Fully stabilized 20-unit townhome community in South Lyon, built in 1960 across five buildings totaling approximately 20,656 SF. Unit mix includes 12 two-bedroom/one-bath units (975 SF) and 8 three-bedroom units (6 with one bath at 1,125 SF, 2 with two baths at 1,079 SF), each with its own private exterior entrance and 40 parking spaces on site. Units are individually metered for electric and gas, which tenants pay directly; ownership covers only water and trash. Forced-air heat and central air throughout. Currently 97% occupied (19 of 20 units leased). Located near downtown South Lyon with convenient access to US-23, roughly 45-55 minutes to Detroit and 25-30 minutes to Ann Arbor, within the highly regarded South Lyon Community Schools district. A rare opportunity to acquire a well-maintained multi-family asset in a tightly held Oakland County submarket.
Property Details
Price:
$3,995,000
MLS #:
20261075491
Status:
Active
Beds:
0
Baths:
22
Type:
Single Family
Subtype:
MultiFamily
Neighborhood:
area02212southlyon
Listed Date:
Oct 6, 2026
Finished Sq Ft:
20,656
Year Built:
1960
See this Listing
Schools
School District:
SouthLyon
Interior
Above Grade Finished Area
20656
Bathrooms
22 Full Bathrooms
Heating
Forced Air, Natural Gas
Levels
Two
Exterior
Architectural Style
Townhouse
Construction Materials
Brick, Vinyl Siding
Parking Spots
40
Parking Total
40
Financial
Taxes
$30,531
Map
Community
- Address425 Donavan Street South Lyon MI
- CitySouth Lyon
- CountyOakland
- Zip Code48178
Subdivisions in South Lyon
- ANDOVER CREEK 1
- ANDOVER CREEK NORTH
- ASSR’S PLAT NO 1 – CITY OF SOUTH LYON
- ASSRS 2 – CITY OF SOUTH LYON
- BROOKFIELD HOMES 2
- BROOKWOOD VILLAGE CONDO OCCPN 1735
- CALKINS KINGSLEY ADD
- CARRIAGE TRACE CONDO
- CHARLESTON PARK CONDO OCCPN 1738
- COLONIAL ACRES SUB
- COLONIAL ACRES SUB NO 2
- ENGLISH
- ESTATES AT HUTSFIELD CONDO OCCPN 2236
- EVERGREEN COURT OCCPN 1114
- FIELDSTONE
- LAFAYETTE WOODS OCCPN 1088
- LEXINGTON PLACE CONDO OCCPN 1743
- LOVEWELL PARK
- LYON BOULEVARDNO 2
- LYON GARDENS
- ORCHARD EDGE ESTATES
- PRINCETON SQUARE OCCPN 1125
- QUAIL RUN OF SOUTH LYON OCCPN 890
- SOUTHRIDGE BLDG 23
- SOUTHRIDGE CONDO OCCP 593
- TROTTERS POINTE OCCPN 951
- VILLAGE AT EAGLE HEIGHTS OCCPN 795
Market Summary
Current real estate data for Single Family in South Lyon as of Oct 14, 2026
39
Single Family Listed
70
Avg DOM
191
Avg $ / SqFt
$560,790
Avg List Price
Property Summary
- 425 Donavan Street South Lyon MI is a Single Family for sale in South Lyon, MI, 48178. It is listed for $3,995,000 and features 0 beds, 22 baths, and has approximately 20,656 square feet of living space, and was originally constructed in 1960. The current price per square foot is $193. The average price per square foot for Single Family listings in South Lyon is $191. The average listing price for Single Family in South Lyon is $560,790. To schedule a showing of MLS#20261075491 at 425 Donavan Street in South Lyon, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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