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    415 W State St Corunna, MI 48817

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    For Sale
    $159,900

    Income-producing triplex with $22,620 annual rental income.

    Type:Investment
    Lot size:
    0.32 Acres
    Added:
    Apr 26, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 26 at 12:57 am

    Property Features for 415 W State St

    General Information

    Standard status
    Active
    Lot size
    0.32 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1910

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    Listing Contact
    Abdul Abro
    Abdul Abro

    Listing agent Abdul Abro

    Listing office

    Listing date Apr 26, 2026

    Source Elliman

    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 Abdul Abro


    Overview

    Turnkey Triplex in Corunna, Michigan

    This is a turnkey income-producing triplex located in Corunna, Michigan, generating $22,620 in annual rental income. All three units are currently leased. Constructed in 1910, the well-maintained property features a unit mix of a 3-bedroom unit (1,100 sq ft, $685/mo), a 2-bedroom unit (920 sq ft, $775/mo), and a studio unit (250 sq ft, $425/mo). The property is situated on a 0.32-acre lot (102x145). The building includes an unfinished basement, natural gas forced air heating with separate meters, deck and porch, public water and sewer, and assigned parking. The roof is asphalt. The net operating income is $16,979, delivering a cap rate of approximately 10.6%.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corunna
    County
    Shiawassee
    State
    Michigan
    Longitude
    -84.122211
    Latitude
    42.979811

    FAQs

    What type of property is this?
    Triplex - Income-producing triplex with $22,620 annual rental income.
    Where is this triplex located?
    The property is located at 415 W State St Corunna, MI.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: Turnkey triplex generating $22,620 annual rental income with all units currently leased.; Approximately 10.6% cap rate and $16,979 net operating income.; Diverse unit mix (3‑bedroom, 2‑bedroom, and studio) for broad tenant appeal.
    More about this property
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