905 Delta Ave · Gladstone, MI 48983-7

$209,995

6 bd · 7.0 ba · 3,694 sqft · MultiFamily · 108 Days on market

Built 1900 Average condition 3,484 sqft lot $57/sqft · 44% above area Est $146k · 44% over ↓ 2% 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 +26.9/30.0
• DSCR +9.3/10.0
• 1% rule +7.3/10.0
• Appreciation +5.0/10.0
• Livability +4.0/5.0
• Schools +3.3/10.0
• Condition / age +2.8/5.0
• Rent growth +2.5/5.0
• ARV discount +0.0/15.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

Key facts

• Steady income
• Bright natural light
• 3,484 sq ft lot

Tags

• MULTI-FAMILY INVESTMENT
• BONUS COMMERCIAL SPACE
• BRIGHT NATURAL LIGHT
• RENOVATION OPPORTUNITY
• LONG-ESTABLISHED BARBERSHOP
• STEADY INCOME

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/?-bath units multifamily listed at $210k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $583 ($7k/yr) — positive. Per door: $292/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $210k).
• Recommended offer: $191k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.6% vs local median 3.0% in Gladstone — 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 79/100 on livability (#96 in MI, #2,206 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Gladstone Area Schools (town): math 32% / reading 45% proficiency, ranked #226 of 540 in MI (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 38 units permitted in Delta County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($1k loan paydown + $6k appreciation (3.0% local appreciation)).
• Delta County population projected at -22% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $59k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $15k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $191,095 (9.0% below list)

Questions for the listing agent

1. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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.
8. 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.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.23% ✓
• Cap rate: 9.62%
• Cash-on-cash: 11.90%
• DSCR: 1.53
• GRM: 6.8

CMA / ARV

• ARV (median comp): $145,860
• List price: $209,995
• Delta: 43.97%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 18.7%
• Equity multiple: 2.06×
• Total profit: $62,469
• Equity at exit: $94,423

10-year hold

• IRR: 20.0%
• Equity multiple: 3.90×
• Total profit: $170,429
• Equity at exit: $145,517

Cash invested: $58,799 (down + closing). Projections, not guarantees.

Monthly cashflow live

• Estimated rent: $2,575 medium
• Mortgage (P&I): −$1,101
• Tax est. 1.5%: −$262 /mo · $3,150/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$541
• Net cashflow: $583

Break-even live

Break-even rent $1,837

Max offer price $209,995

Occupancy floor 72%

Sensitivity live

Price	-10% $728	-5% $656	+0% $583	+5% $510	+10% $438
Rent	-10% $380	-5% $481	+0% $583	+5% $685	+10% $786
Rate	-1.0pp $689	-0.5pp $636	base $583	+0.5pp $529	+1.0pp $473

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	—	$2,576
Total (2 units)			$2,575

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: $52,499
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-21
   statusdays on market $209,995 Keep Showing-Contgcy Appl 108 DOM
2. 2026-06-18
   days on market $209,995 Active 106 DOM
3. 2026-06-17
   days on market $209,995 Active 105 DOM
4. 2026-06-16
   days on market $209,995 Active 104 DOM
5. 2026-06-15
   days on market $209,995 Active 103 DOM
6. 2026-06-13
   days on market $209,995 Active 101 DOM
7. 2026-06-12
   days on market $209,995 Active 100 DOM
8. 2026-06-09
   days on market $209,995 Active 97 DOM
9. 2026-06-08
   days on market $209,995 Active 96 DOM
10. 2026-06-07
    days on market $209,995 Active 95 DOM
11. 2026-06-07
    days on market $209,995 Active 94 DOM
12. 2026-06-04
    days on market $209,995 Active 91 DOM
13. 2026-06-02
    days on market $209,995 Active 90 DOM
14. 2026-06-01
    days on market $209,995 Active 89 DOM
15. 2026-05-31
    days on market $209,995 Active 88 DOM
16. 2026-05-31
    days on market $209,995 Active 87 DOM
17. 2026-03-30
    price $219,995 2780-char remark

    Show marketing remark (2780 chars)

    Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

18. 2026-03-30
    status Active 2780-char remark

    Show marketing remark (2780 chars)

    Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

19. 2026-03-30
    price $219,995 2780-char remark

    Show marketing remark (2780 chars)

    Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

20. 2025-12-10
    historical 2780-char remark

    Show marketing remark (2780 chars)

    Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

21. 2025-11-14
    listed $224,995 Active 2780-char remark

    Show marketing remark (2780 chars)

    Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

22. 2025-11-14
    listed $224,995 Active 2780-char remark

    Show marketing remark (2780 chars)

