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Three-Unit Triplex with Private Entries
New
For Sale
$287,900

4130 N AIRPORT Rd E, Waterford, MI 48329

Each apartment has two bedrooms, one bathroom, and laundry hookups.

Property Size3,281 SF
Days on Market2

Property Features for 4130 N AIRPORT Rd E

General Information

Standard status Active
Size 3,281 SF
Property subtype Investment
Occupancy 100%

Units

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

Taxes and HOA fees

Annual Taxes $4,596

Amenities

laundry hookups
shed

Building Details

Building Size 3,281 SF
Year Built 1901
Units 3
Tenancy Multi
Listed By: Susan Kosmalski · License #6501206879
Source: Elliman
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:09AM

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 Susan Kosmalski

Investment Insights

Based on property information with market context.

This triplex in Waterford Township contains three leased apartments, each configured with two bedrooms and one bathroom. Private entrances and laundry hookups serve every unit. The property was built in 1901, and a shared shed is included.

The apartments have long-term tenants. Bike Score is 52, classified as Bikeable; Walk Score is 38, classified as Car-Dependent.

Key Highlights

  • Three leased apartments, each with two bedrooms and one bathroom
  • Private entrance and laundry hookups in every unit
  • Built in 1901

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Bakery Barber Shop

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 48329, MI

24,391
Population
10,249
Households
2.4
Avg Household Size
45
Median Age
29%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,368
Density / Sq Mi
$85,777
Median Household Income
$48,837
Median Earnings
$1,323
Median Rent
$245,800
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
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Frequently Asked Questions

What type of property is this?
Triplex - Each apartment has two bedrooms, one bathroom, and laundry hookups.
Where is this triplex located?
The property is located at 4130 N AIRPORT Rd E Waterford, MI.
What is the asking price?
The asking price for this property is $287,900.
What are key features of this property?
This property features: Three leased apartments, each with two bedrooms and one bathroom; Private entrance and laundry hookups in every unit; Built in 1901
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