3-Unit Multifamily Income
For Sale
$170,000
Pending
12890 Sussex St, Detroit, MI 48227
Three-unit Detroit multifamily with separate gas and electric meters for improved expense management.
Property Size1,722 SF
Days on Market104
Property Features for 12890 Sussex St
General Information
Standard status
Pending
Size
1,722 SF
Property subtype
Investment
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,028
Building Details
Building Size
1,722 SF
Year Built
1928
Units
3
Tenancy
Multi
Listing Agency:
Sine & Monaghan Realros Real Living Llc
(313) 884-7000
Listed By:
Brett Maciag
(313) 884-7000
Source:
Elliman
Added: Apr 28
Changed: Aug 7
Last Checked: Jul 23 at 11:21AM
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 Sine & Monaghan Realros Real Living Llc
Investment Insights
Based on property information with market context.
This 3-unit multifamily property in Detroit offers a main-floor 2-bedroom unit and an upper level split into a 1-bedroom unit and a studio. The 1-bedroom unit is currently Section 8 occupied. The 2-bedroom and studio units are described as rehabbed, and the property is configured to support separate utility billing with separate gas and electric meters.
The surrounding area is described as the Schoolcraft-Southfield neighborhood, with convenient access to major roads, shopping, and neighborhood amenities. Walk score is 40 (car-dependent), bike score is 42 (somewhat bikeable), and transit score is 52 (good transit).
With unit sizes that include two separate upper-level layouts plus a main-floor 2-bedroom, the property provides a straightforward, three-tenant configuration intended for rental income.
The surrounding area is described as the Schoolcraft-Southfield neighborhood, with convenient access to major roads, shopping, and neighborhood amenities. Walk score is 40 (car-dependent), bike score is 42 (somewhat bikeable), and transit score is 52 (good transit).
With unit sizes that include two separate upper-level layouts plus a main-floor 2-bedroom, the property provides a straightforward, three-tenant configuration intended for rental income.
Key Highlights
- 3‑unit Detroit multifamily built in 1928 in the Schoolcraft Southfield neighborhood
- Unit mix: main‑floor 2‑bedroom plus upper level with 1‑bedroom and studio
- Separate gas and electric meters for each unit, helping improve expense management
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
433
Businesses Nearby
Explore this area
Business Placement
Demographics for 48227, MI
40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit Detroit multifamily with separate gas and electric meters for improved expense management.
Where is this triplex located?
The property is located at 12890 Sussex St Detroit, MI.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 3‑unit Detroit multifamily built in 1928 in the Schoolcraft Southfield neighborhood; Unit mix: main‑floor 2‑bedroom plus upper level with 1‑bedroom and studio; Separate gas and electric meters for each unit, helping improve expense management
