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Sold for $340,000 on 08/29/25
  • $340,000

    11151 Clinton River Rd, Sterling Heights, MI 48314

    6beds
    3,198sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $339,600 Zestimate®
    $106/sqft
    $1,739 Estimated rent

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    $1,739/mo

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    $2,142/mo

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    What's special

    *Updated Listing* SUPERIOR income property with TONS of improvement value, and more still remaining, with incredible instant equity available and a 19.6% cash on cash return. Zoned Class C (Commercial), R-60 (permissible for two family dwellings), maximize this investment as a multi unit residence in a prime time location! Situated on 3/4 of an acre, next to M-59 and major freeways, this completely fenced in property - with a boat gate - is comparable to no other, with all major shopping, travel and commute paths in easily accessible range. This beautifully wooded property feels like the country, situated in the center of the major community river walk renovation (state and federally funded), with a location that is about to boom, meaning huge returns on investment for any type of investor! Finish this property and generate $63,000 yearly 3,353 SF colonial/split ranch includes six bedrooms, two kitchens, and a partial kitchenette, three and a half baths, three laundry rooms and three separate entrance/exit points. Updated electrical, plumbing, new furnace, 30 year roof, new flooring, high end casement windows, new butcher block countertops and much, much, much more! Unit #2 is a ranch style that has 3 bedrooms (or two bedrooms and an office), with built in deep shiplap storage cabinets, one bathroom, including a jet whirlpool tub, a full kitchen with cantilevered butcher block for barstool seating, and laundry room with stackable washer and dryer. Unit #1 is a split level ranch and colonial, with three bedrooms, one and a half bathrooms, dining room, and a full workable kitchen and unfinished laundry room. Downstairs has a fully functional washer and dryer, bathroom sink and toilet (with an unfinished shower), partial kitchenette, access to all panels, meters, and furnace. Ductwork is split for two (or three) zones. Turn your investment into immediate income, or occupy one unit and rent out the other, while you make the finishing touches to this home into your perfect dream!

    Zillow last checked: 8 hours ago

    Listing updated: August 30, 2025 at 04:00am

    Listed by:

    Anthony Flagg 586-855-6425,

    EXP Realty

    Bought with:

    WMLAR Unrepresented Buyer

    WMLAR NON MEMBER

    Source: Realcomp II,MLS#: 20250031474MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • ENERGYSTAR Qualified Furnace Equipment, Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Gas Dryer Hookup, Laundry Room
    Features
    • Entrance Foyer
    • Windows: Energy Star Qualified Windows
    • Basement: Full,Partially Finished,Private
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,198 sqft
    • Finished area above ground: 2,145
    • Finished area below ground: 1,053

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Has garage: Yes
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Entrance, Accessible Kitchen, Accessible Washer Dryer, Common Area
    Features
    • Levels: Three
    • Stories: 3
    • Patio & porch: Patio, Porch
    • Exterior features: Gutter Guard System, Private Entrance
    • Pool features: None
    • Fencing: Back Yard,Fenced
    • Body of water: Clinton River
    Lot
    • Size: 0.69 Acres
    • Dimensions: 155.00 x 194.00
    Details
    • Parcel number: 1003454010
    • Zoning description: Multiple
    • Special conditions: Agent Owned,Short Sale No

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Brick, Brick Veneer
    • Foundation: Basement, Block, Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1960
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Above Ground Utilities

    Community & neighborhood

    Location
    • Region: Sterling Heights

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Assumable,Cash,Conventional,FHA,FHA 203K,Usda Loan
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    Estimated market value
    $339,600