6116 Lapeer Rd · Burton, MI 48509

$149,999

5 bd · 2.0 ba · 1,473 sqft · SingleFamily · 15 Days on market

Built 1939 0.83 ac lot Est $174k · 14% under ↓ 9% since listing

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +23.9/30.0
• ARV discount +13.7/15.0
• DSCR +7.7/10.0
• 1% rule +6.8/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Versatile opportunity on nearly an acre in Burton! This 1,473 sq. ft. property offers flexibility as a spacious single-family home or potential duplex, with separate utilities already in place. Currently configured as a 5-bedroom, 2-bath residence, the layout could easily accommodate two separate living spaces with minimal modifications. Features include separate entrances, ample parking, and a large . 83-acre lot offering plenty of outdoor space. New appliances include washer/dryer combo, refrigerator and dishwasher (Jan. 2026). Conveniently located near shopping, dining, schools, and easy access to I-69. Great potential for owner-occupants, investors, or multi-generational living. Listed as Multi-family MLS# 20261033958

Key facts

• 0.83 acre lot
• 2 garage spots
• Built 1939

Property features AI

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two levels; Ground-level entry
• Construction: Aluminum siding and vinyl siding; Asphalt roof
• Exterior features: Paved road access; Pets allowed

Interior

• Kitchen: Dishwasher; Free‑standing gas range; Free‑standing refrigerator
• Bedrooms: Total of 7 rooms (bedroom count not specified)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (natural gas); Has heating; No central cooling
• Interior features: Exhaust/vented fans; Crawl space basement
• Laundry & utility: Washer/dryer stacked; Washer hookup; Gas dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $291 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $148k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.6% vs local median 3.8% in Burton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#555 in MI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Bentley Community School District (suburban): math 10% / reading 27% proficiency, ranked #473 of 540 in MI (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Barhitte Elementary School (math 17% / reading 27%, grade F, #1,035 of 1,397 statewide, top 77%, 312 students, 89% FRL); Bentley Middle School (math 8% / reading 22%, grade F, #453 of 493 statewide, top 93%, 152 students, 91% FRL); Bentley Senior High School (math 5% / reading 34%, grade F, #611 of 713 statewide, top 87%, 257 students, 79% FRL) — zoned schools average 86% FRL vs 60% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 84 active listings in the ZIP; 419 units permitted in Genesee County in 2024 (68 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Genesee County population projected at -27% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1939 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $147,749 (1.5% below list)

Questions for the listing agent

1. Built in 1939 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.18% ✓
• Cap rate: 8.62%
• Cash-on-cash: 8.31%
• DSCR: 1.37
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $173,814
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1029 Adams Rd	0.53mi	4/1.0 (-1)	1,400 (-5%)	2mo	$145,000	$104	56
6449 Lapeer Rd	0.63mi	4/2.0 (-1)	1,403 (-5%)	5mo	$135,000	$96	54
5368 Lapeer Rd	0.52mi	4/2.0 (-1)	1,529 (+4%)	18mo	$180,000	$118	49
2304 Pine Grv	0.72mi	4/2.0 (-1)	1,642 (+12%)	13mo	$243,000	$148	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.6%
• Equity multiple: 0.86×
• Total profit: $-5,711
• Equity at exit: $22,365

10-year hold

• IRR: 6.1%
• Equity multiple: 1.46×
• Total profit: $19,169
• Equity at exit: $12,969

Cash invested: $42,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Michigan: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

Methodology + full state rankings →

ZIP-level market 48509

• Active inventory: 84
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,772 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$260 /mo · $3,115/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$372
• Net cashflow: $291

Break-even live

Break-even rent $1,403

Max offer price $149,999

Occupancy floor 79%

Sensitivity live

Price	-10% $376	-5% $333	+0% $291	+5% $248	+10% $206
Rent	-10% $151	-5% $221	+0% $291	+5% $361	+10% $431
Rate	-1.0pp $366	-0.5pp $329	base $291	+0.5pp $252	+1.0pp $212

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 35 events

1. 2026-06-07
   statusdays on market $149,999 Pending 15 DOM
2. 2026-06-02
   days on market $149,999 Active Under Contract 13 DOM
3. 2026-06-01
   days on market $149,999 Active Under Contract 12 DOM
4. 2026-05-31
   days on market $149,999 Active Under Contract 11 DOM
5. 2026-05-30
   days on market $149,999 Active Under Contract 10 DOM
6. 2026-05-21
   listed $149,999 Active 731-char remark

