Great investment opportunity! This fully rented 4-unit, 2-story apartment complex is ready to start or expand your investment portfolio. The property includes three 2-bedroom units and one 1-bedroom unit, all supported by a shared on-site laundry for tenant convenience. Situated on 0.76 acres, the property offers a large parking lot and a spacious backyard for tenants to enjoy. Recent updates include a brand-new roof (2024) and fresh exterior paint (2024), providing peace of mind for the next owner. With strong rental history and plenty of upside potential, investors have the opportunity to improve the units and increase overall property value. Don’t miss out on this turnkey income-producing property.
Sold for $290,000 on 12/23/25
Zestimate®
$290,000
4191 N Meridian Rd, Sanford, MI 48657
7beds
3,017sqft
Multi Family
Built in 1984
-- sqft lot
$290,000 Zestimate®
$96/sqft
$1,332 Estimated rent
Home value
$290,000
$273,000 - $310,000
$1,332/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2025 at 12:34pm
Listed by:
Darci Brown,
RE/MAX of Midland
Bought with:
Matt Smith, 6501402988
Modern Realty
Source: MIDMLS,MLS#: 50189968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Boiler
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 3,017
- Total interior livable area: 3,017 sqft
Property
Features
- Levels: Two
- Stories: 2
- Frontage length: 150
Lot
- Size: 0.76 Acres
- Dimensions: 150 x 220
Details
- Parcel number: 01003640005700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1984
Utilities & green energy
- Electric: Separate Electric
- Gas: LP/Propane Gas
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Sanford
HOA & financial
Other financial information
- Total actual rent: 3010
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $290,000-13.4%$96/sqft |
Source:  MIDMLS #50189968 | ||
| 12/15/2025 | Pending sale | $334,900$111/sqft |
Source: MIDMLS #50189968 | ||
| 11/17/2025 | Price change | $334,900-4.3%$111/sqft |
Source: MIDMLS #50189968 | ||
| 10/23/2025 | Price change | $350,000-5.1%$116/sqft |
Source: MIDMLS #50189968 | ||
| 9/30/2025 | Listed for sale | $369,000+39.2%$122/sqft |
Source: MIDMLS #50189968 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,082 -5.5% | $66,400 +13.3% |
| 2024 | $3,262 +30.1% | $58,600 +9.7% |
| 2023 | $2,508 | $53,400 -9% |
Find assessor info on the county website
Neighborhood: 48657
Nearby schools
GreatSchools rating
- 6/10Meridian Junior High SchoolGrades: 5-8Distance: 1.4 mi
- 7/10Meridian Early College High SchoolGrades: 9-12Distance: 1.8 mi
- 6/10Meridian Elementary SchoolGrades: PK-4Distance: 1.6 mi
Schools provided by the listing agent
- District: Meridian Public Schools
Source: MIDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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