Off Market Feb 2018 for $219K

—

Est. refi paymentEst. refi $1,049/mo

—

•

3,457

sq ft

5265 Tubbs Rd, Waterford, MI 48327 1362

About this home

5 Unit Investment Property located between Crescent Lake Rd and Airport Road just north of M-59. Fully occupied has 4-1 bedroom units and 1-3 bedroom unit. Two upper level units, 2 main level units and 1 lower level unit. There is also space available in lower level for a potential coin operated laundry room or potential for extra (rentable) closet storage area/s. Detached garages create extra income options; currently leased to tenants as an "add-on" to their lease. Also; a back yard garden shed has potential for extra rentable storage space (not currently leased). All interested buyers must provide either a pre-approval letter or proof of funds (of listing value) PRIOR to scheduling any showings. A minimum of 72 Hour Notice for all showing requests. (Time is required to confirm all showings with tenants) This is a very good income maker. Unit 2 was just finished being remodeled (after New Years); now with new tenant. AGENTS:See remarks. See Video attached to this listing.

Multi-familyProperty Type

1928Year Built

1.07 acresLot Size

$63Price/Sq.Ft.

Listed by Wesley Brooks • RE/MAX Encore

•248-620-1000 (broker)

•support@remaxencore.com (broker)

Bought with Wesley Brooks • LPS

•913-492-6900 (broker)

Redfin checked: 3 minutes ago

•Source:MiRealSource-MiMLS #21402445

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 48327, MI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.0%

0.5% MoM

Median sale price

$310K

$5K MoM

Avg. days on market

14d

5 days MoM

Recently sold homes

0 MoM

New listings for sale

COMING SOON
$399,999
4 beds3 baths2,500 sq ft
1355 Sherwood Forest Ct, Waterford, MI 48327 1677
(248) 994-0400
$259,900
3 beds2 baths1,765 sq ft
1278 Oregon Blvd, Waterford, MI 48327
(586) 799-8000
OPEN TODAY, 1PM TO 3PM
$399,900
3 beds2.5 baths2,217 sq ft
1080 Oregon Blvd, Waterford, MI 48327 3345
(248) 851-4100
OPEN TODAY, 1PM TO 3PM
$299,900
3 beds1.5 baths1,990 sq ft
1020 Oregon Blvd, Waterford, MI 48327 3250
(248) 851-4100
$249,900
2 beds2 baths1,236 sq ft
7746 Oakland Pl, Waterford, MI 48327 1419
(248) 680-9191
3D WALKTHROUGH
$395,000
3 beds3 baths2,970 sq ft
5808 Windstar Cir, Waterford, MI 48327 2982
(248) 363-8300
$222,000
2 beds2 baths1,718 sq ft
7094 Magnolia Ln, Waterford, MI 48327 4419
(248) 468-1444
3D WALKTHROUGH
$349,900
3 beds1.5 baths2,333 sq ft
1225 Meadowood Dr, Waterford, MI 48327 2961
(248) 600-4669
OPEN TODAY, 1PM TO 3PM
$343,900
3 beds1.5 baths1,740 sq ft
60 Fountain Park Dr, Waterford, MI 48327 1798
(248) 360-2900
$300,000
2 beds1 bath1,425 sq ft
5763 Graves St, Waterford, MI 48327 1908
(248) 963-0501
See all

