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Triplex with Loft Unit
New
For Sale
$139,000

4951 Cecil St, Detroit, MI 48210

Existing occupancy pairs with a loft-style unit available for an owner-occupant or new tenant.

Property Size2,278 SF
Days on Market2

Property Features for 4951 Cecil St

General Information

Standard status Active
Size 2,278 SF
Property subtype Investment

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,132

Building Details

Building Size 2,278 SF
Year Built 1915
Units 3
Listing Agency:
Listed By: Kim Page
Source: Elliman
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 5:26AM

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 Kim Page

Investment Insights

Based on property information with market context.

This 1915 triplex includes two tenant-occupied units and one vacant unit. The first- and second-floor residences each have 2 bedrooms, a living room, formal dining room, oversized eat-in kitchen, full bathroom, and an additional flex room suitable for an office, den, or potential third bedroom. The third-floor residence has a loft-style layout with an open living area, full kitchen, and full bathroom.

The property is located at 4951 Cecil St in Detroit, less than one-half mile from Dearborn and minutes from I-94, Michigan Avenue, shopping, and restaurants. WalkScore is 73, BikeScore is 68, and TransitScore is 41. The occupancy mix provides an existing rental component alongside a unit that can accommodate a new tenant or owner-occupant.

Key Highlights

  • Three‑unit property with 2 tenant‑occupied units and 1 vacant unit
  • First- and second‑floor units each offer 2 bedrooms plus a flex room
  • Third‑floor loft‑style unit has an open plan, full kitchen, and full bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) 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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 48210, MI

27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value

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 - Existing occupancy pairs with a loft-style unit available for an owner-occupant or new tenant.
Where is this triplex located?
The property is located at 4951 Cecil St Detroit, MI.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Three‑unit property with 2 tenant‑occupied units and 1 vacant unit; First- and second‑floor units each offer 2 bedrooms plus a flex room; Third‑floor loft‑style unit has an open plan, full kitchen, and full bath
More about this property
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