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.
Pending
Price cut: $80K (8/19)
$395,000
2150 Phillips Ave, Holt, MI 48842
9beds
3,596sqft
Multi Family
Built in 1988
-- sqft lot
$384,700 Zestimate®
$110/sqft
$-- HOA
What's special
- 79 days
- 494
- 35
Zillow last checked:
Listing updated:
Listed by:
Colleen Kennedy 248-417-1396,
Prospect Realty Group 248-417-1396
Source: Realcomp II,MLS#: 20261041776
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: $110/sqft
- Tax assessed value: $153,000
- Annual tax amount: $10,710
- Date on market: 6/5/2026
- Cumulative days on market: 79 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$384,700
$365,000 - $404,000
$1,400/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Pending sale | $395,000$110/sqft |
Source:  Realcomp II #20261041776 Report a problem | ||
| 8/19/2026 | Price change | $395,000-16.8%$110/sqft |
Source: Realcomp II #20261041776 Report a problem | ||
| 6/18/2026 | Listed for sale | $475,000$132/sqft |
Source: Realcomp II #20261041776 Report a problem | ||
| 6/11/2026 | Pending sale | $475,000$132/sqft |
Source: Realcomp II #20261041776 Report a problem | ||
| 6/5/2026 | Listed for sale | $475,000+33.8%$132/sqft |
Source: Realcomp II #20261041776 Report a problem | ||
| 6/13/2025 | Listing removed | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 11/15/2024 | Listed for rent | $1,100-12% |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/12/2023 | Listed for rent | $1,250 |
Source: Zillow Rentals Report a problem | ||
| 12/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/28/2023 | Price change | $1,250-10.7% |
Source: Zillow Rentals Report a problem | ||
| 8/12/2023 | Price change | $1,400+7.7% |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listed for rent | $1,300 |
Source: Zillow Rentals Report a problem | ||
| 5/26/2022 | Sold | $355,000+9.3%$99/sqft |
Source: Realcomp II #2220019955 Report a problem | ||
| 3/31/2022 | Pending sale | $324,900$90/sqft |
Source: Realcomp II #2220019955 Report a problem | ||
| 3/25/2022 | Listed for sale | $324,900+84.6%$90/sqft |
Source: Realcomp II #2220019955 Report a problem | ||
| 10/23/2015 | Sold | $176,000+27.6%$49/sqft |
Source: Public Record Report a problem | ||
| 10/1/2002 | Sold | $137,900$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48842
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