Provided by Redfin

Sale history for 5265 Tubbs Rd

Date

Event

Price

MiRealSource-MiMLS #40119539

Mar 1, 2021

Listing Removed

—

Mar 1, 2021

Listing Removed

—

Nov 1, 2020

Listed

$349,900

$101/sq ft

REALCOMP #2200090078

Mar 1, 2021

Listing Removed

—

Nov 1, 2020

Listed

$349,900

$101/sq ft

Greater Lansing AoR #21402445

Feb 5, 2018

Sold

$219,000

$63/sq ft

Feb 5, 2018

Sold

$219,000

$63/sq ft

Jan 20, 2018

Pending

—

Jan 9, 2018

Listed

$230,000

$67/sq ft

Jan 9, 2018

Listed

$230,000

$67/sq ft

REALCOMP #218001777

Feb 5, 2018

Sold

$219,000

$63/sq ft

Jan 20, 2018

Pending

—

Jan 9, 2018

Listed

$230,000

$67/sq ft

MiRealSource-MiMLS #21187856

Dec 27, 2016

Listing Removed

—

Dec 27, 2016

Listing Removed

—

Dec 9, 2016

Price Changed

$214,899

$62/sq ft

Jul 10, 2016

Listed

$214,900

$62/sq ft

REALCOMP #216067919

Dec 27, 2016

Listing Removed

—

Dec 8, 2016

Price Changed

$214,899

$62/sq ft

Jul 10, 2016

Listed

$214,900

$62/sq ft

Public Records

Aug 26, 2013

Sold

$155,000

$45/sq ft

MiRealSource-MiMLS #60046241

Jun 22, 2011

Sold

$155,000

$45/sq ft

May 9, 2011

Listed

$169,000

$49/sq ft

MiRealSource-MiMLS #60084589

Jun 22, 2011

Sold

$155,000

$45/sq ft

Mar 18, 2011

Listed

$169,900

$49/sq ft

REALCOMP #211028555

Jun 22, 2011

Sold

$155,000

$45/sq ft

Mar 18, 2011

Listed

$169,900

$49/sq ft

REALCOMP #210081029

Nov 25, 2010

Listing Removed

—

Jul 12, 2010

Listed

$179,000

$52/sq ft

MiRealSource-MiMLS #914168

Nov 26, 2010

Listing Removed

—

Nov 20, 2009

Listed

$179,000

$52/sq ft

MiRealSource-MiMLS #915018

Nov 26, 2010

Listing Removed

—

Nov 20, 2009

Listed

$179,000

$52/sq ft

REALCOMP #210062657

Jun 24, 2010

Listing Removed

—

May 28, 2010

Listed

$190,000

$55/sq ft

REALCOMP #29149177

May 25, 2010

Listing Removed

—

Nov 20, 2009

Listed

$190,000

$55/sq ft

MiRealSource-MiMLS #13936

Mar 30, 2009

Listing Removed

—

Feb 2, 2009

Listed

$209,900

$61/sq ft

Public Records

Oct 1, 1991

Sold

$100,000

$29/sq ft

Public Records

Apr 1, 1973

Sold

$32,000

$9/sq ft

Tax history for 5265 Tubbs Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.07 Acres

Year renovated

—

Sq. Ft.

4,321

Year built

1928

Style

Multi-Family (5+ Unit)

County

Oakland County

APN

W -13-16-401-024

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 12, 2026.

Property details

Interior

Virtual Tour

Interior Features
Interior Features: Cable/Internet Avail., Dsl Available

Bathroom Information
# of Bathrooms (Full): 5
# of Baths/Lavatories (Total): 5

Laundry/Basement Information
Basement Type: Block, Partially Finished, Outside Entrance

Mult-Unit Information
# of Units (Total): 5
Net Operating Income: $21,000
Net Operating Income: 21000

Unit 1 Information
Rent Rate: $585

Unit 2 Information
Rent Rate: $600

Unit 3 Information
Rent Rate: $620

Unit 4 Information
Rent Rate: $700

Unit 5 Information
Rent Rate: 690

Exterior

Exterior Features
Exterior Construction: Aluminum, Stone, Vinyl Siding, Wood
Exterior Features: Deck, Patio, Porch
Foundation Type: Basement

Property Features
Lake Name: Many Lakes in Area

Property Information
Property Type: Multi-Family
Structure Style: 2 Story
Year Built: 1928

Lot Information
Lot Size: 100,199.83
Zoning: Multi-Family

Land Information
Acreage: 1.07
Roads: Paved Street

Financial

Tax/Assessments Information
Total Tax Amount: $4,171
Summer Tax Amount: $3,039
Winter Tax Amount: $1,132
Has Assessments
Assessments Amount: $200

Lease/Rent Information
Lease Information: Heat Included

Utilities

Utility Information
Water Heater: Gas
Water: Public Water
Cooling System: Ceiling Fan(S)
Fuel Type: Natural Gas
Heating System: Baseboard, Hot Water, Radiant, Zoned Heating
Sewer Septic: Public Sanitary

Location

School Information
School District: Waterford School District
School District: Waterford School District

Address Information
Street Designation: Road

Location Details
Directions: M-59 to north on Crescent Lake Road (or) Airport Road. Turn onto Tubbs Road to address on the south side of road.
Side of Street: S
Municipality Type: Township
Municipality: Waterford Twp
Mail City: Waterford
Municipality: Waterford
Area (Municipality): Waterford Twp (63131)

Public facts

Beds: 5
Baths: 5.0
Sq. Ft.: 4,321
Stories: 2.0
Lot Size: 1.07 acres
Style: Multi-Family (5+ Unit)
Year Built: 1928
Year Renovated: —
County: Oakland County
APN: W -13-16-401-024

Home facts updated by county records on Aug 12, 2026

Other

Listing Information
Originating MLS: RealComp

Around this home

Schools

Riverside Elementary School

Public PreK-5 • Assigned • 0.7mi

4/10

Pierce Middle School

Public 6-8 • Assigned • 0.5mi

5/10

Waterford Kettering High School

Public 7-12 • Assigned • 1.0mi

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

2/10 Heat Factor

7 days above 97° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Waterford, MI • 48327 1362

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2.5 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs

2.5 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 48327 1677

COMING SOON

$399,999

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1355 Sherwood Forest Ct, Waterford, MI 48327 1677

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OPEN TODAY, 1PM TO 3PM

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3D WALKTHROUGH

$395,000

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5808 Windstar Cir, Waterford, MI 48327 2982

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3D WALKTHROUGH

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1225 Meadowood Dr, Waterford, MI 48327 2961

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OPEN TODAY, 1PM TO 3PM

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Home values near 5265 Tubbs Rd

Data from public records.

Address	Redfin Estimate
5338 Tubbs Road, Waterford, MI 3 Beds \| 2.5 Baths \| 1908 Sq. Ft.	$265,214
5257 Tubbs Road, Waterford, MI 4 Beds \| 1.5 Baths \| 1470 Sq. Ft.	$311,772

Address	Redfin Estimate
5266 Tubbs Road, Waterford, MI 5 Beds \| 3 Baths \| 2323 Sq. Ft.	$386,267
5286 Tubbs Road, Waterford, MI 4 Beds \| 2 Baths \| 3489 Sq. Ft.	$337,805

Address	Redfin Estimate
5187 Tubbs Road, Waterford, MI 3 Beds \| 1 Baths \| 924 Sq. Ft.	$262,882
5316 Tubbs Road, Waterford, MI 3 Beds \| 1 Baths \| 1624 Sq. Ft.	$286,300

Property information provided by MiRealSource-MiMLS when last listed in 2018. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 48327, MI

Sale history for 5265 Tubbs Rd

Tax history for 5265 Tubbs Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 48327 1677

Home values near 5265 Tubbs Rd

More real estate resources