811 N Main Street
Milford, MI 48381 1528
$2,995,000
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.
| Mls #: | 61036406 |
|---|---|
| Asking Price: | $2,995,000 |
| Property Type: | Multi Family |
| Type: | Multi-Family |
| Property Status: | Active |
| Bank Owned: | No |
| Baths Full: | 16 |
| Lavatory: | 16 |
| Square Feet: | 12,800 |
| # Of Acres: | 0.37 |
| Styles: | Ranch |
| Waterfront Y/N: | No |
| Town: | Milford |
| County: | Oakland |
| Subdivision: | Andrews Add To Milford |
| ZIP: | 48381 1528 |
| Year Built: | 1975 |
| Total Units: | 16 |
| Area: | Milford Twp (63161) |
| Sale/Rent: | For Sale |
| Fireplace Y/N: | No |
| School District: | Huron Valley Schools |
| Signed Disclosure Y/N: | Yes |
| Lease Y/N: | Yes |
| Contract: | Exclusive Right to Sell |
| Cross Street 1: | Summit St / George St |
| Lot Size: | 145.44X110 |
| Baths/Lavs Total: | 32 |
| Summer Tax Amount: | 12290 |
| Winter Tax Amount: | 3054 |
| Total Tax Amount: | $15,344 |
| Structure Style: | 1 Story |
| Subj To Short Sale Apprvl: | No |
| Ownership: | Private |
| Full Service Listing Y/N: | Yes |
| Municipality: | Milford Twp |
| Source Mls: | MiRealSource |
| Originating Mls: | RealComp |
| Directions: | From downtown Milford, head north on N Main St. Property is on the west side, just north of Summit St. |
| Cooling System: | Window Unit(s) |
| Exterior Construction: | Brick, Vinyl Siding |
| Foundation Type: | Slab |
| Fuel Type: | Electric |
| Heating System: | Baseboard, Electric Heat |
| Financial Terms: | Cash, Conventional |
| Roads: | Paved Street |
| Water: | Public Water |
| Zoning: | Multi-Family |
| Possession: | At Close |
Listing Courtesy of: Greater Development LLC
Listing Agent: Brady Williams
360-989-5395
21 Kercheval Ste 233 Grosse Pointe Farms, MI 48236
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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the
Originating MLS as filed with it by its members. The accuracy of all information, regardless of source, is not
guaranteed or warranted. All information should be independently verified.
Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary
information of MiRealSource, Inc. and its shareholders, affiliates and licenses and may not be reproduced or
transmitted in any form or by any means, electronic, or mechanical, including photocopy, recording, scanning or any
information storage and retrieval system, without written permission from MiRealSource, Inc.
MiRealSource data last updated on November 02, 2026 08:19 PM - ET.
Property Last Updated: November 02, 2026 08:19 PM - ET
