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425 Donavan, 
South Lyon, MI 48178

$3,995,000


—

Bed


22

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Brady Williams

Greater Development LLC.

313-209-2900

Last updated:

October 14, 2026, 05:33 PM

MLS#

61036388

Source:

MI REALSOURCE

About This Home

425 Donavan

Fully stabilized 20-unit townhome community in South Lyon, built in 1960 across five buildings totaling approximately 20,656 SF. Unit mix includes 12 two-bedroom/one-bath units (975 SF) and 8 three-bedroom units (6 with one bath at 1,125 SF, 2 with two baths at 1,079 SF), each with its own private exterior entrance and 40 parking spaces on site. Units are individually metered for electric and gas, which tenants pay directly; ownership covers only water and trash. Forced-air heat and central air throughout. Currently 97% occupied (19 of 20 units leased). Located near downtown South Lyon with convenient access to US-23, roughly 45-55 minutes to Detroit and 25-30 minutes to Ann Arbor, within the highly regarded South Lyon Community Schools district. A rare opportunity to acquire a well-maintained multi-family asset in a tightly held Oakland County submarket.

Home Facts

Multi-Family

22 Baths

Built in 1960

Price Summary

3,995,000

MLS #:

61036388

Last Updated:

October 14, 2026, 05:33 PM

Added:

9 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

22

Full Bathrooms:

22


Structure

Structure

Year Built:

1960


Finances & Disclosures

Finances

Price:

$3,995,000

MLS Logo
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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.