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3-Unit Apartment Building
New
For Sale
$160,000

302 S Maumee, Tecumseh, MI 49286

The unit mix includes one two-bedroom apartment and two one-bedroom apartments.

Property Size1,801 SF
Days on Market6

Property Features for 302 S Maumee

General Information

Standard status Active
Size 1,801 SF
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence needs updates

Units

Unit Mix 1 x 2BR, 2 x 1BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,318

Building Details

Building Size 1,801 SF
Year Built 1900
Buildings 1
Units 3
Listed By: Carl Poling · License #LCAR-6502125608
Source: Elliman
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 20 at 8:50PM

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 Carl Poling

Rey
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Investment Insights

Based on property information with market context.

This three-apartment property in Tecumseh has one two-bedroom unit and two one-bedroom units. Tenants cover their own heating and electric service. The building dates to 1900 and requires work to the roof, windows, and flooring. A 1.5-car garage and mature trees are also on the property, which occupies a double lot.

The property is near schools and within walking distance of downtown Tecumseh, where shops, restaurants, and services are located.

Key Highlights

  • Three apartments: one 2‑bedroom unit and two 1‑bedroom units
  • Tenants pay for their own heat and electric
  • Double lot with mature trees

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

582
Businesses Nearby

Demographics for 49286, MI

14,991
Population
6,144
Households
2.4
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
58.2 sq mi
ZIP Area
258
Density / Sq Mi
$73,054
Median Household Income
$37,480
Median Earnings
$954
Median Rent
$221,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The unit mix includes one two-bedroom apartment and two one-bedroom apartments.
Where is this triplex located?
The property is located at 302 S Maumee Tecumseh, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Three apartments: one 2‑bedroom unit and two 1‑bedroom units; Tenants pay for their own heat and electric; Double lot with mature trees
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