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Sold for $300,000 on 07/10/25
  • $300,000

    147 Myers Rd, Lapeer, MI 48446

    8beds
    4,020sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $1,687 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,687/mo

    Zestimate® history
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    What's special

    Spectacular opportunity to own this well-maintained 5-unit apartment building In Lapeer Twp! Owned by the same family for over 45 years. Situated on the top of the hill off the corner of Myers Rd and M-21 and better known as the “East Hill Apartments”. Each of the 5 units have their own separate utility meters (natural gas & electric). The entire building boasts over 4,000 square feet. Unit 1 is 675 sq ft on the first floor with 2 bedrooms, 1 bath, kitchen, plus laundry. Unit 2 is 1,100 sq ft lower and upper floor with 2 bedrooms, 1 bath, a living room, kitchen, laundry and enclosed porch. Unit 3 is 648 sq ft on the first floor with 1 bedroom, 1 bath, kitchen and laundry. Unit 4 is 1,108 sq ft on the second floor and has 2 bedrooms, 1 bath, kitchen, living room and laundry. Unit 5 is 576 sq ft on the first floor and has 1 bedroom, 1 bath, kitchen, living room and a screened porch. All 5 units have their own separate entrances and 4 out of 5 units have their own laundry hookup. Several of the apartments have been rented by the same tenants for many years. The roof, windows, siding, attic insulation and ventilation have been upgraded over approximately the past 10-15 years. A separate half an acre lot is included in the sale and is located directly to the north. This additional lot offers many opportunities and could be utilized for a potential garage building/carport. Conveniently located just a few minutes to downtown Lapeer or I-69.

    Zillow last checked: 8 hours ago

    Listing updated: August 02, 2025 at 11:30pm

    Listed by:

    Brandon K Rowley 810-728-6417,

    Realty Executives Main St LLC

    Bought with:

    Alex Hagopian, 6501384325

    KW Showcase Realty

    Source: Realcomp II,MLS#: 20250034437MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,020 sqft
    • Finished area above ground: 4,020

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 1.41 Acres
    • Dimensions: 127.00 x 272.00
    Details
    • Parcel number: 01200403900
    • Zoning description: Commercial
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Farmhouse
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Basement, Crawl Space, Stone
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Location
    • Region: Lapeer

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/11/2025Pending sale$325,000+8.3%$81/sqft
    Source: Realcomp II #20250034437
    7/10/2025Sold$300,000-7.7%$75/sqft
    Source: Realcomp II #20250034437
    5/12/2025Listed for sale$325,000-4.4%$81/sqft
    Source: Realcomp II #20250034437
    5/12/2025Listing removed$340,000$85/sqft
    Source: Realcomp II #20250018577
    4/18/2025Price change$340,000-10.5%$85/sqft
    Source: Realcomp II #20250018577

    Public tax history

    YearProperty taxesTax assessment
    2025$3,494 +8.1%$150,300 +1.1%
    2024$3,232 +5.4%$148,600 +17.6%
    2023$3,066 +6.7%$126,400 +16.4%

    Find assessor info on the county website

    Neighborhood: 48446

    Nearby schools

    GreatSchools rating
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