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327 E State Street

Hanover, MI 49241

– beds
6 baths
4,368 sqft
$99 per sqft
1964 build
– on site

Well managed and fully occupied cash flowing opportunity in the quiet village of Hanover. This apartment complex is in excellent condition and has had major cap x done in the past 4 years including roof replacements and upgrades to well and septic and water filtration systems. Tenants are all current and every unit is in great condition. Professional property management has maintained and addressed issues as they arise- no deferred maintenance here! Vinyl sided, newer windows and new and well maintained mechanicals make this property ideal for an investor who truly wants to be hands off with a property that doesn't require municipal inspections. Separate mechanicals and utilities. SOLD AS IS Actuals are available. Land Contract terms offered at higher price see agent notes BATVAI

Listing courtesy of REALCOMP / RE/MAX Leading Edge

Last checked: Checking… • Last updated Mar 31, 2025 •

MLS# 20250014680 —

The Building

Year Built:

1964
Year Remodeled:

2023
New Construction:

false
Construction Materials:

VinylSiding
Architectural Style:

Ranch
Roof:

Asphalt
Levels:

One
Basement:

false
Foundation Details:

Slab
Above Grade Finished Area:

4368.0

Interior

Fireplace:

false

Room Dimensions

Living Area:

4368.0
Living Area Source:

PublicRecords

Location

Directions:

State street just past split rail trail and Historic Organ Museum. If you pass the dentist office coming from the east you've gone too far.
Cross Street:

TEFFTS AND DEAN

The Property

Parcel Number:

000172812602000
Property Type:

ResidentialIncome
Property Subtype:

MultiFamily
Lot Size Dimensions:

198.00 x 152.00
Lot Size Units:

Acres
Zoning Description:

Multi-Family
Road Frontage Feet:

198
Road Frontage Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Legal Description:

LOTS 2 & 3 LONE OAK SUBDIVISION VILLAGE OF HANOVER
Tax Assessed Value:

138115
Tax Annual Amount:

7441.0

Baths

Total Baths:

6
Full Baths:

6

Heating & Cooling

Heating:

Baseboard, HotWater, NaturalGas, Radiant
Heating:

true
Cooling:

false

Utilities

Sewer:

SepticTank
Water Source:

Well

Schools

High School District:

HanoverHorton

The Community

Subdivision Name:

LONE OAK SUB
Senior Community:

false
Pool Features:

None
Waterfront:

false
Pets Allowed:

Call

Parking

Attached Garage:

false
Parking Total:

9.0

RE/MAX Leading Edge

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Walk Score®

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Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
3/6/25 Mar 6, 2025	Listed / Active	REALCOMP	$435,000

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This multifamily located in Hanover, MI 49241 is currently for sale for $435,000. 327 E State Street is a 4,368 square foot multifamily with – beds and 6 baths that has been on Estately for 41 days. This multifamily is in the attendance area of Hanover-Horton Elementary School.

RE/MAX Leading Edge

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.