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Updated Three-Unit Apartment Building
For Sale
Under Contract
$219,900

810 W First Street, Gladwin, MI 48624

MULTIFAMILY, 2 Story, Gladwin, MI

Property Size2,928 SF
Lot Size0.40 Acres
Price / SF$75.10
Days on Market48

Property Features for 810 W First Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Parking features Garage
Patio and Porch features Porch
Exterior features Porch, Sidewalks, Street Lights
Appliances Range/Oven, Refrigerator
Subdivision Gladwin City Foster's Add'n
Lot features Corner Lot, Walk to School, Large Lot - 65+ Ft., Cleared, Sidewalks
Elementary school district Gladwin Community Schools
Middle school district Gladwin Community Schools
High school district Gladwin Community Schools
Standard status Active Under Contract
APN 170-070-025-005-00
Size 2,928 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1965
Floors in Building 2
Number of units 3
Architectural style Other
Listing Agency: LADY OF THE LAKES NORTH
Listed By: Jenna Ochab · License #CGBOR
Added: Jul 31 Changed: Sep 14 Last Checked: Sep 16 at 1:06AM
MLS# 50216915

Copyright © 2026 Clare Gladwin Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-story triplex contains 2,928 square feet with three separately accessed apartments. Each unit includes two bedrooms, one full bathroom, a range, refrigerator, individual electric service, and washer and dryer hookups. Flooring has been replaced throughout the units, and additional updates have been completed. Two units include garage space for storage.

The property occupies a 0.4-acre double lot at 810 W First Street in Gladwin, Michigan. Gladwin Elementary, Intermediate, and High School are within walking distance. Exterior features include a porch, sidewalks, and street lighting, while public water serves the building. Constructed in 1965, the property also includes outdoor space supporting the three-unit configuration.

Key Highlights

  • Three‑unit apartment building with 2,928 square feet
  • Each unit has 2 bedrooms and 1 full bathroom
  • Separate entrances, electric service, and washer/dryer hookups for each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Spa & Massage Center HVAC Service Plumbing Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby

Demographics for 48624, MI

15,739
Population
11,073
Households
1.4
Avg Household Size
51
Median Age
15%
College-Educated
88%
High-School Grad
341.2 sq mi
ZIP Area
46
Density / Sq Mi
$55,415
Median Household Income
$35,481
Median Earnings
$689
Median Rent
$154,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately entered units offer two-bedroom layouts with individual electric and laundry hookups.
Where is this triplex located?
The property is located at 810 W First Street Gladwin, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Three‑unit apartment building with 2,928 square feet; Each unit has 2 bedrooms and 1 full bathroom; Separate entrances, electric service, and washer/dryer hookups for each unit
More about this property
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