5469 Parker Road
Fort Gratiot, Michigan 48059
3
Bed
3
Bath
1,880Sqft
0.35Acre(Lot)
Fantastic investment opportunity in desirable Fort Gratiot! This well-maintained 3-unit property is located just one block from the water, offering an attractive location for both tenants and owner-occupants. Two units are currently generating income, with one rented for $950/month and the studio unit rented for $700/month. The third unit is vacant, providing flexibility for the next owner-move in and enjoy owner-occupied living while collecting rental income, or lease the vacant unit to maximize cash flow. Whether you're looking to expand your investment portfolio or purchase a multi-family property with the option to live on-site, this versatile property offers excellent potential in a sought-after location close to the shoreline, parks, shopping, and everyday amenities.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 3 Full Baths: 3 -
Room Information
Total Rooms: 6Interior Features
Fireplace: Yes -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasFireplace
Family Room
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Building Information
Year Built: 1988 Building Stories: 1 Story Fireplace: Family Room Foundation/Basement: Crawl,Slab Architecture: Manufactured with Land,Ranch -
Exterior Features
Construction: Stone,Vinyl -
Utility Features
Sewer: Septic Tank (Existing) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.35 Lot Dimensions: 75x167 Frontage Feet: 75 -
Property Information
SQ ft: 1880 Subdivision: 4050 Section (West) Financing: Cash,Conventional
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Listing Price Information
Original List Price: $195,000 -
Listing Information
Possession: At Close Legal Description: S 75' OF N 660' OF E 200' OF E 1/2 OF NE 1/4 OF NE 1/4 SEC 8 T7N R17E 0.34 A
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Tax Information
Annual Tax: $2,572 Parcel Number: 74200082005000 -
Possession
At Close -
Legal Information
Legal Description: Section: S 75' OF N 660' OF E 200' OF E 1/2 OF NE 1/4 OF NE 1/4 SEC 8 T7N R17E 0.34 A
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Parking Information
Has Garage: Yes Garage Size: 1.5 Car Garage Description: Detached
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School Information
School District: Port Huron -
Fire Place Information
Fire Place: Yes Fire Place Location: Family Room -
Utility Information
Water: Public (Municipal) Sewer: Septic Tank (Existing)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3668 Shorewood Road , Fort Gratiot, MI, 48059 | $524,900 | 2 | 2 | 1,600 | 1,600 SqFt |
| 3007 Shorewood Boulevard , Fort Gratiot, MI, 48059 | $539,900 | 4 | 2.5 | 2,900 | 2,900 SqFt |
| 3408 N River Road , Fort Gratiot, MI, 48059 | $249,000 | 3 | 2 | 1,350 | 1,350 SqFt |
| 4463 Fairway Drive , Fort Gratiot, MI, 48059 | $289,000 | 4 | 1.5 | 1,557 | 1,557 SqFt |
| 4055 Velma Drive , Fort Gratiot, MI, 48059 | $60,000 | 2 | 1 | 800 | 800 SqFt |
| 4579 Lakeshore Road , Fort Gratiot, MI, 48059 | $295,000 | 4 | 2 | 2,052 | 2,052 SqFt |
| 4063 N River Road , Fort Gratiot, MI, 48059 | $339,900 | 3 | 1.5 | 1,540 | 1,540 SqFt |
| 3145 Krafft Road , Fort Gratiot, MI, 48059 | $245,000 | 3 | 1 | 1,460 | 1,460 SqFt |
| 4085 Pine Grove Avenue , Fort Gratiot, MI, 48059 | $235,000 | 3 | 1 | 1,344 | 1,344 SqFt |
| 2837 Shorewood Boulevard , Fort Gratiot, MI, 48059 | $439,900 | 5 | 3 | 3,640 | 3,640 SqFt |
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ByOwner last updated this listing 07/20/2026 @ 00:28
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