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Street View
$4,250,000
Monthly Est:$21,154
-- Bed
22 Baths22 full baths
20,656sqft
425 Donavan St, South Lyon, MI 48178
$4,250,000
$21,154/moEst:
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Multi Family
Built in 1960
$-- HOA
-- sqft lot
$206/sq.ft
Description
Fully stabilized 20-unit townhome community in South Lyon, built in 1960 across five buildings totaling approximately 20,656 SF. Unit mix includes 12 two-bedroom/one-bath units (975 SF) and 8 three-bedroom units (6 with one bath at 1,125 SF, 2 with two baths at 1,079 SF), each with its own private exterior entrance and 40 parking spaces on site. Units are individually metered for electric and gas, which tenants pay directly; ownership covers only water and trash. Forced-air heat and central air throughout. Currently 97% occupied (19 of 20 units leased). Located near downtown South Lyon with convenient access to US-23, roughly 45-55 minutes to Detroit and 25-30 minutes to Ann Arbor, within the highly regarded South Lyon Community Schools district. A rare opportunity to acquire a well-maintained multi-family asset in a tightly held Oakland County submarket.
- Houzeo last checked: 12 hours ago
- Listing updated: October 6, 2026 at 3:42 pm
- Listing Provided by: Brady Williams (360) 989-5395 | Greater Development LLC (313) 209-2900
- Source: Realcomp MLS-MI | MLS#: 20261075491
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
20,656 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261075491
MLS Status
Active
Days on Market
19
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 22
Interior
Sewer
Public Sewer
Heating
Forced Air, Natural Gas
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Foundation Details
Slab
Construction Materials
Brick, Vinyl Siding
Architectural Style
Townhouse
Utilities & Energy
Pool Features
None
Water Source
Public
Other Features
Disclosures
Actual Income, Annual Property Operating Data Available, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
10/06/2026 Source: | Listed for Sale | $4,250,000 $206/sqft |
Find Homes by Property Features in South Lyon, MI
Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 07, 2026, 06:00AM. 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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