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Wyandotte Multi-Family Investment Opportunity
For Sale
$240,000

300 2nd St, Wyandotte, MI 48192

Three-unit property in Wyandotte near Detroit River and parks.

Days on Market102

Property Features for 300 2nd St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1924
Listing Agency:
Listed By: Hitoshi Takatsu
Source: Elliman
Added: Apr 22 Changed: Jul 10 Last Checked: Jul 31 at 6:03AM

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 Hitoshi Takatsu

Investment Insights

Based on property information with market context.

This three-unit multi-family property is located in Wyandotte, near the Detroit River and local parks. The property includes one two-bedroom unit on the ground floor and two one-bedroom units on the upper floors. All units are currently rented with long-term tenants. The property has separate electric meters and a one-car detached garage. The location offers access to shopping and major freeways. The bike score is 37, indicating it is somewhat bikeable, and the walk score is 27, indicating car dependence.

Key Highlights

  • Prime multi‑family investment opportunity in desirable Wyandotte location.
  • All units are fully rented with longtime tenants, providing immediate income.
  • Located near the Detroit River and local parks, enhancing rental appeal.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Electrical Service Hair Salon Accounting Firm Parking Lot & Garage Computer & Electronic Repair

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

217
Businesses Nearby

Demographics for 48192, MI

25,058
Population
11,441
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
4,728
Density / Sq Mi
$67,846
Median Household Income
$42,999
Median Earnings
$995
Median Rent
$159,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property in Wyandotte near Detroit River and parks.
Where is this triplex located?
The property is located at 300 2nd St Wyandotte, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Prime multi‑family investment opportunity in desirable Wyandotte location.; All units are fully rented with longtime tenants, providing immediate income.; Located near the Detroit River and local parks, enhancing rental appeal.
More about this property
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