   Show marketing remark (731 chars)

   Versatile opportunity on nearly an acre in Burton! This 1,473 sq. ft. property offers flexibility as a spacious single-family home or potential duplex, with separate utilities already in place. Currently configured as a 5-bedroom, 2-bath residence, the layout could easily accommodate two separate living spaces with minimal modifications. Features include separate entrances, ample parking, and a large . 83-acre lot offering plenty of outdoor space. New appliances include washer/dryer combo, refrigerator and dishwasher (Jan. 2026). Conveniently located near shopping, dining, schools, and easy access to I-69. Great potential for owner-occupants, investors, or multi-generational living. Listed as Multi-family MLS# 20261033958

7. 2026-05-21
   listed $149,999 Active

   Show marketing remark (731 chars)

   Versatile opportunity on nearly an acre in Burton! This 1,473 sq. ft. property offers flexibility as a spacious single-family home or potential duplex, with separate utilities already in place. Currently configured as a 5-bedroom, 2-bath residence, the layout could easily accommodate two separate living spaces with minimal modifications. Features include separate entrances, ample parking, and a large . 83-acre lot offering plenty of outdoor space. New appliances include washer/dryer combo, refrigerator and dishwasher (Jan. 2026). Conveniently located near shopping, dining, schools, and easy access to I-69. Great potential for owner-occupants, investors, or multi-generational living. Listed as Multi-family MLS# 20261033958

8. 2026-05-19
   historical $149,999 731-char remark

   Show marketing remark (731 chars)

   Versatile opportunity on nearly an acre in Burton! This 1,473 sq. ft. property offers flexibility as a spacious single-family home or potential duplex, with separate utilities already in place. Currently configured as a 5-bedroom, 2-bath residence, the layout could easily accommodate two separate living spaces with minimal modifications. Features include separate entrances, ample parking, and a large . 83-acre lot offering plenty of outdoor space. New appliances include washer/dryer combo, refrigerator and dishwasher (Jan. 2026). Conveniently located near shopping, dining, schools, and easy access to I-69. Great potential for owner-occupants, investors, or multi-generational living. Listed as Multi-family MLS# 20261033958

9. 2026-01-24
   soldstatus $150,000
10. 2026-01-22
    soldstatus $150,000 Closed 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

11. 2026-01-22
    soldstatus $150,000 Closed

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

12. 2025-12-28
    status Pending 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

13. 2025-12-28
    status Pending

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

14. 2025-12-28
    status Pending

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

15. 2025-12-28
    status Pending

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

16. 2025-12-28
    historical

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

17. 2025-12-28
    historical

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

18. 2025-11-23
    price $150,000 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

19. 2025-11-23
    price $150,000

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

20. 2025-11-22
    price $150,000
21. 2025-11-22
    price $150,000
22. 2025-11-20
    status Active

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

23. 2025-11-20
    status Active 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

24. 2025-11-20
    status Active

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

25. 2025-11-20
    status Active

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

26. 2025-11-16
    historical Accepting Backup Offers 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

27. 2025-11-16
    historical Accepting Backup Offers

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

28. 2025-11-16
    historical Active Under Contract

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

29. 2025-11-16
    historical Active Under Contract

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

30. 2025-10-30
    listed $165,000 Active 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

31. 2025-10-30
    listed $165,000 Active

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

32. 2025-10-30
    listed $165,000 Active

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

33. 2025-10-30
    listed $165,000 Active

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

34. 2025-10-30
    historical

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

35. 2025-10-27
    historical $165,000 1155-char remark

    Show marketing remark (1155 chars)

    Single-Family or Duplex Opportunity on Nearly an Acre – 6116 Lapeer Rd, Burton, MI Highlights: • 1,473 sq. ft. of flexible space • Single-family or duplex potential • 5 bedrooms / 2 baths total • Already separately metered • . 83-acre lot with tons of outdoor space • Convenient Burton location Looking for a great investment or a flexible home setup? This property has it! Sitting on . 83 acres, this 1, 473 sq. ft. home can be a spacious single-family home or easily turned into a duplex - it's already separately metered! Currently used as a 5-bedroom, 2-bath home, it could easily be converted into a true duplex with minimal effort - just add a small kitchenette and easily close in a doorway to create two fully independent 2-bedroom units. Enjoy the convenience of separate entrances and ample parking, this home offers a great blend of space and accessibility - just minutes from shopping, restaurants, schools, and I-69. Schedule your showing today and explore all the possibilities this unique property has to offer!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast MI · Partial reset (capped growth)

