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!
Sold for $250,000
$250,000
5054 Gratiot Ave, Saint Clair, MI 48079
6beds
3,000sqft
Single Family Residence, Apartment
Built in 1960
-- sqft lot
$270,700 Zestimate®
$83/sqft
$1,198 Estimated rent
Home value
$270,700
$217,000 - $328,000
$1,198/mo
Zestimate® history
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$1,648/mo
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List your homeWhat's special
Large garage
Zillow last checked:
Listing updated:
Listed by:
Renee Bacon 810-357-9495,
KW Platinum
Bought with:
Renee Bacon, 6501422754
KW Platinum
Source: MiRealSource,MLS#: 50185536
Originating MLS: MiRealSource
Originating MLS: MiRealSourceFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Bedroom
- Level: Upper
- Area: 110
- Dimensions: 10 x 11
Bedroom 1
- Level: Entry
- Area: 110
- Dimensions: 11 x 10
Bedroom 2
- Level: Entry
- Area: 100
- Dimensions: 10 x 10
Bedroom 3
- Level: Entry
- Area: 120
- Dimensions: 12 x 10
Bedroom 4
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Bedroom 5
- Level: Upper
- Area: 110
- Dimensions: 10 x 11
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Bathroom 4
- Level: Second
Bathroom 5
- Level: Second
Heating
- Wall Furnace, Forced Air, Electric, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range/Oven, Refrigerator, Gas Water Heater
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 2.5
- Parking features: Garage, Lighted, Detached, Workshop in Garage
- Garage spaces: 2.5
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Frontage type: Road
- Frontage length: 92
Lot
- Size: 0.55 Acres
- Dimensions: 92 x 308 x 109 x 251
- Features: Rural
Details
- Parcel number: 300022021000
- Zoning: SFR, RS-1 and Residential Rural/Residential Improved. Non-conforming with St Clair Twp.
- Zoning description: Non-Conforming,Residential
- Special conditions: Private
Construction
Type & style
- Home type: Apartment
- Architectural style: Other
- Property subtype: Single Family Residence, Apartment
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Other-See Remarks, Private Well
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Saint Clair
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $323,000
- Annual tax amount: $4,361
- Date on market: 8/18/2025
- Cumulative days on market: 149 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Sold | $250,000-6.7%$83/sqft |
Source:  MiRealSource #50185536 Report a problem | ||
| 1/14/2026 | Pending sale | $268,000$89/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 12/15/2025 | Price change | $268,000-2.5%$89/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 11/15/2025 | Price change | $275,000-5.1%$92/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 10/21/2025 | Price change | $289,900-3.3%$97/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 10/6/2025 | Price change | $299,900-3.3%$100/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 9/24/2025 | Price change | $310,000-6.6%$103/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 8/18/2025 | Listed for sale | $332,000+58.1%$111/sqft |
Source: MiRealSource #50185536 Report a problem | ||
| 5/14/2019 | Sold | $210,000-6.6%$70/sqft |
Source: Public Record Report a problem | ||
| 2/15/2019 | Price change | $224,900-2.2%$75/sqft |
Source: MBA Real Estate Services #218118316 Report a problem | ||
| 12/15/2018 | Price change | $229,900+2.2%$77/sqft |
Source: MBA Real Estate Services #218118316 Report a problem | ||
| 4/16/2018 | Listed for sale | $224,900+7.1%$75/sqft |
Source: Advantage Realty #31344793 Report a problem | ||
| 10/23/2015 | Listing removed | $210,000$70/sqft |
Source: Realty Executives Broker of Record #214096122 Report a problem | ||
| 4/20/2015 | Price change | $210,000-8.7%$70/sqft |
Source: Realty Executives Broker of Record #214096122 Report a problem | ||
| 2/21/2015 | Listed for sale | $229,900+9.5%$77/sqft |
Source: Realty Executives America #214096122 Report a problem | ||
| 4/17/2007 | Sold | $210,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,361 +7.1% | $161,500 +25.7% |
| 2024 | $4,074 +4.7% | $128,500 +20.4% |
| 2023 | $3,890 +26.6% | $106,700 +15.2% |
| 2022 | $3,073 | $92,600 +20.9% |
| 2021 | -- | $76,600 +0.5% |
| 2020 | -- | $76,200 -15.6% |
| 2019 | $3,122 | $90,300 +32.6% |
| 2018 | -- | $68,100 +2.7% |
| 2017 | -- | $66,300 |
| 2016 | -- | $66,300 +7.3% |
| 2015 | -- | $61,800 +1% |
| 2014 | -- | $61,200 -3.2% |
| 2013 | -- | $63,200 +4.3% |
| 2012 | -- | $60,600 -11.4% |
| 2011 | -- | $68,400 |
| 2010 | -- | $68,400 -8.9% |
| 2009 | -- | $75,100 -26.7% |
| 2008 | -- | $102,500 +38.1% |
| 2007 | -- | $74,230 |
| 2006 | -- | -- |
| 2001 | -- | $53,141 +14.6% |
| 2000 | -- | $46,355 |
Find assessor info on the county website
Neighborhood: 48079
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Nearby schools
GreatSchools rating
- 6/10Washington Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 6/10Marysville Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10Marysville High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- District: Marysville Public School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$270,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$270,700
- Michigan
- Saint Clair County
- Saint Clair
- 48079
- 5054 Gratiot Ave
Nearby cities
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Other Saint Clair Topics
