About This Home

This 3-bedroom, 3-bathroom single family at 5469 Parker Road in Fort Gratiot, MI is listed for $179,000 ($95 per sqft). Built in 1988, the home offers 1,880 sqft of living space on a 0.35 acres lot.

Key Features

  • Built in 1988
  • 0.35 acre lot
  • Fireplace

Property Details

1 story
3 full
1-car garage
1988

Amenities

Fireplace
Listing Description

Fantastic investment opportunity in desirable Fort Gratiot! This well-maintained 3-unit property is located just one block from the water, offering an attractive location for both tenants and owner-occupants. Two units are currently generating income, with one rented for $950/month and the studio unit rented for $700/month.

The third unit is vacant, providing flexibility for the next owner-move in and enjoy owner-occupied living while collecting rental income, or lease the vacant unit to maximize cash flow. Whether you're looking to expand your investment portfolio or purchase a multi-family property with the option to live on-site, this versatile property offers excellent potential in a sought-after location close to the shoreline, parks, shopping, and everyday amenities.

Monthly Cost Estimate

$957/mo

20% down · 6.5% · 30 years

Principal$129
Interest$776
Insurance$52

Estimates only. Actual payments may vary.

Location

5469 Parker Road

Fort Gratiot, MI 48059-3008

4050 Section (West)

Property Details

Heating

Forced Air

Questions & Answers

This 3-bedroom, 3-bathroom single family at 5469 Parker Road is listed at $179,000 ($95/sqft). The estimated monthly payment is $957 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1988, 0.35 acre lot, Fireplace.

This property is listed by Brian Frey.

BF

Brian Frey

Agent at Keller Williams Realty Macomb-St. Clair Market Center

Listed by Keller Williams Realty Macomb-St. Clair Market Center · Broker phone: (586) 949-0200 · View on Broker Site · Broker website

MLS# 50213867· Source: Multiple Listing Service MiRealSource· 119 days on PropertySimple

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5469 Parker Road, Fort Gratiot, MI 48059-3008

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