16001 Dixie Highway Groveland MI 48442 MLS #20261009360

16001 Dixie Highway
Groveland, MI, 48442
$900,000
Beds
9 Baths
2,835 SqFt
2.2 Acres
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MLS #20261009360 image #0
This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket.

In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.97% cap rate on in-place financials.

Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.

Property Details

Price:
$900,000
MLS #:
20261009360
Status:
Active
Beds:
0
Baths:
9
Type:
Single Family
Subtype:
MultiFamily
Neighborhood:
area02021grovelandtwp
Listed Date:
Feb 19, 2026
Finished Sq Ft:
2,835
Year Built:
1950
Short SaleOtherArea02021grovelandtwpArea02021grovelandtwpHollyCall

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Schools

School District:
Holly

Interior

Above Grade Finished Area
2835
Bathrooms
9 Full Bathrooms
Heating
Baseboard, Propane
Levels
One

Exterior

Architectural Style
Other
Construction Materials
Brick Veneer
Parking Spots
18
Parking Total
18

Financial

Net Operating Income
$79,934
Taxes
$4,842

Map

Community

Market Summary

Current real estate data for Single Family in Groveland as of May 03, 2026
11
Single Family Listed
78
Avg DOM
183
Avg $ / SqFt
$645,291
Avg List Price

Property Summary

    16001 Dixie Highway Groveland MI is a Single Family for sale in Groveland, MI, 48442. It is listed for $900,000 and features 0 beds, 9 baths, and has approximately 2,835 square feet of living space, and was originally constructed in 1950. The current price per square foot is $317. The average price per square foot for Single Family listings in Groveland is $183. The average listing price for Single Family in Groveland is $645,291. To schedule a showing of MLS#20261009360 at 16001 Dixie Highway in Groveland, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of OakPointe Real Estate Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.
Rover IDX
16001 Dixie Highway
Groveland, MI