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Three-Unit Multifamily Property
For Sale
$134,750

1490 Wells, Burton, MI 48529

All apartments are leased and feature forced-air heating.

Property SizeContact for details
Days on Market328

Property Features for 1490 Wells

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 2BR, 2 x 1BR
Multifamily Units 3

Amenities

Forced Air

Building Details

Year Built 1949
Listing Agency: Keller Williams First
Listed By: Bradley LaBrie · License #6501
Source: Kw
Added: Sep 27, 2025 Changed: Aug 19 Last Checked: Aug 18 at 10:23PM

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 Keller Williams First

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes one two-bedroom apartment and two one-bedroom apartments. Each unit is currently rented, and the building has forced-air heating. Constructed in 1949, the property is located at 1490 Wells in Burton, Michigan 48529.

Key Highlights

  • Three‑unit multifamily property
  • Unit mix includes one 2‑bedroom and two 1‑bedroom apartments
  • All three apartments are currently rented

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Skin Care Clinic

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

Demographics for 48529, MI

9,560
Population
4,430
Households
2.2
Avg Household Size
37
Median Age
8%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
1,992
Density / Sq Mi
$38,021
Median Household Income
$24,189
Median Earnings
$1,003
Median Rent
$74,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - All apartments are leased and feature forced-air heating.
Where is this triplex located?
The property is located at 1490 Wells Burton, MI.
What is the asking price?
The asking price for this property is $134,750.
What are key features of this property?
This property features: Three‑unit multifamily property; Unit mix includes one 2‑bedroom and two 1‑bedroom apartments; All three apartments are currently rented
More about this property
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