5054 Gratiot Ave Saint Clair, MI 48079
Estimated payment $1,785/month
Highlights
- 2.5 Car Detached Garage
- Patio
- Forced Air Heating System
About This Home
Discover this updated, income-generating 5-unit apartment building on a .55 acre lot, with a large garage! Unit updates include some flooring, paint, closets, and bathroom upgrades. Recent major improvements include two 50-gallon hot water tanks and roof work (2024), a new well pump & pressure regulator, and a septic system that's professionally serviced annually. This property does have some deferred maintenance and is in need of some upgrades- an exceptional value-add opportunity for investors or entrepreneurs! The property features three 1 bed/1 bath units, one 1+/1 unit, and one 2 bed/1 bath unit, plus a spacious 2.5-car garage with ample parking. With $3,650 in monthly rental income, lower township taxes, and natural gas used only for the furnace and hot water tanks-- this property is both profitable and efficient. Five separate electric meters add convenience and ease of management. Additional permitted uses expand the potential of this property even further: consider operating a daycare center, bed & breakfast, senior day care facility, or even running your own business from this property. Ideally located just minutes from the expressway and downtown Marysville, within the desirable Marysville School District (St. Clair Township mailing address), this property offers privacy, accessibility, and multiple income opportunities. A well & septic inspection have already been done- Contact the listing agent today for full details on this versatile investment!
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1960
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 92 x 308 x 109 x 251
- Rural Setting
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Block Basement Construction
- Oven or Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Parking
- 2.5 Car Detached Garage
- Workshop in Garage
- Lighted Parking
Outdoor Features
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 30-002-2021-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,018 | $161,500 | $0 | $0 |
| 2024 | $987 | $128,500 | $0 | $0 |
| 2023 | $940 | $106,700 | $0 | $0 |
| 2022 | $895 | $92,600 | $0 | $0 |
| 2020 | $2,839 | $76,200 | $76,200 | $0 |
| 2019 | $2,436 | $68,100 | $0 | $0 |
| 2018 | $3,122 | $68,100 | $0 | $0 |
| 2017 | $3,044 | $66,300 | $0 | $0 |
| 2016 | $702 | $66,300 | $0 | $0 |
| 2015 | -- | $61,800 | $61,800 | $0 |
| 2014 | -- | $61,200 | $61,200 | $0 |
| 2013 | -- | $63,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | Pending | -- | -- | -- | |
| 12/15/2025 12/15/25 | Price Changed | $268,000 | -2.5% | $89 / Sq Ft | |
| 11/15/2025 11/15/25 | Price Changed | $275,000 | -5.1% | $92 / Sq Ft | |
| 10/21/2025 10/21/25 | Price Changed | $289,900 | -3.3% | $97 / Sq Ft | |
| 10/06/2025 10/06/25 | Price Changed | $299,900 | -3.3% | $100 / Sq Ft | |
| 09/24/2025 09/24/25 | Price Changed | $310,000 | -6.6% | $103 / Sq Ft | |
| 08/18/2025 08/18/25 | For Sale | $332,000 | +58.1% | $111 / Sq Ft | |
| 04/29/2019 04/29/19 | Sold | $210,000 | -6.6% | $70 / Sq Ft | View Prior Sale |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- | |
| 02/15/2019 02/15/19 | Price Changed | $224,900 | -2.2% | $75 / Sq Ft | |
| 12/14/2018 12/14/18 | For Sale | $229,900 | -- | $77 / Sq Ft |
Source: Michigan Multiple Listing Service
MLS Number: 50185536
APN: 74-30-002-2021-000
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Source MLS: MiRealSource
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Ask me questions while you tour the home.