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Three-Unit Mixed-Use Building
New
For Sale
$295,900

2683 Crane St, Detroit, MI 48214

Ground-floor commercial space is paired with two one-bedroom apartments and additional living quarters on the third floor.

Property Size4,516 SF
Price / SF$65.52
Days on Market3

Property Features for 2683 Crane St

General Information

Standard status Active
Size 4,516 SF

Property Condition

Severity Repairs Needed
Evidence rehab opportunity

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Building Details

Year Built 1910
Buildings 1
Tenancy Multi
Listing Agency: Wayne Bolling Realty
Listed By: David Bolling
Source: Katie-k
Added: Sep 24 Last Checked: Sep 24 at 2:31PM

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 Wayne Bolling Realty

Investment Insights

Based on property information with market context.

This three-unit mixed-use building, constructed in 1910, contains 4,516 square feet. The first floor is commercial space, with two one-bedroom apartments on the upper floor. One apartment connects to additional living quarters on the third floor. Coolers and a freezer are included.

A separate lot directly behind the building is part of the sale and is zoned commercial. It can be used for parking associated with the property.

Key Highlights

  • 4,516‑square‑foot building constructed in 1910
  • Three units: ground‑floor commercial space and two one‑bedroom apartments
  • One apartment has access to additional living quarters on the third floor

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
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?
Mixed-use property - Ground-floor commercial space is paired with two one-bedroom apartments and additional living quarters on the third floor.
Where is this mixed-use property located?
The property is located at 2683 Crane St Detroit, MI.
What is the asking price?
The asking price for this property is $295,900.
What are key features of this property?
This property features: 4,516‑square‑foot building constructed in 1910; Three units: ground‑floor commercial space and two one‑bedroom apartments; One apartment has access to additional living quarters on the third floor
More about this property
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