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Multifamily Property with Commercial Space
New
For Sale
$174,900

1202/1204 Lapeer Avenue, Port Huron, MI 48060

Three tenant-occupied residences accompany a vacant area with residential or commercial reuse potential.

Property SizeContact for details
Days on Market5

Property Features for 1202/1204 Lapeer Avenue

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 3
Listing Agency: RE/MAX Noire
Listed By: Jessica Belanger Marine
Source: Blueowlprop
Added: Sep 7 Changed: Sep 9 Last Checked: Sep 10 at 9:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Noire

Investment Insights

Based on property information with market context.

This multifamily property includes 3 residential units, each occupied by a long-term tenant, along with a separate vacant unit formerly used as an eyeglass factory. The additional space can be renovated for residential use or returned to commercial service, creating a flexible configuration for an owner-occupant or rental operator. The property also has a valid rental certificate on file through 2027, and the lower unit is Section 8 approved.

Located at 1202/1204 Lapeer Avenue in Port Huron, the property sits immediately adjacent to Kind Park and is minutes from downtown Port Huron. The existing residential occupancy, documented rental certification, and additional adaptable space provide a defined operating setup with room for a future change in use.

Key Highlights

  • 3 residential units with long‑term tenants
  • Vacant former eyeglass factory space can be renovated for residential or commercial use
  • Valid rental certificate on file through 2027

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Locksmith

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

743
Businesses Nearby

Demographics for 48060, MI

39,775
Population
18,066
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
89%
High-School Grad
20.7 sq mi
ZIP Area
1,921
Density / Sq Mi
$51,342
Median Household Income
$32,017
Median Earnings
$1,005
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three tenant-occupied residences accompany a vacant area with residential or commercial reuse potential.
Where is this multifamily property located?
The property is located at 1202/1204 Lapeer Avenue Port Huron, MI.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 3 residential units with long‑term tenants; Vacant former eyeglass factory space can be renovated for residential or commercial use; Valid rental certificate on file through 2027
More about this property
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