Log In/Sign Up
Your email has been sent.
7134 N Dort Hwy 12 Unit Apartment Building $399,000 ($33,250/Unit) Mount Morris, MI 48458
Investment Highlights
- 12-unit single-story apartment building plus additional rented home, generating multiple income sources.
- Affordable acquisition price at $399,000 with receivership offering potential competitive advantage for investors
- Attractive value-add scenario through improved management practices and rental optimization.
- Situated on 1.64 acres, providing potential space for upgrades, enhancements, or long-term repositioning.
- Located near downtown Mount Morris with strong accessibility to shopping, services, and major roadways.
- Stable multifamily demand in the region with strong workforce and residential tenant appeal.
Executive Summary
7134 N Dort Highway in Mount Morris, Michigan, represents an exceptional multifamily investment opportunity positioned in a quiet, accessible setting just southeast of downtown Mount Morris. Priced at $399,000, this 2,595-square-foot property consists of a 12-unit, single-story apartment building complemented by an adjacent rented home on approximately 1.64 acres of land. The property layout is functional and easily manageable, catering to steady occupancy with diversified income streams across multiple rental units.
Offered as part of a receivership sale, the transaction will require court approval, creating notable potential for investors to acquire a value-add asset with favorable pricing. Strategic enhancements and operational efficiencies present opportunities to increase revenue and long-term property performance. With proximity to local amenities, retail corridors, and regional thoroughfares, this multifamily property offers reliable connectivity while maintaining a country feel, making it appealing for both workforce housing and smaller household demand.
Offered as part of a receivership sale, the transaction will require court approval, creating notable potential for investors to acquire a value-add asset with favorable pricing. Strategic enhancements and operational efficiencies present opportunities to increase revenue and long-term property performance. With proximity to local amenities, retail corridors, and regional thoroughfares, this multifamily property offers reliable connectivity while maintaining a country feel, making it appealing for both workforce housing and smaller household demand.
Property Facts
| Price | $399,000 | Apartment Style | Low-Rise |
| Price Per Unit | $33,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.64 AC |
| No. Units | 12 | Building Size | 2,595 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1956 |
| Zoning | Commercial - Commercial Zoned District | ||
| Price | $399,000 |
| Price Per Unit | $33,250 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.64 AC |
| Building Size | 2,595 SF |
| No. Stories | 1 |
| Year Built | 1956 |
| Zoning | Commercial - Commercial Zoned District |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 11-08-551-040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $139,900 |
Property Taxes
Parcel Number
11-08-551-040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$139,900
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7134 N Dort Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.