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Sold on 06/01/2021
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309 N Davison St, Davison, MI 48423

$221,000

Last sold 06/01/2021 for $156K

  • —

    bed

  • 3

    bath

  • 2,135

    Sqft ($73/Sqft)

Multi-family not for sale
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About 309 N Davison St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Rental estimate
Property description
Recently remodeled triplex apartment house available in the heart of downtown Davison within walking or biking distance of Kroger, Davison home bakery, and a number of restaurants. This apartment complex features luxury laminate floor, stainless steel appliances, a recent remodeled kitchens and bathrooms. Great reliable residents who will have lease carry over to new owner (fully leased). This is a great investment property. Rare find with a great location. There are potential improvements like adding washer and dryer or sub metering water for additional income. Seller is licensed real estate agent.
Listed by
Listing Agent - Stephen Miller
Listing Agent Contact: (734) 274-9521
Listing Office - Block Real Estate
Source: Realcomp mls logo
MLS#2210028954 • last updated 3 years ago
Movoto checked Realcomp for data 25 minutes ago
Interior
Cooling/AC Ceiling Fan(s), Wall Unit(s)
Heating Forced Air
Levels/Style 2 Story, Victorian
# Full Baths 3
Basement Unfinished
Interior Features De-Humidifier, Carbon Monoxide Alarm(s), Cable Available
Exterior
Foundation Poured, Crawl, Michigan Basement
Construction Vinyl
Roof Asphalt
# Parking Spaces 3
Patio/ Porch Porch - Covered, Deck, Porch
Location
Subdivision RISINGS ADD
APN 5210506027
Directions Driving North On N STATE RD Take Right Onto Mill St, Go Straight Until N Davison And Take Left.
Zoning Multi-Family
Multifamily Details
Rent Includes Water/Sewer, Water
# Units Leased 3
Gross Scheduled Income 23460
Net Operating Income 20240
Income Projection Actual
Monthly Rental Income 1955
Lot/ Land Details
Road Frontage Paved
$221K
Range: $161K-$280K
Last 30 days 
Rental est.: $1,125/month
Gross rent multiplier: 11.6
  • Jun 2021
    mls logo MLS # 2210028954
  • Jun 10, 2021 Sold
    $156,500 (-1.6%)
  • Jun 3, 2021 Pending
    —
  • May 20, 2021 Price Change
    $159,000 (-6.5%)
  • May 14, 2021 Price Change
    $170,000 (+6.9%)
  • Apr 25, 2021 Listed
    $189,900 (+81.0%)
  • Apr 2021
    mls logo MLS # 40166977
  • Apr 25, 2021 Listed
    $159,000 (-16.3%)
  • Jan 2019
    mls logo MLS # 21535650
  • Jan 10, 2019 Sold
    $104,900
  • Dec 13, 2018 Listed
    $104,900
  • Jan 2019
    mls logo MLS # 100005019
  • Jan 10, 2019 Sold
    $104,900
  • Dec 20, 2018 Pending
    —
  • Dec 13, 2018 Listed
    $104,900 (+58.9%)
  • Dec 2013
    mls logo MLS # 30030459
  • Dec 17, 2013 Sold
    $66,000
  • Aug 28, 2013 Listed
    $72,900
  • Dec 2013
    mls logo MLS # 20372744
  • Dec 17, 2013 Sold
    $66,000 (-9.5%)
  • Aug 28, 2013 Listed
    $72,900
  • Year Property taxes Tax assessment
  • 2023
    $5,031 +105.7%
    $80,500 +8.49%
  • 2021
    $2,446 -13.8%
    $74,200 +13.63%
  • 2019
    $2,838 +2.1%
    $65,300 +33.54%
  • 2018
    $2,781 +1.5%
    $48,900
  • 2016
    $2,739 +0.4%
    $48,900 +9.64%
  • 2015
    $2,728
    $44,600
  • 309 N Davison St
    $156K
  • Davison
    —
  • 48423
    $269K +5% y/y
  • Davison
    $269K +5% y/y
No chart available
Statistics calculated by Movoto

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7/10
Central Elementary School
public Grades PK, 1-4
Davison Community Schools
N/A
Thomson Elementary School
public Grades PK, K
Davison Community Schools
6/10
Hahn Intermediate School
public Grades 5-6
Davison Community Schools
10/10
Hill Elementary School
public Grades K-4
Davison Community Schools
6/10
Davison Middle School
public Grades 7-8
Davison Community Schools
Source: GreatSchools.org © 2026. All rights reserved.

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