    Charming Downtown Gladstone Multi-Family Investment with Bonus Commercial Space! Here’s a rare opportunity to own a beautifully maintained multi-family property right in the heart of downtown Gladstone—one of the Upper Peninsula’s most charming and steadily growing small-town communities. Ideally located just steps from shops, restaurants, and the Gladstone Farmers Market, this versatile two-story building combines strong rental potential with bonus commercial and office space below, making it a smart option for investors or owner-occupants alike. The upper level features three apartments, each filled with bright natural light and plenty of character. Two units are move-in ready and have been thoughtfully maintained, offering reliable income from day one. The third apartment presents an excellent renovation opportunity, giving the next owner a chance to boost returns and add long-term value. Together, these units provide flexible rental options in a highly desirable walkable location with consistent tenant demand. On the main level, the property includes a long-established barbershop that has been a trusted downtown business for years. This space provides steady income and excellent street visibility but could also be converted into another residential unit, retail storefront, or office depending on your goals and zoning. Additional office and storage areas on the main floor add even more functionality for business use, management operations, or tenant needs. A full basement offers easy utility access and plenty of storage space, while the two-car garage adds extra convenience for tenants or owners. The property has been well cared for throughout, reflecting clear pride of ownership and strong long-term potential. With its excellent downtown location, stable rental history, and the continued revitalization of the surrounding business district, this property offers immediate cash flow and room to grow—ideal for anyone looking to establish a strong investment presence in Gladstone. Property Highlights: • Three upstairs apartments (two move-in ready, one ideal for renovation) • Main-level barbershop with strong visibility and long-term tenant history • Additional office and storage areas on the main floor • Two-car garage • Full basement for utilities and extra storage • Premier downtown location near shops, restaurants, and the Farmers Market • Excellent live-and-rent or investment opportunity Current Rental Structure: • Apartment 1: $550/month, no lease, no security deposit • Apartment 2: $550/month, $450 security deposit, active lease • Apartment 3: $400/month, no lease, no security deposit • Commercial Space: $750/month, no lease, no security deposit

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

Taxation est. · year 1

• Rental income: $30,900
• − Mortgage interest: −$11,763
• − Property taxes: −$3,150
• − Insurance: −$1,050
• − Repairs & maintenance: −$2,472
• − Management: −$2,472
• − Depreciation: −$6,109
• Taxable income: $3,884
• Est. tax owed @ 24.0%: −$932
• After-tax cash flow: $6,064/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.

Condition & rehab AI · 13 photos

Average 55/100 Moderate rehab

This multi-family property in Gladstone, MI, offers a solid investment opportunity with moderate updates needed to enhance its resale and rental value.

Repairs flagged

• Moderate Exterior siding — Weathered and in need of repainting.
• Moderate Interior walls/paint — Paint appears worn and could benefit from fresh coats.
• Moderate Landscaping — Basic and not well-maintained, could be improved with landscaping upgrades.
• Minor Appliances — Dated but functional, could be replaced for a fresh look.

Value-add opportunities

• Both Painting and updating interior walls — Fresh paint and updated decor would enhance both resale and rental appeal.
• Both Landscaping improvements — Aesthetic upgrades would attract more potential buyers and renters.
• Both Upgrading appliances — Modern appliances would appeal to both buyers and renters, improving both resale and rental value.
• Both Exterior siding replacement — A fresh, updated exterior would significantly boost curb appeal and market value for both buyers and renters.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior siding · Weathered and in need of repainting.	Moderate	$3,000–15,000
Interior walls/paint · Paint appears worn and could benefit from fresh coats.	Moderate	$3,000–15,000
Landscaping · Basic and not well-maintained, could be improved with landscaping upgrades.	Moderate	$3,000–15,000
Appliances · Dated but functional, could be replaced for a fresh look.	Minor	$500–3,000
Total estimated repair cost · 4 items		$9,500–48,000

Value-add ROI direction

• Both Painting and updating interior walls — Fresh paint and updated decor would enhance both resale and rental appeal. ↑
• Both Landscaping improvements — Aesthetic upgrades would attract more potential buyers and renters. ↑
• Both Upgrading appliances — Modern appliances would appeal to both buyers and renters, improving both resale and rental value. ↑
• Both Exterior siding replacement — A fresh, updated exterior would significantly boost curb appeal and market value for both buyers and renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Gladstone Area Schools
• NCES district ID: 2615970
• Math proficiency: 32% ▼ -2.00%
• Reading proficiency: 45% ▲ 1.00%
• Median HH income: $50,821
• Composite: 33.28/100
• National rank: #5510
• State rank: #226 of 540 in MI

Livability — Gladstone

• Score: 79/100
• State rank: #96
• US rank: #2206

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gladstone, MI

Population outlook (Delta County) Hauer SSP2

• Today (2025): 34,431 people
• By 2030: 33,003 · -4.1%
• By 2040: 29,748 · -13.6%
• By 2050: 26,753 · -22.3%
• By 2075: 20,962 · -39.1%
• By 2100: 15,616 · -54.6%

Not yet ingested

• Political lean: —
• Race & ethnicity: —
• Common origin: —
• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

-2.2% since first listed

6 events — show timeline

• 2026-03-30 Price Changed $219,995 MiRealSource-MiMLS
• 2026-03-30 Relisted — UPAR
• 2026-03-30 Price Changed $219,995 UPAR
• 2025-12-10 Listing Removed — MiRealSource-MiMLS
• 2025-11-14 Listed $224,995 UPAR
• 2025-11-14 Listed $224,995 MiRealSource-MiMLS