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16001 Dixie Highway, Groveland Township, MI 48442

$900,000

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BEDS0 BATHS9 full SQUARE FEET2,835 MLS#20261009360

STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLHolly

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Property Description

This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket. In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.97% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.

16001 Dixie Highway | MLS# 20261009360

This multi-family property located at 16001 Dixie Highway, Groveland Township, MI 48442 is currently listed for sale with an asking price of $900,000. Dixie Highway is located within the Holly school district. Search Groveland Township real estate on dduncan.griffithrealty.com today.

Property Features

Property Type: Multi Unit - Multiple

Fuel Type: Propane

Heating: Baseboard

Lot Size: 2.20 Acres

Year Built: 1950

Feature Descriptions

Architecture: Other

Days on Site: 48

Exterior: Brick Veneer

Foundation: Slab

Frontage Feet: 210

Lot Dimensions: 2.20 Acre(s)

Road Frontage: Paved

Summer Tax: $4841.0000

Water Heater: LP Gas/Propane

Winter Tax: $1.0000

Year Remoldeled: 2024

Local Schools

School District: Holly

Listed By / Shown By

Listed By

Agency Name: OakPointe Real Estate Advisors
Agency Phone: (248) 972-7040

Shown By

Agent Name: Diane Duncan
Agent Phone: (810) 227-1016 ext. 215
Agency Title: Griffith Realty

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Estimated Payment

$ 2,265.51 per month $2,003.01 Principal & Interest $0.00 Property Tax (data not provided by mls) $262.50 Homeowner's Insurance

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16001 Dixie Highway, Groveland Township, MI 48442

$900,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 1:00:45 AM EST) or RealComp MLS (last updated Thu 04/09/2026 12:46:11 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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16001 Dixie Highway, Groveland Township, MI 48442

Property Description

16001 Dixie Highway | MLS# 20261009360

Property Features

Feature Descriptions

Local Schools

Listed By / Shown By

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16001 Dixie Highway, Groveland Township, MI 48442

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