Three-Unit Triplex Requiring
For Sale
$35,000
201 E Chestnut Street, Albion, MI 49224
Individually configured units feature separate entrances within a downtown-area property.
Property SizeContact for details
Days on Market501
Property Features for 201 E Chestnut Street
General Information
Standard status
Active
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$1,551
Building Details
Year Built
1890
Listing Agency:
Berkshire Hathaway HomeServices MI
(269) 993-1806
Listed By:
Andrew T Mellen
(269) 993-1806
Source:
Exitrealty
Added: Apr 17, 2025
Changed: Aug 29
Last Checked: Aug 30 at 1:14PM
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 Berkshire Hathaway HomeServices MI
Investment Insights
Based on property information with market context.
Built in 1890, this triplex contains three residential units within approximately 1,746 square feet. The units have distinct layouts and their own entrances, providing separate access to each residence. The property requires full rehabilitation and is being offered in its existing condition.
The home occupies a large lot near downtown Albion. Its three-unit configuration, original construction date, and renovation needs make the property best suited to an owner or investor prepared to complete substantial improvements.
The home occupies a large lot near downtown Albion. Its three-unit configuration, original construction date, and renovation needs make the property best suited to an owner or investor prepared to complete substantial improvements.
Key Highlights
- Three‑unit residential property
- Approximately 1,746 square feet
- Separate entrance for each unit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 49224, MI
13,199
Population
5,277
Households
2.5
Avg Household Size
36
Median Age
19%
College-Educated
88%
High-School Grad
99.9 sq mi
ZIP Area
132
Density / Sq Mi
$52,552
Median Household Income
$28,136
Median Earnings
$846
Median Rent
$119,800
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 - Individually configured units feature separate entrances within a downtown-area property.
Where is this triplex located?
The property is located at 201 E Chestnut Street Albion, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Three‑unit residential property; Approximately 1,746 square feet; Separate entrance for each unit
