$900,000
16001 Dixie Highway
Holly, MI, 48442
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.
Property Details
Price:
$900,000
MLS #:
20261009360
Status:
Active
Beds:
0
Baths:
9
Type:
Single Family
Subdivision:
Groveland Twp
Listed Date:
Feb 19, 2026
Lot Size:
95,832 sqft / 2.20 acres (approx)
Year Built:
1950
Schools
School District:
Holly
Interior
Heating
Baseboard
Exterior
Financial
Taxes
$4,842
Mortgage Calculator
Map
Current real estate data for Single Family in Holly as of Apr 30, 2026
54
Single Family Listed
76
Avg DOM
192
Avg $ / SqFt
$431,424
Avg List Price
Community
- Address16001 Dixie Highway Holly MI
- SubdivisionGroveland Twp
- CityHolly
- CountyOakland
- Zip Code48442
Subdivisions in Holly
Similar Listings Nearby
Property Summary
- Located in the Groveland Twp subdivision, 16001 Dixie Highway Holly MI is a Single Family for sale in Holly, MI, 48442. It is listed for $900,000 and features 0 beds, 9 baths, and has approximately 0 square feet of living space, and was originally constructed in 1950. The average price per square foot for Single Family listings in Holly is $192. The average listing price for Single Family in Holly is $431,424.
16001 Dixie Highway
Holly, MI