Turnkey investment opportunity with immediate income potential! This well-maintained multi-family property features three updated units currently generating approximately $23,000 annually, with room to increase rents and maximize returns. Units 1 and 2 have been extensively renovated and share a durable metal roof (2018). Unit 1 includes a kitchenette and half bath and has previously operated as a beauty supply, boutique, and art studio—making it ideal for mixed-use or additional rental income. Unit 3 is an approximately 800 sq ft one-bedroom unit with a new roof (2021) and brand-new furnace (2026), offering low maintenance and strong rental appeal. All units have been updated with new flooring, paint, kitchens, and bathrooms, minimizing future capital expenditures. The property blends modern updates with sought-after historic charm, including arched doorways and wide trim. Additional income potential comes from the 24x40 pole barn with gas and electric—perfect for storage rental, workshop space, or tenant use. New barn roof installed in 2020. Ample on-site parking adds to tenant convenience. Whether you’re expanding your portfolio or looking for a live/work investment, this property offers versatility, stability, and upside potential.
Turnkey investment opportunity with immediate income potential! This well-maintained multi-family property features three updated units currently generating approximately $23,000 annually, with room to increase rents and maximize returns. Units 1 and 2 have been extensively renovated and share a durable metal roof (2018). Unit 1 includes a kitchenette and half bath and has previously operated as a beauty supply, boutique, and art studio-making it ideal for mixed-use or additional rental income. Unit 3 is an approximately 800 sq ft one-bedroom unit with a new roof (2021) and brand-new furnace (2026), offering low maintenance and strong rental appeal. All units have been updated with new flooring, paint, kitchens, and bathrooms, minimizing future capital expenditures. The property blends modern updates with sought-after historic charm, including arched doorways and wide trim. Additional income potential comes from the 24x40 pole barn with gas and electric-perfect for storage rental, workshop space, or tenant use. New barn roof installed in 2020. Ample on-site parking adds to tenant convenience. Whether you're expanding your portfolio or looking for a live/work investment, this property offers versatility, stability, and upside potential.
Greater Lansing AoR #21535248
Jun 28, 2019
Sold
$72,000
$62/sq ft
Jun 28, 2019
Sold
$72,000
$62/sq ft
Apr 15, 2019
Pending
—
Dec 12, 2018
Listed
$94,000
$80/sq ft
Dec 12, 2018
Listed
$94,000
$80/sq ft
MiRealSource-MiMLS #21535252
Jun 28, 2019
Sold
$72,000
$62/sq ft
Dec 12, 2018
Listed
$94,000
$80/sq ft
REALCOMP #218117638
Jun 28, 2019
Sold
$72,000
$62/sq ft
Apr 15, 2019
Pending
—
Dec 12, 2018
Listed
$94,000
$80/sq ft
Wonderful Commercial opportunity! Main house was a hair salon with a 2 bedroom apartment upstairs. Original garage was added onto and makes a nice 1 bedroom apartment with laundry room and office just under 900 sq. ft. Enjoy your private fenced in backyard with greenhouse. Plus you have a 24 x 40 pole barn with a 28 x 10 lean to. Zoned C-2 you can live here and operate your business or rent out the apartment for additional income. Great Location.
Public Records
Nov 7, 2008
Sold
$130,000
$111/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,565 (+3.3%)
2024
$3,451 (+4.6%)
2023
$3,299 (+5.2%)
2022
$3,137 (+3.2%)
2021
$3,039 (+2.9%)
2020
$2,953 (+16.3%)
2019
$2,539 (+57.1%)
2018
$1,616 (+2.0%)
2017
$1,584 (−49.7%)
2016
$3,147 (+35.8%)
2015
$2,317 (+5.8%)
2014
$2,189
Public record
Beds
—
Baths
—
Stories
—
Lot width
100 ft.
Lot depth
360 ft.
Lot size
0.83 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Genesee County
APN
18-27-400-012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Clio, MI • 48420
Average low and high temperatures (°F)
27
14
33
18
50
29
60
39
67
46
80
58
83
63
79
58
77
53
65
43
47
34
34
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 10201 N Clio Rd
$204,058
$15K under list price of $219K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $299K.