$749,000
$46K PRICE DROP

1523 Saint Clair River Dr Algonac, MI 48001

Estimated payment $4,527/month

Total Views 19,741
8 Beds
7 Baths
4,565 Sq Ft
$164 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • Deck
  • Ceiling height of 9 feet or more
  • 2-minute walk to Algonac City Park

About This Home

Discover an exceptional investment opportunity in the heart of downtown Algonac! This 7-unit property is a prime find, featuring a desirable mix of one two-bedroom unit and five one-bedroom units and a flat. Can see the river from the front windows and porch. Neighbors are a church and city building. Has seperate meters for gas and electric - dumpster area for trash. Everything has had a face lift in the last 5 years, new flooring, new tile bathrooms, fresh paint. Sewer (inside) has been updated along with a coin op washer and dryer! Tenants will love the charming and spacious common porches on both the upper and lower floors, perfect for relaxing and enjoying the vibrant downtown atmosphere. With its excellent location and variety of units, this property is poised for strong rental demand. no showings - do not approach - call agent

Listing Agent

Robert Kluck

Professional Leasing & Sales LLC License #MISPE-6501302849 Listed on: 06/09/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1995

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 59 x 124
  • Historic Home

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • On-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 7 Units
  • Village Of Algonac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-105-0444-000

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,439

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type: Apartment, Historic, Investment
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Styles: Colonial
  • Total Tax Amount: 6439
  • Year Built: 1995
  • Mail City: Algonac
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 9 Ft + Ceilings
  • Appliances: Range/Oven, Refrigerator
  • Basement: Yes
  • Basement Type: Block, Poured, Full, Outside Entrance
  • Bedrooms: 8
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Source of Sq Ft: Assessors Data
  • Estimated Sq Ft: 4565

Exterior Features

  • Construction: Aluminum, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Type: Basement
  • Roads: Paved Street

Garage/Parking

  • Parking: 3 Or More Spaces, On Street

Utilities

  • Water: Public Water
  • Water Heater: Gas
  • Cooling System: Ceiling Fan(s), Central A/C
  • Fuel Type: Natural Gas
  • Heating System: Boiler, Forced Air
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 01-105-0444-000
  • Lot Dimensions: 59 x 124
  • Acreage: 0.17
  • Lot Description: Sidewalks
  • Zoning: Multi-Family, Residential
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $5,996.00
  • Winter Tax: Year: 2024, Amount: $443.00
  • Total Tax: Amount: $6,439.00

Multi Family

  • Total Units: 7

MLS Schools

  • School District: Algonac Community School District

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

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
2025 $5,996 $118,300 $0 $0
2024 $5,996 $112,400 $0 $0
2023 $5,793 $109,800 $0 $0
2022 $4,231 $80,700 $0 $0
2021 $4,086 $73,000 $0 $0
2020 $4,254 $74,900 $20,500 $54,400
2019 $4,190 $74,100 $0 $0
2018 $3,690 $65,900 $0 $0
2017 $3,524 $62,900 $0 $0
2016 $3,318 $62,900 $0 $0
2015 -- $58,200 $23,300 $34,900
2014 -- $62,000 $23,300 $38,700
2013 -- $72,100 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $749,000 -5.8% $164 / Sq Ft
06/09/2025 06/09/25 For Sale $795,000 +44.5% $174 / Sq Ft
12/27/2022 12/27/22 Sold $550,000 0.0% $122 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $550,000 -5.2% $122 / Sq Ft
10/07/2022 10/07/22 For Sale $579,900 +673.2% $129 / Sq Ft
05/14/2020 05/14/20 Sold $75,000 -24.2% $16 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $99,000 -31.7% $22 / Sq Ft
03/10/2020 03/10/20 Price Changed $145,000 0.0% $32 / Sq Ft
03/10/2020 03/10/20 For Sale $145,000 -3.3% $32 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/27/2020 02/27/20 Price Changed $149,900 -25.0% $33 / Sq Ft
02/25/2020 02/25/20 Price Changed $199,900 -4.4% $44 / Sq Ft
02/18/2020 02/18/20 Price Changed $209,000 -16.1% $46 / Sq Ft
01/10/2020 01/10/20 Price Changed $249,000 -9.4% $55 / Sq Ft
06/10/2019 06/10/19 Price Changed $274,900 -8.1% $60 / Sq Ft
05/31/2019 05/31/19 For Sale $299,000 +24.6% $66 / Sq Ft
08/28/2018 08/28/18 Sold $240,000 -11.1% $53 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $269,900 +3.8% $59 / Sq Ft
05/16/2018 05/16/18 Price Changed $259,900 -10.3% $57 / Sq Ft
05/04/2018 05/04/18 For Sale $289,900 -- $64 / Sq Ft
Source: Michigan Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 --
Warranty Deed $240,000 New Title Company Name
Warranty Deed $240,000 New Title Company Name
Quit Claim Deed $133 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,000 Construction
Previous Owner $175,000 New Conventional
Previous Owner $65,000 New Conventional
Previous Owner $317,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Robert Kluck

Professional Leasing & Sales LLC

(810) 641-4887

Section Image

Robert Kluck is an Owner and an Investor in Real Estate and seeks to use all her knowledge and experience to help her clients whether it is the first home they have ever purchased or that special office building or retail center that will preserve their earnings for a satisfying and secure retirement. If you are a self-managed complex, call them to see how your Board can focus on the complex and not the day-to-day billing and operation.

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Source: Michigan Multiple Listing Service

MLS Number: 50177737

Michigan Multiple Listing Service

APN: 01-105-0444-000