Listing courtesy of Crystal Dane of Coldwell Banker Groves Real Estate
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Excellent multifamily investment opportunity offering 12 income-producing units situated on approximately 13 acres in the Village of Hanover. The property includes five duplex buildings and two single-family homes, providing a diverse unit mix and strong rental demand.
This portfolio has benefited from significant recent improvements, helping reduce future capital expenses and making it a low-maintenance investment for the next owner. The property has maintained consistently strong occupancy, with all units currently leased, providing stable income and reliable cash flow.
In addition to the existing rental income, the property offers future upside potential with the 13 acres of land primed for development.
Wickman Apartments Portfolio represents a compelling investment opportunity for investors seeking both current cash flow and long-term growth potential.
6 parcels total. 000-17-28-126-015-01, 000-17-28-126-015-02, 000-17-28-127-003-02, 000-17-28-127-003-01, 000-17-28-126-014-01
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Listing Snapshot
Price
$1,500,000
Days On Site
36 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
13 Acres
Year Built
1964
MLS® Number
26009926
Status
Active
Property Tax
$7,550.78
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Natural Gas AvailableNatural Gas ConnectedElectricity Connected
Water Source
PrivateWellShared Well
Interior Features
Basement
Crawl SpaceFullPartial
Cooling
Central AirWindow Unit(s)
Heating
Natural GasForced AirHot WaterRadiant
Laundry Features
Gas Dryer HookupLaundry RoomMain LevelWasher Hookup
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Exterior Features
Construction Details
Aluminum SidingBlockBrickStoneVinyl Siding
Frontage
978.5
Lot Features
LevelWoodedCorner Lot
Road Frontage
Private Road
Roof
CompositionMetal
Community Features
Accessibility Features
Accessible EntranceAccessible BedroomGrip-Accessible Features
Community Features
Sidewalks
Financing Terms Available
CashConventional
Roads
Dirt
School District
Hanover-Horton
Township
Hanover Vlg
Schools
School District
Hanover-Horton
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Crystal Dane of Coldwell Banker Groves Real Estate
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MichRIC MLS.
Last checked: 2026-04-21 04:40 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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