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Property Description
Investor Special - Full Rehab Opportunity on a Wooded Acre in Wheeler. This severely distressed fixer-upper is a true diamond in the rough, perfect for seasoned investors, flippers, or ambitious renovators ready to roll up their sleeves and bring a vision to life. Set on a full acre of land in the Village of Wheeler, this property offers peaceful privacy with mature trees, vibrant ferns, and natural charm, all while being conveniently located with city water, city sewer, Breckenridge schools, and easy access to M-46-just 33 minutes to Saginaw and 26 minutes to Midland. Inside, the home features 2 bedrooms, 1 bathroom, a large kitchen, formal dining room, and a spacious living room with big windows and great natural light. But let's be real-this house needs to be remodeled in every way pos sible. The interior requires a full-scale renovation, from walls to ceilings, flooring to fixtures. Much of the demo work has already begun, revealing original trim, open layout, and potential to reimagine the space from the ground up. Nearly every surface needs repair or replacement. That said, the bones are strong, and recent upgrades include a brand-new electrical service and panel box. Mechanical systemsincluding the furnace, water heater, and pressure tankare present, though their working condition may need to be evaluated. Additional features include: Large front deck ready to be restored, Two large storage rooms, Located in a quiet, tree-lined neighborhood. Will not qualify for traditional financingcash buyers or rehabilitation loans only. Whether you're looking to flip, restore, or start fresh, this property offers rare potential at a compelling price. This is not a cosmetic fixerit's a full-scale rehab, but the upside is huge for the right buyer.
Full Property Details
Full Property Details for 8059 N Wheeler Rd
General
- Sold For: $25,000
- Taxes: $435
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25022284
- Added to Site: 246 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Location
- Area: Central Michigan - C
- County: Gratiot
- Cross Streets: E Monroe
- Driving Directions: From Corner of M-46 7 Wheeler Rod: N on Wheeler to subject on W side of road
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Wood Siding
- Basement: Yes
- Roof: None, Shingle
- Stories/Levels: 1
- Square Feet: 964
- Living Area: 964 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Frontage: Paved
- Lot Features: Level, Wooded
- Zoning: residential
Financial Considerations
- Tax Amount: $435
- Terms: Cash, FHA, Conventional
Disclosures and Reports
- Legal Description: WD L 416 P 635 & QCD L 560 P 728 COM 16 RDS N OF 1/4 POST ON S SIDE OF SEC, TH W 20 RDS, N 8 RDS, E 20 RDS, S 8 RDS TO BEG, SEC 21-12-1. 1 A. . COMB 021-074-20 & 075-00 TO 021-076-00 FOR 1999.
- Property ID: 16-021-076-00
Listed and Sold by NextHome Legacy Real Estate, Jim Vanas
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Schools
Schools serving 8059 N Wheeler Rd
School District:Breckenridge Community Schools
| Name | Grades | Distance |
|---|---|---|
Breckenridge Elementary School 515 East Summit Street, Breckenridge, MI 48615 | PK-5 | 1.7 mi |
Breckenridge High School 700 Wright Street, Breckenridge, MI 48615 | 6-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8059 N Wheeler Rd
Date
Details
Price
Change
Source
9/10/2025
Sold
$25,000
-16.67%
MLS
7/17/2025
Price Reduced
$30,000
-14.29%
MLS
6/13/2025
Price Reduced
$35,000
-12.5%
MLS
5/29/2025
Price Reduced
$40,000
-11.11%
MLS
5/15/2025
Listed
$45,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8059 N Wheeler Road, Wheeler, MI 48662 (MLS# 25022284) is a Single Family property that was sold at $25,000 on September 10, 2025. Want to learn more about 8059 N Wheeler Road? Do you have questions about finding other Single Family real estate for sale in Wheeler? You can browse all Wheeler real estate or contact a Coldwell Banker agent to request more information.
