Building Details

Tenancy Multi

Listing Agency: Brookstone

Listed By: Lauren Mannor · License #6501429335

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:35AM

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Investment Insights

Based on property information with market context.

This duplex includes two rental units, both currently rented. Property improvements include a new furnace and water heater, providing recent updates to core building systems.

The property is located at 109 S Saginaw St in Lapeer, Michigan, within ZIP Code 48446.

Key Highlights

• Two‑unit duplex with both units currently rented
• New furnace
• New water heater

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Storage Facility Parking Lot & Garage HVAC Service

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

2

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

699

Businesses Nearby

Explore this area Business Placement

Demographics for 48446, MI

30,788

Population

12,797

Households

2.4

Avg Household Size

45

Median Age

20%

College-Educated

93%

High-School Grad

121.9 sq mi

ZIP Area

253

Density / Sq Mi

$66,382

Median Household Income

$40,263

Median Earnings

$976

Median Rent

$206,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Both units are currently rented, with a new furnace and water heater included among the property improvements.

Where is this duplex located?

The property is located at 109 S Saginaw St Lapeer, MI.

What are key features of this property?

This property features: Two‑unit duplex with both units currently rented; New furnace; New water heater