Building Details

Year Built 1927

Listing Agency: Detroit Metro Realty Show Phone

Listed By: Kingsley Ifezue

Source: Premiermichiganhomesearch

Added: Jul 16 Changed: Aug 28 Last Checked: Aug 29 at 11:39AM

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Investment Insights

Based on property information with market context.

This residential triplex contains three units and is positioned on a 3,920-square-foot lot. Built in 1927, the property is located at 2681 Pasadena St in Detroit, Michigan, within ZIP code 48238. The multi-unit configuration provides a defined residential income property format for review by prospective investors.

Key Highlights

• Three‑unit residential configuration
• 3,920‑square‑foot lot
• Built in 1927

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic 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

Location Intelligence

Trade Area within ½ mile

375

Businesses Nearby

Explore this area Business Placement

Demographics for 48238, MI

25,747

Population

16,341

Households

1.6

Avg Household Size

37

Median Age

13%

College-Educated

84%

High-School Grad

5.4 sq mi

ZIP Area

4,768

Density / Sq Mi

$30,286

Median Household Income

$25,948

Median Earnings

$950

Median Rent

$58,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Triplex - Built in 1927, the property offers a three-unit configuration in Detroit.

Where is this triplex located?

The property is located at 2681 Pasadena St Wayne, MI.

What is the asking price?

The asking price for this property is $297,500.

What are key features of this property?

This property features: Three‑unit residential configuration; 3,920‑square‑foot lot; Built in 1927