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Multi-Family Investment Opportunity Near U of M
For Sale
$59,000

1511 Tacoma, Flint, MI 48503

Two-unit property near U of M, ideal for investors.

Property Size1,001 SF
Price / SF$58.94
Days on Market312

Property Features for 1511 Tacoma

General Information

Standard status Active
Size 1,001 SF
Property subtype Multi-Family

Building Details

Year Built 1929
Listing Agency: Inca Realty, LLC
Listed By: Lina Aboughanem · License #386172
Source: Premiermichiganhomesearch
Added: Nov 28, 2025 Changed: Sep 12 Last Checked: Oct 5 at 8:17PM

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 Inca Realty, LLC

Investment Insights

Based on property information with market context.

This two-unit multi-family property presents an investment opportunity suitable for investors or owner-occupants. The property includes a one-bedroom, one-bath unit on the first floor and a two-bedroom, one-bath unit upstairs. The upper unit features updated finishes and is move-in ready. The first-floor unit requires light updates, such as new carpet in the bedroom and cleaning in the basement, before leasing. The property is conveniently located near schools, parks, and the University of Michigan, offering the potential for steady cash flow.

Key Highlights

  • Two separate units offer income potential for investors or owner occupants.
  • Updated 2‑bedroom upper unit is move‑in ready.
  • First floor unit requires only light updates for immediate leasing.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Furniture & Home Goods Pharmacy (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby

Demographics for 48503, MI

21,743
Population
11,823
Households
1.8
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
8.5 sq mi
ZIP Area
2,558
Density / Sq Mi
$40,155
Median Household Income
$29,689
Median Earnings
$842
Median Rent
$75,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-unit property near U of M, ideal for investors.
Where is this duplex located?
The property is located at 1511 Tacoma Flint, MI.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Two separate units offer income potential for investors or owner occupants.; Updated 2‑bedroom upper unit is move‑in ready.; First floor unit requires only light updates for immediate leasing.
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