Investor Alert! Outstanding value-add opportunity in Mount Morris with strong upside potential for investors, rehabbers, and builders looking for their next project. Located in an established residential neighborhood with convenient access to major roads, shopping, schools, and everyday amenities, this property offers excellent potential as a future rental, flip, or affordable owner-occupant renovation project. The home sits on a concrete slab foundation and already has several major components in place, including an updated/date-coded fuse system and available cabinets that can be included with the sale. With the right vision and improvements, this property has the potential to become a strong income-producing asset or starter home. Property requires significant renovations and completion before occupancy, making it ideal for experienced investors or contractors seeking a project with upside and ARV potential in a high-demand rental market.
Novation: Buyer has equitable interest in the property and is marketing the property with the owner’s authorization in order to locate a new buyer.
For sale
Price cut: $1K (6/4)
$47,999
8325 Walter St, Mount Morris, MI 48458
2beds
1,050sqft
Single Family Residence
Built in 1949
6,969 Square Feet Lot
$-- Zestimate®
$46/sqft
$-- HOA
What's special
- 53 days |
- 274 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Sonny Kaushik 810-209-9995,
Ikon Property Group 810-209-9995
Source: Realcomp II,MLS#: 20261032482
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 156
- Dimensions: 12 X 13
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 10 X 11
Other
- Level: Entry
- Area: 40
- Dimensions: 5 X 8
Kitchen
- Level: Entry
- Area: 120
- Dimensions: 10 X 12
Living room
- Level: Entry
- Area: 224
- Dimensions: 14 X 16
Heating
- Forced Air, Natural Gas
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total interior livable area: 1,050 sqft
- Finished area above ground: 1,050
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 60 x 120
Details
- Parcel number: 1106501161
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Michigan Basement
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: DIXIE HILLS
HOA
- Has HOA: No
Location
- Region: Mount Morris
Financial & listing details
- Price per square foot: $46/sqft
- Tax assessed value: $40,105
- Annual tax amount: $2,310
- Date on market: 5/9/2026
- Cumulative days on market: 53 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,045/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $47,999-2%$46/sqft |
Source:  Realcomp II #20261032482 Report a problem | ||
| 5/24/2026 | Price change | $48,999-2%$47/sqft |
Source: Realcomp II #20261032482 Report a problem | ||
| 5/9/2026 | Listed for sale | $50,000+100%$48/sqft |
Source: Realcomp II #20261032482 Report a problem | ||
| 2/22/2023 | Sold | $25,000-59.9%$24/sqft |
Source: Realcomp II #20221070123 Report a problem | ||
| 5/31/2022 | Sold | $62,395+45.4%$59/sqft |
Source: Public Record Report a problem | ||
| 3/31/2000 | Sold | $42,900+65.6%$41/sqft |
Source:  MiRealSource #20139051 Report a problem | ||
| 6/13/1994 | Sold | $25,900$25/sqft |
Source: MiRealSource #20123258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,298 +96% | $42,100 +8.2% |
| 2024 | $1,172 | $38,900 +13.7% |
| 2023 | -- | $34,200 +9.6% |
| 2022 | -- | $31,200 +11% |
| 2021 | -- | $28,100 +16.6% |
| 2020 | -- | $24,100 +14.8% |
| 2019 | -- | $21,000 +12.3% |
| 2018 | $820 +84.2% | $18,700 +3.3% |
| 2017 | $445 +0.9% | $18,100 +4% |
| 2016 | $441 | $17,400 +13% |
| 2015 | $441 +192.5% | $15,400 +14.9% |
| 2014 | $151 | $13,400 +6.3% |
| 2012 | -- | $12,600 -2.3% |
| 2011 | -- | $12,900 -52.7% |
| 2010 | -- | $27,300 -8.7% |
| 2008 | $667 | $29,900 -3.5% |
| 2006 | -- | $31,000 +3.3% |
| 2005 | -- | $30,000 |
| 2004 | -- | $30,000 +7.1% |
| 2003 | -- | $28,000 +8.9% |
| 2002 | -- | $25,700 +3.6% |
| 2001 | -- | $24,800 +73.4% |
| 2000 | -- | $14,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 48458
Nearby schools
GreatSchools rating
- 2/10Moore Elementary SchoolGrades: 2-3Distance: 0.1 mi
- 2/10Mt. Morris Junior High SchoolGrades: 6-8Distance: 0.4 mi
- 3/10E.A. Johnson Memorial H.S.Grades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Genesee County
- Mount Morris
- 48458
- 8325 Walter St
Nearby cities
Nearby zip codes
Other Mount Morris Topics
