*** INVESTMENT OPPORTUNITY – FULLY LEASED, UPDATED 2-UNIT MULTI-FAMILY! ***.
Don’t miss this income-generating, two-unit property featuring a spacious 3-bedroom upper unit (currently rented at $1,100/month which includes the basement space) and a freshly renovated 2-bedroom lower unit (currently leased for $1,050/month which includes a 2-Car Garage). Each unit has been thoughtfully updated with clean, modern bathrooms, newer kitchen cabinets and granite countertops. The entire interior is freshly painted, with newer flooring on the main level and refinished hardwood floors upstairs.
Major mechanical and structural upgrades include a new furnace (upper unit – 11/13/2024), new hot water tank (lower unit – 11/20/2023), main sewer line replacement (10/13/2021), and gutter replacement (Spring 2020)—giving you peace of mind for years to come. The property also features a newer 2-car garage door and plenty of curb appeal.
**POTENTIAL RENT GROWTH!!**: Current gross rents of $26,640 annually. Updated units with future rental upside. Comparable 3-bedroom rentals in the area are achieving $1,350-$1,450+ per month, offering investors the opportunity to increase revenue as leases renew. The lower 2-bedroom unit includes access to a two-car garage, which provides an additional opportunity for income growth. Potential Future Gross:
$2,400-$2,600/month. $28,800-$31,200 annually. Whether you’re an investor seeking strong rental returns or a buyer looking for a live-in income property, this one checks all the boxes! Rent rolls available upon request. Fantastic Investment opportunity!! Buyer and Buyer Agent to verify all information. 48 hours notice to show, please. ** 3-bedroom unit lease expires 6/30/26. 2-bedroom unit lease expires 5/31/27 **
Don’t miss this income-generating, two-unit property featuring a spacious 3-bedroom upper unit (currently rented at $1,100/month which includes the basement space) and a freshly renovated 2-bedroom lower unit (currently leased for $1,050/month which includes a 2-Car Garage). Each unit has been thoughtfully updated with clean, modern bathrooms, newer kitchen cabinets and granite countertops. The entire interior is freshly painted, with newer flooring on the main level and refinished hardwood floors upstairs.
Major mechanical and structural upgrades include a new furnace (upper unit – 11/13/2024), new hot water tank (lower unit – 11/20/2023), main sewer line replacement (10/13/2021), and gutter replacement (Spring 2020)—giving you peace of mind for years to come. The property also features a newer 2-car garage door and plenty of curb appeal.
**POTENTIAL RENT GROWTH!!**: Current gross rents of $26,640 annually. Updated units with future rental upside. Comparable 3-bedroom rentals in the area are achieving $1,350-$1,450+ per month, offering investors the opportunity to increase revenue as leases renew. The lower 2-bedroom unit includes access to a two-car garage, which provides an additional opportunity for income growth. Potential Future Gross:
$2,400-$2,600/month. $28,800-$31,200 annually. Whether you’re an investor seeking strong rental returns or a buyer looking for a live-in income property, this one checks all the boxes! Rent rolls available upon request. Fantastic Investment opportunity!! Buyer and Buyer Agent to verify all information. 48 hours notice to show, please. ** 3-bedroom unit lease expires 6/30/26. 2-bedroom unit lease expires 5/31/27 **
Property Details
Price:
$220,000
MLS #:
20261030035
Status:
Active
Beds:
0
Baths:
3
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
MARTIN CROCKERS FOURTH ADD
Neighborhood:
area03191mountclemens
Listed Date:
Apr 30, 2026
Finished Sq Ft:
2,176
Year Built:
1925
See this Listing
Schools
School District:
MountClemens
Interior
Above Grade Finished Area
2176
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, Window Units
Heating
Forced Air, Natural Gas
Laundry Features
In Unit
Levels
Three
Exterior
Architectural Style
UpperLowerApartment
Community Features
Sidewalks
Construction Materials
Aluminum Siding
Exterior Features
Lighting, Private Entrance
Parking Features
Garage, Lighted
Parking Spots
2
Parking Total
2
Patio And Porch Features
Porch
Roof
Asphalt
Financial
Taxes
$4,471
Map
Community
- Address111 Kibbee Street Mount Clemens MI
- SubdivisionMARTIN CROCKERS FOURTH ADD
- CityMount Clemens
- CountyMacomb
- Zip Code48043
Subdivisions in Mount Clemens
Market Summary
Current real estate data for Single Family in Mount Clemens as of Jun 17, 2026
38
Single Family Listed
54
Avg DOM
133
Avg $ / SqFt
$234,392
Avg List Price
Property Summary
- Located in the MARTIN CROCKERS FOURTH ADD subdivision, 111 Kibbee Street Mount Clemens MI is a Single Family for sale in Mount Clemens, MI, 48043. It is listed for $220,000 and features 0 beds, 3 baths, and has approximately 2,176 square feet of living space, and was originally constructed in 1925. The current price per square foot is $101. The average price per square foot for Single Family listings in Mount Clemens is $133. The average listing price for Single Family in Mount Clemens is $234,392. To schedule a showing of MLS#20261030035 at 111 Kibbee Street in Mount Clemens, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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