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3-Unit Triplex with Corner Lot

154 Market, Marine City, MI 48039

For Sale
New
$259,900

Multifamily, 2 Story, Marine City, MI

Property Size1,536 SF
Lot Size0.19 Acres
Price / SF$169.21
Days on Market4

Property Features for 154 Market

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Basement, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Pets allowed Yes
Elementary school district East China
Middle school district East China
High school district East China
Directions On the west side of S Market Street, south of Broadway.
Subdivision Marine City
Standard status Active
APN 74024750289000
Size 1,536 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description Parcel 74-02-475-0289-000: S 32' OF LOT 2 BLK 28; and Parcel 74-02-475-0288-000: E 71' OF LOT 1 BLK 28; MAP OF THE VILLAGE OF MARINE AS RECORDED IN LIBER E OF PLATS PGS 41, 42 & 43 ST CLAIR COUNTY REGISTER OF DEEDS
Tax Annual Amount 5689
Legal Description Parcel 74-02-475-0289-000: S 32' OF LOT 2 BLK 28; and Parcel 74-02-475-0288-000: E 71' OF LOT 1 BLK 28; MAP OF THE VILLAGE OF MARINE AS RECORDED IN LIBER E OF PLATS PGS 41, 42 & 43 ST CLAIR COUNTY REGISTER OF DEEDS

Utilities

Heating system Forced Air, Heat Pump (Heating)
Cooling system Heat Pump, Wall Unit(s)

Amenities

off-street parking
fenced back yard

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Building materials Asbestos
Architectural style Other
Buildings 1
Listing Agency: Square Deal Homes
Listed By: Daniel H Hauer · License #MISPE-6502416160
Added: Nov 4 Last Checked: Nov 7 at 2:06AM
MLS# 20261087792

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,536-square-foot triplex contains three one-bedroom apartments, all vacant and rent-ready. Electric and gas are separately metered, and one apartment has a fenced backyard. The property also includes an adjoining 0.12-acre vacant corner lot, bringing the combined land area to 0.19 acre. The lot provides off-street parking and yard space.

The property is at Market and Jefferson in Marine City, within walking distance of the St. Clair River boardwalk, shops, and restaurants. It is zoned Multi-Family.

Key Highlights

  • Three vacant, rent‑ready one‑bedroom apartments
  • 1,536‑square‑foot building on a combined 0.19 acre
  • Adjoining vacant corner lot measures 0.12 acre

Property Analytics

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Lease Details

Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 48039, MI

7,485
Population
3,701
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
92%
High-School Grad
23.0 sq mi
ZIP Area
325
Density / Sq Mi
$76,304
Median Household Income
$42,715
Median Earnings
$879
Median Rent
$170,800
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

Frequently Asked Questions

What type of property is this?
Triplex - All three one-bedroom apartments are vacant and ready for occupancy or leasing.
Where is this triplex located?
The property is located at 154 Market Marine City, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Three vacant, rent‑ready one‑bedroom apartments; 1,536‑square‑foot building on a combined 0.19 acre; Adjoining vacant corner lot measures 0.12 acre
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