2923 Mc Clure Avenue
Flint, MI 48506
Multi Family · MLS # 20261091187 · Listing courtesy of Thrive Realty Company
About this home
Great investment opportunity in Flint! This four-unit property offers plenty of potential for an investor looking to add value. Currently configured as three one-bedroom units and one 2 bedroom unit. One of the one bedroom units upstairs is tenant-occupied by a long-term tenant who would like to stay. One of the vacant units has been taken down to the studs, offering the opportunity to renovate and maintain the four-unit layout or potentially combine it with an adjoining unit to create a three bedroom unit and convert the property into a triplex, subject to city approval. The property does need repairs and updates but offers flexibility and potential for the right investor. Bring your vision and make the most of this opportunity!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Flint
Over the last 90 days, 312 homes sold in Flint for a median of $98,950, about $74 per square foot, and the typical one went under contract in 17 days. This home is listed at $60,000, or $38 per square foot, 49% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Flint sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,684 a year. A buyer who lives here would pay about $1,333 to $1,586 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.34 mills for Flint City and Flint schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Flint
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