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884 E MICHIGAN STREET

House For Sale
$1,615,000

BTC: 24.77753912

ETH: 848.82058613

2 days
4 bds
2 ba
3,258 sqft

Overview

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: Prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Seller Financing Option: No. See also: MLS#O6415078. Contact us today to schedule your visit.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1982
Lot:
0.56 Acres
Heating:
Other
Price/sqft:
$496
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$944,500
$668K – $1.7M
Confidence Low
List vs. estimate
$670K above estimate
List $1,615,000 · +71.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$495
+89.1% vs. city median $262
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,566
2025
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Other

    Appliances

    • None

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.56 Acres

    Other Property Information

    • Parcel Number: 012329908400010

    • Zoning: C-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Electricity Connected

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,566

  • Source details

    • MLS ID: O6429402

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Other

    • Direction Faces: East

    • Living Area: 3258

    • Water Source: None

    • Lot Size Dimensions: 140 x 176

    • Subdivision Name: WEIDOWS SUB

Private inquiry
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Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: JR REALTY GROUP LLC