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$3,300,000

For Sale

4 hours ago

811 N Main St, Milford, MI

House

MLS® 20261059067

0 Bed

32 Bath

12800 sqft

32 Parking

  • Key Facts
  • Description
  • Map

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 20261059067

Property Address: 811 N Main Street, Milford Village, MI, 48381

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® Number20261059067
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
Driveway
Garage Spaces
HeatBaseboard, Electric
A/CWindow Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 29, 2026List Date
$3,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
811 N Main St, Milford, MI

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