$380,000
PENDING

405 E Michigan Ave Au Gres, MI 48703

Estimated payment $1,957/month

Total Views 790
9 Beds
8 Baths
4,904 Sq Ft
$77 Price per Sq Ft

Highlights

  • Corner Lot
  • Baseboard Heating
  • Wood Siding
  • 1-Story Property

About This Home

Astonishing investment property available in Au Gres! Riverside Apartments is situated on an acre in the heart of town, with close proximity to riverside park and the marina. This fully occupied 8 unit apartment building includes on site laundry for tenant convenience. Recent improvements include new electrical panels and meter, updated units, fresh paint inside and out, new gutters, and some new windows. This property is updated and ready for its new owner!

Listing Agent

Kathleen Wegner

Modern Realty License #mbr-6501464553 Listed on: 01/27/2026

Modern Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

Year Built

  • Built in 1950

Lot Details

  • 1.09 Acre Lot
  • Corner Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 020-0-015-000-015-00

Property Details

Home Type

Apartment

Est. Annual Taxes

$6

Year Built

Built in 1950

Lot Details

1.09 Acres

Listing Details

  • Originating MLS: Midland Board of REALTORS
  • Class: MULTIFAMILY
  • Type: Apartment
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 6033.32
  • Total Tax Year: 2024
  • Year Built: 1950
  • Mail City: Au Gres
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Bedrooms: 9
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Source of Sq Ft: Estimated

Exterior Features

  • Construction: Wood
  • Foundation Type: Crawl

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Heating System: Baseboard, Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 020-0-015-000-015-00
  • Location: Corner Lot
  • Lot Dimensions: Irregular
  • Acreage: 1.09
  • Zoning: Commercial
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2024, Amount: $2,766.28
  • Winter Tax: Year: 2024, Amount: $3,267.04
  • Total Tax: Year: 2024, Amount: $6,033.32

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Au Gres Sims School District

Map

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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 $5,832 $97,800 $0 $0
2024 $2,660 $95,800 $0 $0
2023 $2,549 $89,300 $0 $0
2022 $5,044 $89,900 $0 $0
2021 $4,825 $89,200 $0 $0
2020 $4,721 $93,500 $0 $0
2019 $4,612 $95,600 $0 $0
2018 $4,524 $90,400 $0 $0
2017 $0 $92,800 $0 $0
2016 $3,594 $91,800 $0 $0
2015 $866 $93,600 $0 $0
2014 $866 $87,400 $0 $0
2013 -- $87,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 Pending -- -- --
01/27/2026 01/27/26 For Sale $380,000 -- $77 / Sq Ft
Source: Midland Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $235,000 --
Source: Public Records

Source: Midland Board of REALTORS®

MLS Number: 50198253

Midland Board of REALTORS®

APN: 020-0-015-000-015-00

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