425 Donavan Street, South Lyon, MI 48178

South Lyon
Local realty services provided by:ERA Prime Real Estate Group
425 Donavan Street,Southlyon, MI 48178
$4,250,000
  • - Beds
  • 22 Baths
  • 20,656 sq. ft.
  • Multi-family
  • Active
Listed by: brady williams
Office: greater development llc.
MLS#:20261075491
Source:MI_REALCOMP

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$205.75

About this home

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.

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Home facts

  • Year built:1960
  • Listing ID #:20261075491
  • Added:1 day(s) ago
  • Updated:October 07, 2026 at 10:10 AM

Rooms and interior

  • Total bathrooms:22
  • Full bathrooms:22
  • Living area:20,656 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1960
  • Building area:20,656 sq. ft.
  • Architectural Style:Townhouse
  • Construction Materials:Brick, Vinyl Siding
  • Foundation Description:Slab
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$205.75
  • Tax amount:$30,531

Parking

  • Total parking spaces:40
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