$799,000 for Sale
902 e ashman, midland, MI 48642
Property Description
OWN THE BLOCK ON ASHMAN! An exceptional investment opportunity in Midland, Michigan! This high-performing, mixed-use complex features a diverse and stable income stream across 14 residential units, 4 commercial spaces and an additional detached single family house all situated on a strategically located parcel in the heart of the City near downtown, schools, and shopping. The entire portfolio has professional property management in place with several of the units recently upgraded by current ownership in 2025 (see 2025 YTD P&L for details). The portfolio is at or near full occupancy with a 2026 pro forma net operating income projected at over $70,000+ and an estimated 8.76% cap rate. Also potentially available is 906 Ashman adjacent to the building. Buyer may tour any vacant units prior to offer acceptance and may then tour the entire building during due diligence.
General Information
Sale Price: $799,000
Price/SqFt: $100
Status: Active
MLS#: 50195472
City: midland
Post Office: midland
County: Midland
Acres: 0.34
Lot Dim: Irregular
Size: 8,006 sq.ft.
Acreage: 0.34 est.
Year Built: 9999
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes: $8,711
Est. Winter Taxes: $3,684
Listing Courtesy of: Logan Richetti of Modern Realty
Information provided by Saginaw Board of REALTORS
®
Listing information provided courtesy of the Saginaw Board of REALTORS
®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
This listing last updated: Wed, December 03, 2025 at 10:02:31 AM EST
SBR Listing Data Last Updated on Sun, December 7 2025 at 9:08am
