Five (5) unit apartment building on 21.59 acres with room for expansion. This property also has a 5,000 sq pole barn that has a concrete floor, electricity, spray foam insulation ($30,000), a bathroom, and an office. The pole barn is not rented and can provide extra income of approximately $2,500.00 per month. For additional income, there is also a billboard which currently receives $750.00 per month for one side and $4,500.00 per year for the other. In addition to that, this 21.59 acre property has approximately 1,385 feet of frontage on US-23, and approximately 20 acres for farming with income of approximately $900.00 per year. Some updates in the farmhouse include some new flooring, bathroom tile and paint. This is an excellent investment opportunity. CITY WATER IS COMING TO THOMPSON RD THIS SUMMER & TORREY RD NEXT SUMMER! DO NOT DISTURB THE TENANTS! ALL RESIDENTIAL UNITS ARE OCCUPIED! NO SHOWINGS WITHOUT AN ACCEPTED OFFER. All information is estimated and should be verified.
- MI
- Fenton Charter Township
- 48430
- 3231 RAY Road
- MLS# 2220004051
- Date Listed01/24/2022
- Bedrooms 8
- Bathrooms 5 Full baths
- Lot Size 21.59 acres (940,460 sq. ft)
- Sewer Septic Tank
- Property Type Multi Family
- County Genesee
- Year Built 1900
- Water Private, Well
- Square Feet 3,477 sq. ft
- Price Per Sq. Ft $244.46
Interior Features
- Cooling None
- Heating Forced Air, Hot Water, Propane
Exterior / Lot Features
- Roof -
- Lot Size Acres 21.59
- Lot Size SQFT 940,460.40
- Lot Features -
Directions
US-23 to Thompson Rd, East on Thompson Rd to Torrey Rd, North on Torrey Rd to Ray Rd, West on Ray Rd to property
Financial Considerations
- Tax Amount $6,552
- Terms Cash, Conventional, FHA, VA Loan
Sales & Tax History
Source: Public Records
| Year | Taxes | Total Assessments |
|---|---|---|
| 2019 | $6,459.58 2.45% | $211,600 |
| 2018 | $6,301.00 4.65% | $159,300 |
| 2017 | $6,008.00 0.63% | $159,300 |
| 2016 | $5,970.44 1.00% | $156,800 |
| 2015 | $5,910.98 | $156,800 |
| Date | Event | Price |
|---|---|---|
| 04/28/2022 | Active | $850,000.00 30.77% |
| 03/08/2022 | Active | $650,000.00 |
| 02/25/2022 | Pending | $650,000.00 |
| 01/24/2022 | Active | $650,000.00 |
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 2507 MARGARET Drive | 6 | 7 | Nov 25, 2025 | $2,350,000 | Nov 26, 2025 | - |
| 2507 MARGARET Drive | Listing | 6 | 7 | Nov 25, 2025 | $2,350,000 | Feb 23, 2024 | $635,666 |
| 7520 Peppermill Drive | 3 | 2 | Oct 02, 2025 | $370,000 | Nov 26, 2025 | - |
| 7468 Skylar Court | 4 | 3 | Oct 02, 2025 | $404,000 | Nov 26, 2025 | - |
| 7468 Skylar Court | 4 | 3 | Sep 29, 2025 | $404,000 | Nov 26, 2025 | - |
| 13033 River Rock Pass | 3 | 2 | Oct 02, 2025 | $443,050 | Nov 26, 2025 | - |
| 13162 Westwinds Drive | 3 | 3 | Oct 03, 2025 | $382,500 | Nov 26, 2025 | - |
| 13162 Westwinds Drive | 3 | 3 | Oct 03, 2025 | $382,500 | Nov 26, 2025 | - |
| 13062 RIVER ROCK Pass | 3 | 2 | Oct 21, 2025 | $390,000 | Nov 26, 2025 | - |
| 13144 Stony Brook Pass | 3 | 2 | Oct 30, 2025 | $397,500 | Nov 26, 2025 | - |
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 39,079 | 12,545 | 197,041 | 335,858,263 |
| Population Density | 471 | 1,879 | 349 | 95 |
| People per Household | 2.5 | 2.3 | 2.7 | 2.6 |
| Median Age | 42.7 | 38.6 | 43.7 | 39.1 |
| Median Income | $79,910 | $64,099 | $85,973 | $66,222 |
| Average Income | $39,290 | $30,985 | $39,727 | $35,475 |
| Cost of Living Index | 97 | 82 | 103 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 13.3°F | 13.3°F | 14.3°F | 22.6°F |
| July Avg. High Temp | 82°F | 82°F | 81.7°F | 86.2°F |
| Annual Precipitation | 31.61" | 31.61" | 30.93" | 38" |
Property Change History
View Changes
Previous Description:
Updated Description:
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Frequently Asked Questions for 3231 RAY Road
Source: Realty.com
3231 RAY Road, Fenton Charter Township, MI 48430 is a Multi Family, Residential Income property listed for $850,000 The property is 3477 sq. ft with 8 bedrooms and 5 bathrooms
Our records indicate that 3231 RAY Road was built in 1900.
The full address for this home is 3231 RAY Road, Fenton Charter Township, MI 48430.
3231 RAY Road has been listed on Realty.com since Mon January 24, 2022
The average walkability score in the surrounding area is Walk Score: 6/100, Transit Score: 0/100, Bike Score: 26/100.
There are 2 schools assigned to this home. Check out the schools near 3231 RAY Road. Lake Fenton Middle School (Grades: 6 - 8), Lake Fenton High School (Grades: 9 - 12)
Listing provided courtesy of:
Van Esley Real Estate Inc
(tel: 734-459-7570)
Listing agent:
David Misko
(tel: 248-207-7388)
(#351778)
This content last refreshed on 2025-11-26 23:11:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 3231 RAY Road, Fenton Charter Township, MI 48430 : MLS# 2220004051