventures Llc $525,000 Liberty Title
Adonai Rental Corporation $535,000 Liberty Title
1298 East Highland Road Llc $299,000 Liberty Title
Morey Sandra C -- 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 1298 Highland Llc $555,000
Previous Owner -- $440,000
Previous Owner Adonai Rental Corporation $402,500
Previous Owner 1298 East Highland Road Llc $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 +61.9% $297 / Sq Ft
08/31/2023 08/31/23 Sold $525,000 -4.5% $112 / Sq Ft View Prior Sale
07/11/2023 07/11/23 Price Changed $550,000 -7.6% $118 / Sq Ft
06/02/2023 06/02/23 Price Changed $595,000 -4.8% $127 / Sq Ft
05/17/2023 05/17/23 Price Changed $625,000 -3.8% $134 / Sq Ft
04/28/2023 04/28/23 Price Changed $650,000 -3.7% $139 / Sq Ft
02/15/2023 02/15/23 For Sale $675,000 +26.2% $144 / 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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