Map
Listed price in listed location currency (USD).
$3,300,000

03232

MLS® 20261080811

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 12800 sqft
Garage 
Taxes $15,344
Days Active 0
Lot Size 0.37 Acres
Approx. Age 1975
Avg. Price Per Sqft $257
MLS® Number 20261080811

Property Address: 811 N Main St, Milford, MI, 48381-1528

Average square foot calculated using Size range provided by listing agent.

Description

Milford Village Flats presents a rare opportunity to acquire a fully stabilized, 16-unit multifamily community in the heart of Milford, Michigan — one of Oakland County's most desirable and supply-constrained submarkets. The property comprises two well-maintained residential buildings offering an identical unit mix of all one-bedroom, one-bath floor plans averaging 740 square feet. With over two dedicated parking spaces per unit and a 100% occupancy rate, the asset generates monthly gross revenues exceeding $23, 647, equating to an annual gross potential income of $283, 700. The current owner has invested over $500, 000 in capital improvements over the last two years, substantially reducing future CapEx exposure for an incoming investor. Major exterior and structural upgrades include a brand-new roof, a fully milled and paved parking lot, updated property signage, and enhanced professional landscaping that elevates the asset’s curb appeal. On the interior, the community has undergone extensive modernization with high-end turnkey renovations featuring new cabinets, premium countertops, modern flooring, fresh paint, and updated contemporary fixtures. These comprehensive upgrades position the property to command premium rents while ensuring low-maintenance operations for years to come.
MLS® Number20261080811
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
Driveway
Garage Spaces
HeatBaseboard, Electric
A/CWindow Units

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

69 days

Today, For Sale for $3,300,000

Contemporary multi-unit dwelling featuring a combination of vertical siding and painted brick
For Sale · 0 days

$3,300,000

MLS® 20261080811

2 hours ago

Not Sold Yet

October 2026, For Sale for $3,300,000

Contemporary multi-unit dwelling featuring a combination of vertical siding and painted brick
For Sale · 0 days

$3,300,000

MLS® 20261080811

2 hours ago

Not Sold Yet

July 2026, For Sale for $3,300,000

Contemporary multi-unit dwelling featuring a combination of vertical siding and painted brick
For Sale · 69 days

$3,300,000

MLS® 20261059067

2 months ago

Not Sold Yet

Map

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