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Six-Unit Apartment Building
For Sale
$249,000

4594 3rd St, Ecorse, MI 48229

Fully occupied apartment property with a 2023 roof and comprehensive updates completed across all units.

Property Size2,718 SF
Price / SF$91.61
Days on Market690

Property Features for 4594 3rd St

General Information

Standard status Active
Size 2,718 SF
Class B
Property subtype Multifamily
Zoning SFR
Occupancy 100%

Additional Details

Multifamily Units 6

Building Details

Building Size 2,718 SF
Year Built 1943
Year Renovated 2023
Buildings 1
Stories 2
Listing Agency: Thomas A. Duke Company
Listed By: Andrew Goble
Source: Cpix.resimplifi
Added: Oct 14, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:38AM

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 Thomas A. Duke Company

Investment Insights

Based on property information with market context.

This six-unit apartment property contains 2,718 square feet and was built in 1943. All units underwent major renovations in 2023, providing updated interiors throughout the building, and the roof was replaced during the same year. The property is fully occupied and carries SFR zoning.

The building is positioned on the west side of 3rd Street, north of Suburban Street and south of Southfield Road, in Ecorse, Michigan. Unit-level rent and operating information is available through the broker.

Key Highlights

  • Six‑unit apartment building with 2,718 square feet
  • Fully occupied property
  • Major renovations completed in all units in 2023

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Gym & Fitness Center Daycare Center Accounting Firm

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby

Demographics for 48229, MI

9,258
Population
4,156
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
2.8 sq mi
ZIP Area
3,306
Density / Sq Mi
$45,148
Median Household Income
$33,815
Median Earnings
$879
Median Rent
$59,300
Median Home Value

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?
Apartment building - Fully occupied apartment property with a 2023 roof and comprehensive updates completed across all units.
Where is this apartment building located?
The property is located at 4594 3rd St Ecorse, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Six‑unit apartment building with 2,718 square feet; Fully occupied property; Major renovations completed in all units in 2023
More about this property
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