If you are looking for an investment property in Downtown Howell with a record of great monthly income, look no further! This 3-unit building has been consistently rented for the past decade and owners currently receive $2,175/mo. in rental income - which is a bit lower than what it likely could be now. Each apartment has been well-maintained and the building has a lot of updates including: new roof (2020), new bathroom (Apt. 2 - 2020), new paint and carpet (Apt. 2 - 2020), new furnace (Apt. 2 - 2019), new hot water heater (Apt. 3 - 2020). Other updates in past 10 years include countertops and flooring in Apt. 1, paint throughout and furnaces, majority of plumbing upgraded to PEX tubing. Always attracts great tenants since it is just two blocks from the award-winning downtown. Listing agents are owners.
If you are looking for an investment property in Downtown Howell with a record of great monthly income, look no further! This 3-unit building has been consistently rented for the past decade and owners currently receive $2,175/mo. in rental income - which is a bit lower than what it likely could be now. Each apartment has been well-maintained and the building has a lot of updates including: new roof (2020), new bathroom (Apt. 2 - 2020), new paint and carpet (Apt. 2 - 2020), new furnace (Apt. 2 - 2019), new hot water heater (Apt. 3 - 2020). Other updates in past 10 years include countertops and flooring in Apt. 1, paint throughout and furnaces, majority of plumbing upgraded to PEX tubing. Always attracts great tenants since it is just two blocks from the award-winning downtown. Listing agents are owners.
REALCOMP #2210029595
Jun 17, 2021
Sold
$217,000
$85/sq ft
May 14, 2021
Pending
—
May 11, 2021
Relisted
—
May 3, 2021
Contingent
—
Apr 28, 2021
Listed
$269,900
$105/sq ft
REALCOMP #2210015846
Apr 28, 2021
Listing Removed
—
Mar 12, 2021
Listed
$269,900
$105/sq ft
MiRealSource-MiMLS #40152910
Mar 19, 2021
Listing Removed
—
Mar 12, 2021
Listed
$269,900
$105/sq ft
MiRealSource-MiMLS #20590089
Jan 16, 2015
Listing Removed
—
Jul 21, 2014
Listed
$154,900
$60/sq ft
MiRealSource-MiMLS #31001962
Jul 30, 2010
Sold
$86,000
$34/sq ft
Jun 21, 2010
Listing Removed
—
Apr 22, 2010
Listed
$79,900
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,140 (+3.0%)
2024
$5,963 (+5.7%)
2023
$5,639 (−8.5%)
2022
$6,162 (+39.9%)
2021
$4,404 (−0.2%)
2020
$4,412 (+1.4%)
2019
$4,350 (−1.8%)
2018
$4,431 (+5.2%)
2017
$4,212 (+0.4%)
2016
$4,197 (+2.0%)
2015
$4,116 (+0.4%)
2014
$4,100
Tax history for 305 S WALNUT St
Year
Property tax
Land + Additions
Assessment*
2025
$6,140 (+3.0%)
2024
$5,963 (+5.7%)
2023
$5,639 (−8.5%)
2022
$6,162 (+39.9%)
2021
$4,404 (−0.2%)
2020
$4,412 (+1.4%)
2019
$4,350 (−1.8%)
2018
$4,431 (+5.2%)
2017
$4,212 (+0.4%)
2016
$4,197 (+2.0%)
2015
$4,116 (+0.4%)
2014
$4,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
2,565
Year built
1890
Style
Single Family Residential
County
Livingston County
APN
4717-36-303-003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Property details
Parking
Parking/Garage Information
Parking: On Street
Interior
Interior Features
Interior Features: Dsl Available
Bathroom Information
# of Bathrooms (Full): 3
# of Baths/Lavatories (Total): 3
Laundry/Basement Information
Basement Type: Block, Common, Mi Basement
Exterior
Exterior Features
Exterior Construction: Aluminum
Exterior Features: Porch
Foundation Type: Basement
Property Information
Property Type: Multi-Family
Structure Style: 2 Story
Year Built: 1890
Lot Information
Zoning: Multi-Family
Land Information
Acreage: 0.33
Roads: Paved Street
Frontage: 132
Financial
Tax/Assessments Information
Taxable Value: $78,128
Total Tax Amount: $4,412
Summer Tax Amount: $3,926
Winter Tax Amount: $486
Lease/Rent Information
Has Lease
Lease Information: Water Included
Utilities
Utility Information
Separate Heat: Yes
Water Heater: Gas
Water: Public Water
Cooling System: Ceiling Fan(S)
Fuel Type: Natural Gas
Separate Heat
Heating System: Forced Air, Zoned Heating
Sewer Septic: Public Sanitary
Location
Mult-Unit Information
# of Units (Total): 3
Net Operating Income: $20,828.66
Net Operating Income: 20828.66
Unit 1 Information
Rent Rate: $800
Unit 2 Information
Rent Rate: $550
Unit 3 Information
Rent Rate: $825
Homeowners Association Information
Community Amenities: Laundry Facility, Private Entry
School Information
School District: Howell Public Schools
School District: Howell Public Schools
Address Information
Street Designation: Street
Location Details
Directions: Michigan Ave S of Grand River, R on Washington, L on Walnut
Municipality Type: City
Municipality: Howell
Mail City: Howell
Subdivision: CRANE & BROOKS ADD
Municipality: Howell
Area (Municipality): Howell (47023)
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,565
Stories: —
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1890
Year Renovated: —
County: Livingston County
APN: 4717-36-303-003
Home facts updated by county records on Sep 14, 2026
Other
Listing Information
Originating MLS: RealComp
Around this home
Schools
K - 12
Preschool & daycare
Southwest Elementary School
Public K-5 • Assigned • 0.5mi
7/10
Parker Middle School
Public K-8 • Assigned • 2.7mi
6/10
Howell High School
Public 9-12 • Assigned • 1.1mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
3/10 Heat Factor
7 days above 96° expected this year, 15 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
Howell, MI • 48843 3203
Average low and high temperatures (°F)
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48
36
35
23
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Sun exposure
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