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Romeo, MI, 48065 • 48065 • Macomb County
$188/sqft
-$15,000 since Mar 11, 2026
Down payment assistance available
4Beds
4Baths
2,366Sqft
0.18 acLot
1950Built
Quadruplex Style
Built 1950 · 76 years of history
A/P # 02 ROMEO/BRUCE
48065
Outdoor Living
Deck · Patio
This home is getting attention
Listed 48 days ago · 2,032 views · 62 saves
Demand and pricing signals for this listing
2,032 views
People checking out this listing
62 saves
Buyers have saved this home
48 days on market
Established listing
$188/sqft
Price per square foot
Multi Family · Built 1950
LAND CONTRACT TERMS: $230,000 DOWN 7% AMORTIZED OVER 30 YEARS, BALLOON BALANCE AFTER 5 YEARS....Excellent investment opportunity in the heart of Romeo just walking distance to vibrant downtown shops, restaurants, and community events. This well-maintained 4-unit multi-family property features two spacious 1-bedroom, 1-bath units, including two main-level units and two upper studio units. Two of the units offer full basements for additional storage and functionality. All units are occupied by long-term tenants, providing immediate and stable cash flow. Current gross monthly income is $3,415 with strong upside potential, as market rents could support income exceeding $4,000 per month. The property offers plenty of on-site parking to accommodate all occupants. The owner currently pays water, a small common electric bill, gas, lawn care, and snow removal. The roof is newer, and the building has been consistently well maintained, contributing to excellent tenant retention. To avoid disturbing tenants, showings will be scheduled upon an accepted offer only.
Standout features identified
Our analysis highlights two upper studio units, two main-level units, and plenty of on-site parking as key attractions of this home.
Based on current rates
Est. 6.28% rate · 30yr fixed · $356,000 loan
Full calculator →Key facts and listing details
5 categories of property features
Market data and value estimates
3 schools rated nearby
Romeo, MI, 48065
12 events
17 years of records
Local context around this listing
Romeo, MI • Macomb County
Nearby cities
Nearby zip codes
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