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Three-Unit Multifamily Property
New
For Sale
$325,000

105 Wexford Ave, Belleville, MI 48111

Multifamily property with separate entrances, flexible occupancy options, and a private garage for the front residence.

Property SizeContact for details
Days on Market2

Property Features for 105 Wexford Ave

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,714

Building Details

Year Built 1943
Units 3
Listed By: James Mangan
Source: Elliman
Added: Sep 10 Last Checked: Sep 10 at 3:07PM

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 James Mangan

Investment Insights

Based on property information with market context.

Built in 1943, this three-unit multifamily property includes distinct entrances for each residence. The front unit includes a one-car garage and can serve as an owner’s residence, while the middle unit is studio-sized and occupied by a month-to-month tenant. The rear and front units are currently operated as Airbnb offerings.

Utility responsibilities are divided among the units: residents pay their own electric and natural gas, while the front unit covers water service for the property. The property is located in Belleville, steps from Belleville Lake and within walking distance of downtown Belleville. The location also has a Walk Score of 66 and a Bike Score of 46.

Key Highlights

  • Three‑unit multifamily property built in 1943
  • Separate entrance for each unit
  • Front unit includes a one‑car garage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby

Demographics for 48111, MI

44,055
Population
19,406
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
92%
High-School Grad
66.9 sq mi
ZIP Area
659
Density / Sq Mi
$74,125
Median Household Income
$42,194
Median Earnings
$1,162
Median Rent
$239,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Multifamily property with separate entrances, flexible occupancy options, and a private garage for the front residence.
Where is this triplex located?
The property is located at 105 Wexford Ave Belleville, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1943; Separate entrance for each unit; Front unit includes a one‑car garage
More about this property
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