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16001 Dixie Highway, 
Holly, MI 48442

$965,000

—

Bed

9

Baths

2,835

Sq Ft

Multi-Family

Active

Listed by

Michael Mcclafferty

Oakpointe Real Estate Advisors

248-972-7040

Last updated:

March 5, 2026, 10:56 AM

MLS#

20261009360

Source:

MI REALCOMP

About This Home

16001 Dixie Highway

This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket. In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.43% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.

Home Facts

Multi-Family

9 Baths

Built in 1950

Price Summary

965,000

$340 per Sq. Ft.

MLS #:

20261009360

Last Updated:

March 5, 2026, 10:56 AM

Added:

14 day(s) ago

Rooms & Interior

Bathrooms

Total Bathrooms:

9

Full Bathrooms:

9

Interior

Living Area:

2,835 Sq. Ft.

Structure

Structure

Year Built:

1950

Lot

Lot Size (Sq. Ft):

95,832

Finances & Disclosures

Finances

Price:

$965,000

Price per Sq. Ft:

$340 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.