• Current annual tax: $3,115 · $260/mo
• Projected year-2 tax: $3,115 · $260/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥96°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,259
• − Mortgage interest: −$8,402
• − Property taxes: −$3,115
• − Insurance: −$750
• − Repairs & maintenance: −$1,701
• − Management: −$1,701
• − Depreciation: −$4,364
• Taxable income: $1,227
• Est. tax owed @ 24.0%: −$294
• After-tax cash flow: $3,196/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Bentley Community School District
• NCES district ID: 2604800
• Math proficiency: 10% ▼ -7.00%
• Reading proficiency: 27% ▼ -7.00%
• Median HH income: $48,977
• Composite: 16.51/100
• National rank: #9183
• State rank: #473 of 540 in MI

Livability — Burton

• Score: 61/100
• State rank: #555
• US rank: #17380

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burton, MI
• City population: 26,014
• Population (ZIP): 9,532

Population outlook (Genesee County) Hauer SSP2

• Today (2025): 381,312 people
• By 2030: 362,731 · -4.9%
• By 2040: 321,550 · -15.7%
• By 2050: 279,212 · -26.8%
• By 2075: 193,336 · -49.3%
• By 2100: 128,118 · -66.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Two or more races 10% Black 7% Hispanic / Latino 4%
• Common ancestry: Romanian 5% Lithuanian 3% Iranian 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Genesee

• 2024 margin: Toss-up / Even · D 51.4% · R 47.2% · Other 1.4%
• 2008→2024 swing: -28.3pp toward R · 2008: 32.5pp · 2024: 4.2pp
• All cycles: 2024: D+4.2 2020: D+9.3 2016: D+9.5 2012: D+28.2 2008: D+32.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -148.63%
• Current HPI: 210.1588
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.37%
• F500 in state: 28

Industry mix (Fortune 500 HQ in MI)

Industry	F500 HQs	Revenue
▸Automotive Parts	3	$48B
▸Automotive	2	$372B
▸Chemicals	1	$45B
▸Automotive Retail	1	$29B
▸Healthcare / Medical Devices	1	$23B
▸Automotive Technology	1	$20B

Price history

-9.1% since first listed

30 events — show timeline

• 2026-05-21 Listed $149,999 MiRealSource-MiMLS
• 2026-05-21 Listed $149,999 REALCOMP
• 2026-05-19 Coming Soon $149,999 MiRealSource-MiMLS
• 2026-01-24 Sold (Public Records) $150,000 Public Records
• 2026-01-22 Sold (MLS) $150,000 REALCOMP
• 2026-01-22 Sold (MLS) $150,000 MiRealSource-MiMLS
• 2025-12-28 Pending — MiRealSource-MiMLS
• 2025-12-28 Pending — MiRealSource-MiMLS
• 2025-12-28 Pending — REALCOMP
• 2025-12-28 Pending — REALCOMP
• 2025-12-28 Listing Removed — REALCOMP
• 2025-12-28 Listing Removed — MiRealSource-MiMLS
• 2025-11-23 Price Changed $150,000 MiRealSource-MiMLS
• 2025-11-23 Price Changed $150,000 MiRealSource-MiMLS
• 2025-11-22 Price Changed $150,000 REALCOMP
• 2025-11-22 Price Changed $150,000 REALCOMP
• 2025-11-20 Relisted — MiRealSource-MiMLS
• 2025-11-20 Relisted — MiRealSource-MiMLS
• 2025-11-20 Relisted — REALCOMP
• 2025-11-20 Relisted — REALCOMP
• 2025-11-16 Contingent — MiRealSource-MiMLS
• 2025-11-16 Contingent — MiRealSource-MiMLS
• 2025-11-16 Contingent — REALCOMP
• 2025-11-16 Contingent — REALCOMP
• 2025-10-30 Listed $165,000 MiRealSource-MiMLS
• 2025-10-30 Listed $165,000 MiRealSource-MiMLS
• 2025-10-30 Listed $165,000 REALCOMP
• 2025-10-30 Listed $165,000 REALCOMP
• 2025-10-30 Coming Soon — MiRealSource-MiMLS
• 2025-10-27 Coming Soon $165,000 MiRealSource-MiMLS

Property tax history

+3.6%/yr

Latest (2025): $3,115 · +2.6% YoY. Source: county tax records.