Sold
Last Sold Price
2,863 sqft
1298 East Highland Road, Highland, MI 48356
Multi FamilyProperty Type
3.68 acresLot Size
1974Year Built
$271/sq ftPrice per sq ft

Description

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,...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.
  • Listed by: Claudio Meroli 248.250.2937 klaudjomeroli@gmail.com • R2M Realty
Listing closed: 10/23/2025 02:05 PM • Source: MiRealSource, MLS#: 60393933

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Recent comparable sales

Median sold price

$478,500

Avg days on market

37

Sale-to-list ratio

87.4%

Highland, MI

9 comparable properties found

1

$664,000

Sold 02/25/26

Unavailable
Bedrooms
6
Bathrooms
2,896
Square Feet
1.1
Acres
2

$350,000

Sold 10/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,462
Square Feet
0.31
Acres
3

$765,000

Sold 10/23/25

Unavailable
Bedrooms
5
Bathrooms
2,247
Square Feet
0.69
Acres
4

$258,000

Sold 08/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,354
Square Feet
0.43
Acres
5

$430,000

Sold 10/01/25

Unavailable
Bedrooms
4
Bathrooms
2,674
Square Feet
0.22
Acres
6

$811,130

Sold 10/04/24

Unavailable
Bedrooms
3
Bathrooms
3,527
Square Feet
0.54
Acres
7

$478,500

Sold 03/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
8,800
Square Feet
1.05
Acres
$118,000 | Vl Harvey Lake Road, Highland, MI 48356
1/8
8

$118,000

Sold 03/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.03
Acres
9

$499,000

Sold 02/03/26

Unavailable
Bedrooms
2.5
Bathrooms
2,368
Square Feet
0.42
Acres

Location

Listing Courtesy of R2M Realty
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$4,602 per month

30 year fixed, 6.71% Interest

Principal and Interest

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Property Taxes

$597

HOA Dues

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Property Information for 1298 East Highland Road

Property Details
  • Taxes: $7,164 / year
  • MLS Type: Residential Income / Multi Family
  • Architectural Style: 2 Story
  • Has Waterfront: No
  • Zoning Description: Commercial, Multi Family
Building Information
  • Stories: 2
  • Residences: 8
  • Year Built: 1974
  • Lot Size: 3.68 AC / 160,300 SF
Summary
Location and General Information
  • Cross Street: 1298 E highland Rd
  • Directions: 1298 E Highland Rd. Highland, MI 48356, Milford Rd To Highland Rd, E To Property.
  • Latitude: 42.644255
  • Longitude: -83.598965
  • MLS Area Major: Highland Twp (63111)
  • Senior Community: No
  • Township: Oakland Highland Twp
Taxes and HOA
  • Parcel Number: 1123304002
  • Tax Annual Amount: $7,164.00
  • Tax Assessed Value: 140860
School Information
  • High School District: Huron Valley
Parking
  • Attached Garage: No
  • Parking Features: Parking Lot, Paved
Property
Lot Information
  • Frontage Length: 200.0
  • Lot Size Acres: 3.68
  • Lot Size Area: 3.68
  • Lot Size Dimensions: Irregular
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 2863.0
  • Building Area Total: 2863.0
  • Living Area: 2863.0
  • Living Area Source: Appraiser
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1974
Building Features
  • Construction Materials: Vinyl Siding, Wood Siding
  • Foundation Details: Slab
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available
  • Water Source: Private
Interior and Exterior Features
Interior Features
  • Has Basement: No
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Has Cooling: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Has Fireplace: No
Multi Family
Multi Family Information
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
Income & Expenses
  • Gross Scheduled Income: $101,700

Property History for 1298 East Highland Road

DateEvent & SourcePriceAppreciation
Oct 23, 2025

Sold

Realcomp #20250030561

Oct 23, 2025

Sold

MiRealSource #60393933

Sep 4, 2025

Contract Signed

MiRealSource #60393933

DateEvent & SourcePrice
10/23/2025

Sold

Realcomp #20250030561

10/23/2025

Sold

MiRealSource #60393933

09/04/2025

Contract Signed

MiRealSource #60393933

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1298 East Highland Road

Taxable ValueLand-Additions-Total-
Tax Record2020$3,998 ($333 / month)
Home Facts
Total Finished SqFt2,863 SqFtAbove Grade Finished SqFt2,863 SqFtUnfinished Basement SqFt1,668 SqFtStories1Lot Size160,301 SqFtStyleMulti-Family Res (5+ Units)Year Built1974ZoningAICountyOAKLANDAPN1123304002

Schools near 1298 East Highland Road

This home is within Huron Valley Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 7 to 12
Public - K to 12
Rating
School
Distance
Highland Elementary School
PublicK to 5

Muir Middle School
Public5 to 8

Milford High School
Public7 to 12

Huron Valley Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1298 East Highland Road, Highland, MI 48356
$775,000
2,863
160,300
$525,000
2,863
160,301
$299,000
2,863
160,301
$47,000
2
906
24,393
$250,000
60,983

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of R2M Realty

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.