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For sale
  • Price cut: $50K (2/28)
    $400,000

    512 E Main St, Pinckney, MI 48169

    6beds
    2,788sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $396,100 Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Investment Opportunity – 4-Unit Multi-Family Quadplex in the Village of Pinckney! Don’t miss your chance to own 4-Unit Multi-Family Quadplex located at 512 E Main Street, complete with a detached 3-car garage that’s currently leased separately for added income. This is an excellent opportunity for investors seeking a stable, income-producing property with immediate upside potential. The building includes (2) two-bedroom units and (2) one-bedroom units, all separately metered for natural gas and electricity. Each unit features its own forced-air furnace and gas water heater, minimizing landlord expenses. The landlord currently pays water, but a new owner could charge tenants for water usage or install separate water meters for each unit to further increase net operating income, while tenants pay gas, electric, and cable/internet. All units include landlord-owned appliances (stove and refrigerator), and the basement offers space to add coin-operated laundry—a great way to increase revenue. Current Lease/Tenant Status: Unit 1 – Month-to-Month, Unit 2 – Month-to-Month, Unit 3 – Leased through 03/31/2027, Unit 4 – Lease through 07/31/2029, Garage – Lease through 08/31/2026. Rents are currently under market, providing significant opportunity for rent increases and improved cash flow. With strong rental demand in the area and limited inventory, this property is positioned for excellent long-term returns. Located within walking distance of downtown Pinckney and just minutes to Howell’s dining, shopping, and highway access, this property combines small-town charm with proven investment performance. Seller intends to complete a 1031 Exchange. Listing agent is a member of the ownership LLC and related to the seller. Showings will be limited due to tenant occupancy. Please respect the privacy of the current tenants and do not walk the property or communicate with the tenants. For property-specific questions, please contact the Listing Agent.
    141 days
    |
    1,209
    |
    65
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 11, 2026 at 02:58am

    Listed by:

    Nick Coppola 248-310-6833,

    EXP Realty Main 888-501-7085

    Source: Realcomp II,MLS#: 20251048921MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans
      Features
      • High Speed Internet, Other
      • Basement: Common Storage Locker,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,788 sqft
      • Finished area above ground: 2,788

      Property

      Parking
      • Parking features: Garage, Parking Pad, Shared Driveway
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Exterior features: Lighting, Private Entrance
      • Pool features: None
      • Fencing: Fencing Allowed
      Lot
      • Size: 0.43 Acres
      • Dimensions: 115 x 166
      Details
      • Additional structures: Other
      • Parcel number: 1423300021
      • Zoning description: Commercial
      • Special conditions: Agent Owned,Short Sale No

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Quadruplex
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Michigan Basement
      • Roof: Asphalt
      Condition
      • New construction: No

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Pinckney

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $106,967
      • Annual tax amount: $5,900
      • Date on market: 10/31/2025
      • Cumulative days on market: 141 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan
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        Estimated market value

        $396,100

        $376,000 - $416,000

        $1,567/mo

        Price history

        Price history
        DateEventPrice
        2/28/2026Price change$400,000-11.1%$143/sqft
        Source: Realcomp II #20251048921 Report a problem
        12/1/2025Price change$450,000-10%$161/sqft
        Source: Realcomp II #20251048921 Report a problem
        10/31/2025Listed for sale$499,900+117.3%$179/sqft
        Source: Realcomp II #20251048921 Report a problem
        6/14/2000Sold$230,000$82/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025-- $122,723 -5%
        2024-- $129,244 +10.4%
        2023-- $117,078 -17.1%
        2022-- $141,196 +34.3%
        2021-- $105,160 +12.5%
        2020-- $93,470 +6%
        2019$3,899 -3.7%$88,180 -26.8%
        2018$4,049 $120,490 +5.6%
        2017-- $114,100 -5.6%
        2016-- $120,900 +14.9%
        2014-- $105,200 +0.8%
        2012$4,900 +57.7%$104,350 +42%
        2001$3,107 +44.5%$73,470 +3.1%
        2000$2,149 $71,290

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,269/mo
        Principal & interest
        $1936
        Property taxes
        $333
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          Climate risks

          Neighborhood: 48169

          Getting around

          52 / 100
          Somewhat Walkable
          36 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 48169

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