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153 Okemos Road

Mason, Michigan 48854
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Bed 6

Bed

Bath 1

Bath

SqFt1,200

Sqft

Acres0.27

Acre(Lot)

INVESTOR / SCRATCH-AND-DENT OPPORTUNITY IN MASON -- BUILT-IN EQUITY POTENTIAL! 153 Okemos St offers a great opportunity for investors, landlords, flippers, contractors, or an owner-occupant willing to put in some sweat equity. This 3-bedroom, 1-bath home offers approximately 1,200 square feet of living space on a generous 0.27-acre lot in the City of Mason. The numbers are where this property gets interesting. Estimated ARV: $220,000-$235,000 Estimated Market Rent: $1,600-$1,750/month Potential Annual Gross Rent: $19,200-$21,000 For a buyer getting into the property in the mid-$160,000s to low-$170,000s, that could represent approximately $50,000-$70,000 in potential equity once the property is updated and brought to its full retail potential. For the flipper, there is room to improve the property cosmetically and capitalize on Mason's stronger retail market. For the buy-and-hold investor, a projected $1,600-$1,750 monthly rent provides a solid rental opportunity in a market with l

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Detail Ic Property Details

Property Type : Residential

Price : $149,000

AD Id : 91767943

MLS Id : 81026054021

Beds : 6

Lot Size : 0.27 Acre

Living Area Size : 1,200 Sq. Ft

Tax Amount : $3,238

Year Built : 1900

County : Ingham

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 1 Full Baths: 1
  • Room Information

    Total Rooms: 1
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1900 Building Stories: 1 Story Amenities: Other Foundation/Basement: Slab Architecture: Traditional
  • Exterior Features

    Construction: Wood
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary),Other/None
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.27
  • Property Information

    SQ ft: 1200 Financing: Cash,Conventional,FHA,Other,VA

  • Listing Price Information

    Original List Price: $149,000
  • Listing Information

    Possession: At Close Common/Club Amenities: Other Legal Description: LOT 10 EXC BEG AT SW COR OF LOT 10 - E 36.5 FT - N TO N LN OF LOT 10 - W TO W LN OF LOT 10 - S 73.9 FT TO P.O.B. ASSESSOR'S PLAT NO. 1, SEC 4, T2NR1W, CITY OF MASON

  • Tax Information

    Annual Tax: $3,238 Parcel Number: 33191004351041
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: LOT 10 EXC BEG AT SW COR OF LOT 10 - E 36.5 FT - N TO N LN OF LOT 10 - W TO W LN OF LOT 10 - S 73.9 FT TO P.O.B. ASSESSOR'S PLAT NO. 1, SEC 4, T2NR1W, CITY OF MASON

  • School Information

    School District: Mason
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Other/None
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Nearby Home Value

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178 Maple Run Ln , Mason, MI, 48854 $54,900 2 2 1,350 0.12 Acre
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462 Ash Ridge , Mason, MI, 48854 $84,900 3 2.5 1,856 --
126 Lake Ridge Drive , Mason, MI, 48854 $314,900 3 2.5 2,029 0.42 Acre
318 N Aurelius Road , Mason, MI, 48854 $163,200 4 1.5 1,972 1 Acre
4924 Thurlby Street , Mason, MI, 48854 $244,900 3 3 1,854 4.50 Acres
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 10/10/2026 @ 03:37

MLS: 81026054021 LISTED BY: Jason Mead , eXp Realty, LLC 888-501-7085 SOURCE: Realcomp II Ltd

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