Well managed and fully occupied cash flowing opportunity in the quiet village of Hanover. This apartment complex is in excellent condition and has had major cap x done in the past 4 years including roof replacements and upgrades to well and septic and water filtration systems. Tenants are all current and every unit is in great condition. Professional property management has maintained and addressed issues as they arise- no deferred maintenance here! Vinyl sided, newer windows and new and well maintained mechanicals make this property ideal for an investor who truly wants to be hands off with a property that doesn't require municipal inspections. Separate mechanicals and utilities. SOLD AS IS Actuals are available. Land Contract terms offered at higher price see agent notes BATVAI
For sale
$435,000
327 E State St, Hanover, MI 49241
12beds
4,368sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$377,400 Zestimate®
$100/sqft
$-- HOA
What's special
Roof replacementsNewer windowsWell maintained mechanicals
- 51 days
- on Zillow |
- 395 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2025 at 08:17am
Listed by:
Heather Dell 248-464-1116,
RE/MAX Leading Edge 313-277-7777
Source: Realcomp II,MLS#: 20250014680

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 1
- Full bathrooms: 6
Heating
- Baseboard, Hot Water, Natural Gas, Radiant
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 4,368 sqft
- Finished area above ground: 4,368
Property
Parking
- Total spaces: 9
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.69 Acres
- Dimensions: 198.00 x 152.00
Details
- Parcel number: 000172812602000
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1964
- Major remodel year: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: LONE OAK SUB
Location
- Region: Hanover
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $138,115
- Annual tax amount: $7,441
- Date on market: 3/6/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Contract,Conventional
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