MI
Oakland
Groveland Township
48442
16001 Dixie Highway
16001 Dixie Highway, Groveland Township, MI 48442
Share Listing
Listing Type
Multi Family
Listing Status
Active
5
$965,000
Home Details for 16001 Dixie Highway
Price
$965,000
Type
Residential Income
Bedrooms
0
Bathrooms
9.0
Square feet
2835
Year built
1950
Lot size acres
2.2
County
Oakland
Garage
Days on site
4
MLS Listing#
20261009360
Property Description
Renovated 9-unit multifamily property located at 16001 Dixie Highway in Holly, Michigan (Northern Oakland County). Property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. Asking price reflects underlying land value and a 7.43% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Located along the Dixie Highway corridor with direct access to I-75 and Grange Hall Rd. Do not disturb tenants. Contact listing broker for financials and showings.
Property Features
Heating Information
- Baseboard
- Propane
Water Features
- Private
- Well
Cooling Information
- None
Listing Courtesy: OakPointe Real Estate Advisors - 248-972-7040
IDX provided courtesy of Realcomp II Ltd. via EXIT Realty and Realcomp MLS, ©2026 Realcomp II Ltd. Shareholders.The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT AHEAD REALTY
1542 N. Leroy, Suite 2A, Fenton, MI 48430Office
810 347 5354
Request more details
Code: