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811 N Main Street

Milford, Michigan 48381
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Bed 16

Bed

Bath 17.5

Bath

SqFt12,800

Sqft

Acres0.37

Acre(Lot)

Milford Village Flats presents a rare opportunity to acquire a fully stabilized, 16-unit multifamily community in the heart of Milford, Michigan — one of Oakland County's most desirable and supply-constrained submarkets. The property comprises two well-maintained residential buildings offering an identical unit mix of all one-bedroom, one-bath floor plans averaging 740 square feet. With over two dedicated parking spaces per unit and a 100% occupancy rate, the asset generates monthly gross revenues exceeding $23,647, equating to an annual gross potential income of $283,700. The current owner has invested over $500,000 in capital improvements over the last two years, substantially reducing future CapEx exposure for an incoming investor. Major exterior and structural upgrades include a brand- new roof, a fully milled and paved parking lot, updated property signage, and enhanced professional landscaping that elevates the asset’s curb appeal. On the interior, the community has undergone extensive modernization with high-end turnkey renovations featuring new cabinets, premium countertops, modern flooring, fresh paint, and updated contemporary fixtures. These comprehensive upgrades position the property to command premium rents while ensuring low-maintenance operations for years to come.

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Detail Ic Property Details

Property Type : Multifamily

Price : $3,300,000

AD Id : 88555053

MLS Id : 20261059067

Beds : 16

Lot Size : 0.37 Acre

Living Area Size : 12,800

Year Built : 1975

County : Oakland

Subdivision: Andrews Add To Milford

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Feature Features

  • Bathroom Information

    Total Baths: 17.5 Full Baths: 16 Half Baths: 16
  • Heating & Cooling

    Cooling: Window Unit(s) Heating: Baseboard Heating Fuel: Electric

  • Building Information

    Year Built: 1975 Building Stories: 1 Story Total Units: 16 Foundation/Basement: Slab Architecture: Ranch
  • Exterior Features

    Construction: Brick,Vinyl
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.37 Lot Dimensions: 145.44X110
  • Property Information

    SQ ft: 12800 Subdivision: Andrews Add To Milford Financing: Cash,Conventional

  • Listing Price Information

    Original List Price: $3,300,000
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: T2N, R7E, SEC 2 & 3 ANDREWS ADD PART OF LOTS 11 & 12 BLK 1 BEG AT SELY COR SD LOT 11, TH S 89-39-52 W 110.00 FT, TH N 02-30-00 W 102.63 FT, TH N 28-20-30 E 12.79 FT, TH N 53-13-00 E 125.11 FT TO NELY COR SD LOT 12, TH S 02-30-00 E 188.25 FT ALG W LIN E MAIN ST TO BEG 06/01/87 FR 013

  • Tax Information

    Annual Tax: $15,344 Parcel Number: 1602352016
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: T2N, R7E, SEC 2 & 3 ANDREWS ADD PART OF LOTS 11 & 12 BLK 1 BEG AT SELY COR SD LOT 11, TH S 89-39-52 W 110.00 FT, TH N 02-30-00 W 102.63 FT, TH N 28-20-30 E 12.79 FT, TH N 53-13-00 E 125.11 FT TO NELY COR SD LOT 12, TH S 02-30-00 E 188.25 FT ALG W LIN E MAIN ST TO BEG 06/01/87 FR 013

  • Unit 1 Information

    # of Bedrooms: 16

  • School Information

    School District: Huron Valley
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
604 Union Street , Milford, MI, 48381 $599,900 6 2.5 2,256 2,256 SqFt
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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 08/03/2026 @ 07:55

MLS: 20261059067 LISTED BY: Brady Williams , Greater Development LLC 313-209-2900 SOURCE: Realcomp II Ltd

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