3231 West Ray Road

Closed 8/11/25
Closed 8/11/25
Front of 3 unit farmhouse
Side of 3 unit farmhouse
Side of 3 unit farmhouse
Duplex
Pole Barn
Pole Barn
Side view of Pole Barn
Rear view of Pole Barn
Billboard
Billboard
Farmland
Farmland
Farmland
Unit#2, 1 bd upper
20220122_110349.jpg
20220122_110459.jpg
Kitchen
Bathroom
20220122_110538.jpg
20220122_110750.jpg
Unit 1, 2 bd
Enclosed porch Unit 1
Porch fireplace
Kitchen
Kitchen
Dining room
Dining room
Living room
Living room
Bedroom #1
Bathroom
Bathroom
Stairway to bedroom
Bedroom #2
Bedroom #2
Sold
Last Sold Price
$775,000
8 beds3,477 sqft$223/sqft
3231 West Ray Road, Fenton, MI 48430
Multi FamilyProperty Type
21.59 acresLot Size
1900Year Built
$223/sq ftPrice per sq ft

Description

Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $750.00 per month for one side and $4,500.00 per year for the other. In addition to that, this 21.59 acre property...Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $750.00 per month for one side and $4,500.00 per year for the other. In addition to that, this 21.59 acre property has approximately 1,385 feet of frontage on US-23, and approximately 20 acres for farming with income of approximately $900.00 per year. Some updates in the farmhouse include some new flooring, bathroom tile and paint. This is an excellent investment opportunity. City water is coming to thompson rd this summer & torrey rd next summer! Do not disturb the tenants! All residential units are occupied! No showings without an accepted offer. All information is estimated and should be verified.
  • Listed by: David D Misko 734.459.7570 ddmisko@gmail.com Brokerage DRE #6505293953 • Van Esley Real Estate Inc
Listing closed: 08/11/2025 12:00 AM • Source: Realcomp, MLS#: 2220004051
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Listing Courtesy of Van Esley Real Estate Inc

Sold By Van Esley Real Estate Inc

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$4,485 per month

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Principal and Interest

$3,939

Property Taxes

$546

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Property Information for 3231 West Ray Road

Property Details
  • Taxes: $6,552 / year
  • MLS Type: Residential Income / Multi Family
  • County: Genesee County
  • Architectural Style: Duplex, Farmhouse
  • Waterfront: No
  • Zoning Description: Agricultural
  • Senior Community: No
Building Information
  • Residences: 5
  • Year Built: 1900
  • Lot Size: 21.59 AC / 940,460 SF
Summary
Location and General Information
  • Directions: US-23 to Thompson Rd, East on Thompson Rd to Torrey Rd, North on Torrey Rd to Ray Rd, West on Ray Rd to property
  • Latitude: 42.868497
  • Longitude: -83.737877
  • Cross Street: s of Ray Road/E of US-23
  • MLS Area Major: Area08121Fenton Twp
Taxes and HOA
  • Parcel Number: 0603200022
  • Tax Amount Summer: $1,779.00
  • Tax Amount Winter: $4,773.00
  • Tax Annual Amount: $6,552.00
  • Tax Assessed Value: $154,171.00
  • Tax Legal Description: A PARCEL OF LAND BEG S 89 DEG 48 MIN W 2087.11 FT FROM NE COR OF SEC TH S 0 DEG 13 MIN E 264 FT TH N 89 DEG 48 MIN E 165 FT TH S 0 DEG 13 MIN E 1095.17 FT TH N 89 DEG 03 MIN W 783.38 FT TH N 3 DEG 8 MIN 13 SEC E 1345.73 FT TH N 89 DEG 48 MIN E 539.5 FT TO PL OF BEG SEC 3 T5N R6E (94) FR F-72--(2020)
School Information
  • High School District: Lake Fenton
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Acres: 21.59
  • Lot Size Area: 21.59
  • Lot Size Dimensions: 435 x 1385 x 679 x 1133 x 165 x 263
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 435
  • Road Frontage Type: Gravel
Property and Assessments
  • State Equalized Value: 180900.0
  • Living Area: 3477.0
  • Above Grade Finished Area: 3477.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • New Construction: No
  • Year Built: 1900
Building Features
  • Construction Materials: Other, Vinyl Siding
  • Foundation Details: Block, Crawl Space
  • Levels: One And One Half
  • Year Remodeled: 2021
Utilities
  • Sewer: Septic Tank
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 5.0
  • Has Basement: No
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Hot Water, Propane
  • Has Heating: Yes
  • UnitOneBedNumberOf: 3
  • UnitTwoBedNumberOf: 1
  • UnitThreeBedNumberOf: 1
Multi Family
Multi Family Information
  • Number of Units Leased: 5
  • Number of Units Total: 5
  • Unit Records: 5
Income & Expenses
  • Gross Scheduled Income: $89,700.00
  • Net Operating Income: $73,280.00
  • Operating Expense: $16,420.00
Unit Information
Unit 1
  • Actual Rent: $725.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 99999.0
  • Type: Three Bedroom
  • Total Units: 1.0
Unit 2
  • Actual Rent: $800.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 99999.0
  • Type: One Bedroom
  • Total Units: 1.0
Unit 3
  • Actual Rent: $900.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 99999.0
  • Type: Two Bedroom
  • Total Units: 1.0
Unit 4
  • Actual Rent: $700.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 99999.0
  • Type: One Bedroom
  • Total Units: 1.0
Unit 5
  • Actual Rent: $600.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Sq Ft: 99999.0
  • Type: One Bedroom
  • Total Units: 1.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $7,325.00
  • Existing Lease: No
  • Pets Allowed: Call
  • Rent Spree: No

Property History for 3231 West Ray Road

DateEvent & SourcePriceAppreciation
Aug 11, 2025

Sold

Realcomp #2220004051

$775,000—
Nov 3, 2024

Contract Signed

Realcomp #2220004051

—
Mar 8, 2022

Listed (Active)

Realcomp #2220004051

$650,000—
DateEvent & SourcePrice
08/11/2025

Sold

Realcomp #2220004051

$775,000
11/03/2024

Contract Signed

Realcomp #2220004051

—
03/08/2022

Listed (Active)

Realcomp #2220004051

$650,000

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

Public Records for 3231 West Ray Road

Taxable ValueLand-Additions-Total-
Tax Record2020$6,532 ($544 / month)
Home Facts
Beds0Lot Size940,460 SqFtStyleSingle Family ResidenceCountyGENESEEAPN0603200022

Schools near 3231 West Ray Road

This home is within Lake Fenton Community Schools.
Rating
School
Type
Grades
Distance
West Shore Elementary School
Public - PK to 2
Torrey Hill Intermediate School
Public - 3 to 5
Lake Fenton Middle School
Public - 6 to 8
Lake Fenton High School
Public - 9 to 12
Rating
School
Distance
West Shore Elementary School
PublicPK to 2

Torrey Hill Intermediate School
Public3 to 5

Lake Fenton Middle School
Public6 to 8

Lake Fenton High School
Public9 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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Listing Courtesy of Van Esley Real Estate Inc

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