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$149,000
Monthly Est:$742
6 Beds
1 Bath1 full bath
1,200sqft
153 Okemos Rd, Mason, MI 48854
$149,000
$742/moEst:
Get Pre-Approved
Single Family Residence
Built in 1900
$-- HOA
11,761.2 sqft lot
$124/sq.ft
Description
INVESTOR / SCRATCH-AND-DENT OPPORTUNITY IN MASON -- BUILT-IN EQUITY POTENTIAL! 153 Okemos St offers a great opportunity for investors, landlords, flippers, contractors, or an owner-occupant willing to put in some sweat equity. This 3-bedroom, 1-bath home offers approximately 1,200 square feet of living space on a generous 0.27-acre lot in the City of Mason. The numbers are where this property gets interesting. Estimated ARV: $220,000-$235,000 Estimated Market Rent: $1,600-$1,750/month Potential Annual Gross Rent: $19,200-$21,000 For a buyer getting into the property in the mid-$160,000s to low-$170,000s, that could represent approximately $50,000-$70,000 in potential equity once the property is updated and brought to its full retail potential. For the flipper, there is room to improve the property cosmetically and capitalize on Mason's stronger retail market. For the buy-and-hold investor, a projected $1,600-$1,750 monthly rent provides a solid rental opportunity in a market with l
- Houzeo last checked: 12 hours ago
- Listing updated: October 10, 2026 at 1:04 am
- Listing Provided by: Jason Mead (517) 256-0611 | eXp Realty, LLC (888) 501-7085
- Source: Realcomp MLS-MI | MLS#: 81026054021
- Originating MLS: Greater Metropolitan Association of REALTORS
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
1,200 sqft
Lot Size
11,761.2 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
81026054021
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathroom: 1
Interior
Sewer
None, Public Sewer
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1900
Home type
Single Family Residence
Foundation Details
Slab
Architectural Style
Traditional
Construction Materials
Wood Siding
Utilities & Energy
Water Source
Public
Laundry Features
Other
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Listed for Sale | $149,000 $124/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 02:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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