Welcome to an incredible opportunity to acquire a cash-flowing, Waterfront multi-family property on Highland Road in Highland Township. The property features 8 apartment units spread across 2 buildings. This well-maintained asset includes:
(5) 1-Bedroom / 1 Bath Units,
(3) Studio Units.
Each unit has its own private entrance and full bathroom, with recent upgrades including:
Fresh interior and exterior paint, new flooring, newer roof (2021), new signage, new water filtration, new electrical service, and many additional updates included.
The on-site parking lot, individual electrical meters, and low utility costs make this property manageable. The property is 100% occupied, grossing each month, and includes several long-term tenants and leases extending until 2026. Interior showings only after accepted offer.
Sold for $775,000
$775,000
1298 E Highland Rd, Highland, MI 48356
5beds
2,863sqft
Multi Family
Built in 1974
-- sqft lot
$803,600 Zestimate®
$271/sqft
$1,548 Estimated rent
Home value
$803,600
$755,000 - $852,000
$1,548/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$1,548/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,548/mo
Rent Zestimate®
Refinance and save
$4,942/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$4,942/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: October 23, 2025 at 07:07am
Listed by:
Claudio Meroli 248-250-2937,
R2M Realty
Bought with:
Unidentified Agent
Unidentified Office
Source: Realcomp II,MLS#: 20250030561
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 8
Heating
- ENERGYSTAR Qualified Furnace Equipment, Forced Air, Natural Gas
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 2,863 sqft
- Finished area above ground: 2,863
Property
Parking
- Parking features: Parking Lot, Paved
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3.68 Acres
Details
- Parcel number: 1123304002
- Zoning description: Commercial, MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Block, Vinyl Siding, Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1974
- Major remodel year: 1974
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Highland
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Pending sale | $849,900+9.7%$297/sqft |
Source:  Realcomp II #20250030561 Report a problem | ||
| 9/2/2025 | Sold | $775,000-8.8%$271/sqft |
Source: Realcomp II #20250030561 Report a problem | ||
| 5/13/2025 | Price change | $849,900+54.5%$297/sqft |
Source: Realcomp II #20250030561 Report a problem | ||
| 9/1/2023 | Pending sale | $550,000+4.8%$192/sqft |
Source: Realcomp II #20230010629 Report a problem | ||
| 8/31/2023 | Sold | $525,000-4.5%$183/sqft |
Source: Realcomp II #20230010629 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 48356
Nearby schools
GreatSchools rating
- 8/10Spring Mills Elementary SchoolGrades: K-5Distance: 1.7 mi
- 7/10Milford High SchoolGrades: 7-12Distance: 2.2 mi
- 7/10Oak Valley Middle SchoolGrades: 5-9Distance: 4.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$803,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$803,600
- Michigan
- Oakland County
- Highland
- 48356
- 1298 E Highland Rd