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Sold for $400,000
  • $400,000

    2150 Phillips Ave, Holt, MI 48842

    9beds
    3,596sqft
    Multi Family
    Built in 1988
    -- sqft lot
    $383,200 Zestimate®
    $111/sqft
    $1,537 Estimated rent

    Home value

    $383,200

    $364,000 - $402,000

    $1,537/mo

    Zestimate® history
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    What's special

    Rare opportunity to purchase a four-unit multifamily investment property in Holt with strong rental demand and convenient access to Lansing, major employers, shopping, dining, and transportation corridors. The property consists of four residential units and is currently operated as an income-producing investment property. Recent capital improvements have been completed, including replacement of two HVAC systems and rehabilitation of one unit, helping to reduce near-term capital expenditure needs. Whether adding to an existing portfolio or entering the multifamily market, this property offers stable income potential in a desirable rental market. Financial information, rent roll, leases, and additional property details available upon request. Additional photography and floorplans coming soon.

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Kennedy 248-417-1396,

    Prospect Realty Group

    Bought with:

    Unidentified Agent

    Unidentified Office

    Source: Realcomp II,MLS#: 20261041776MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,596 sqft
    • Finished area above ground: 3,596

    Property

    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 0.48 Acres
    • Dimensions: 159 x 156
    Details
    • Parcel number: 250515435001
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Brick, Vinyl Siding
    • Foundation: Basement, Poured
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: CASSDAV
    Location
    • Region: Holt

    Financial & listing details

    • Price per square foot: $111/sqft
    • Tax assessed value: $153,000
    • Annual tax amount: $10,710
    • Date on market: 6/5/2026
    • Cumulative days on market: 75 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Warranty Deed
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    10/8/2026Sold$400,000+1.3%$111/sqft
    Source: Realcomp II #20261041776 Report a problem
    8/27/2026Pending sale$395,000$110/sqft
    Source: Realcomp II #20261041776 Report a problem
    8/19/2026Price change$395,000-16.8%$110/sqft
    Source: Realcomp II #20261041776 Report a problem
    6/18/2026Listed for sale$475,000$132/sqft
    Source: Realcomp II #20261041776 Report a problem
    6/11/2026Pending sale$475,000$132/sqft
    Source: Realcomp II #20261041776 Report a problem
    6/5/2026Listed for sale$475,000+33.8%$132/sqft
    Source: Realcomp II #20261041776 Report a problem
    6/13/2025Listing removed$1,100
    Source: Zillow Rentals Report a problem
    11/15/2024Listed for rent$1,100-12%
    Source: Zillow Rentals Report a problem
    12/15/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/12/2023Listed for rent$1,250
    Source: Zillow Rentals Report a problem
    12/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/28/2023Price change$1,250-10.7%
    Source: Zillow Rentals Report a problem
    8/12/2023Price change$1,400+7.7%
    Source: Zillow Rentals Report a problem
    2/18/2023Listed for rent$1,300
    Source: Zillow Rentals Report a problem
    6/13/2022Sold$355,000+9.3%$99/sqft
    Source: Public Record Report a problem
    3/31/2022Pending sale$324,900$90/sqft
    Source: Realcomp II #2220019955 Report a problem
    3/25/2022Listed for sale$324,900+84.6%$90/sqft
    Source: Realcomp II #2220019955 Report a problem
    10/23/2015Sold$176,000+27.6%$49/sqft
    Source: Public Record Report a problem
    10/1/2002Sold$137,900$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,226 +4.3%$171,500 +15.6%
    2024$9,808 $148,400 +2.1%
    2023-- $145,300 +22.7%
    2022-- $118,400 +37.7%
    2021-- $86,000
    2020-- $86,000 +4.4%
    2019$5,388 $82,400 +5%
    2018$5,388 -8.6%$78,500
    2017$5,895 $78,500
    2016$5,895 $78,500 +0.8%
    2015$5,895 $77,900 -0.4%
    2014$5,895 $78,200 -1.1%
    2013-- $79,100 +2.2%
    2012-- $77,400 -1.4%
    2011-- $78,500 -8.4%
    2010-- $85,700 -10.5%
    2009-- $95,800
    2008-- $95,800
    2007-- $95,800
    2006-- $95,800
    Find assessor info on the county website

    Neighborhood: 48842

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $383,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $383,200