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Triplex With Separate Meters
For Sale
$135,000
Pending

1917 16TH Street, Port Huron, MI 48060

All three units are leased month to month, with water included and individual utility metering.

Property Size1,652 SF
Days on Market475

Property Features for 1917 16TH Street

General Information

Standard status Pending
Size 1,652 SF
Property subtype Multi Family
Occupancy 100%

Financials

Gross Income $27,000
Average Monthly Rent $750

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,993

Building Details

Year Built 1945
Buildings 1
Listing Agency: EXP Realty - Shelby
Listed By: Phillip Tocco · License #6501426108
Source: Exitrealty
Added: May 17, 2025 Changed: Aug 30 Last Checked: Aug 31 at 5:06PM

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 EXP Realty - Shelby

Investment Insights

Based on property information with market context.

Located at 1917 16TH Street in Port Huron City, this 1,652-square-foot triplex was built in 1945 and contains three residential units. The units have comparable layouts, with one bathroom per unit; the upper-level residence also includes two bedrooms. All three are occupied under month-to-month arrangements.

Separate utility meters serve each unit, while water is included in the rent. Property improvements include newer furnace and ductwork installed in 2024, a newer hot water tank, and a recent renovation to Unit 1. The existing occupants would like to remain in place.

Key Highlights

  • Three‑unit triplex with all residences leased month to month
  • 1,652 SF building constructed in 1945
  • Separate utility meters for each unit; water included

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Parking Lot & Garage Hair Salon

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

530
Businesses Nearby

Demographics for 48060, MI

39,775
Population
18,066
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
89%
High-School Grad
20.7 sq mi
ZIP Area
1,921
Density / Sq Mi
$51,342
Median Household Income
$32,017
Median Earnings
$1,005
Median Rent
$152,000
Median Home Value

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 - All three units are leased month to month, with water included and individual utility metering.
Where is this triplex located?
The property is located at 1917 16TH Street Port Huron, MI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three‑unit triplex with all residences leased month to month; 1,652 SF building constructed in 1945; Separate utility meters for each unit; water included
More about this property
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