Back 18225 Racho Rd
Off Market

18225 Racho Rd

Riverview MI 48193

7430 sq. ft.
0.74 ac.
Multi-Family
Last sold for $715,000
Kirsten SmithamKirsten Smitham, last sold this property on 03 February 2025 after 262 days on market.

Overview

Great investment opportunity to buy a FULLY OCCUPIED 8 unit apartment building! 6 two bedroom, 2 one bedroom units. Total rents currently $7272.00 monthly with plenty of room for increase. New roof in 2017, Furnace and AC in 2016, Vinyl windows, Coin operated washer and dryer included for extra added income. Great management company already in place. Must provide proof of funds to kirsten@reservemgmtco.com to request a showing with listing agent. Showing OF 1 OCCUPIED unit scheduled for SATURDAY MAY 18th 2-3 pm BY APPOINTMENT ONLY, WITH LISTING AGENT BATVAI

Features

7430 sq. ft. floor area
0.74 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Riverview over the last 12 months.

Property history for 18225 Racho Rd

2025
Sold
$715,000
03 Feb 2025 by Kirsten Smitham, of Reserve Management Company
2020
Sold
$560,000
10 Aug 2020 by Joe Balint, of Real Estate One Southgate
2018
Sold
$450,000
27 Apr 2018 by Steffanie Jozsa, of Real Estate One-Southgate

Happy sellers in Riverview

100%
100% of sellers in Riverview reported that their sale price either exceeded or met their price expectations.

Riverview stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Riverview over the last 12 months.

Local market activity for multi families in Riverview

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