Three-Unit Residential Income
5469 Parker Road Fort Gratiot, MI 48059
For Sale
$179,000
MULTI_FAMILY - Ranch - Fort Gratiot, MI
Property Size1,880 SF
Lot Size0.34 Acres
Price / SF$95.21
Days on Market25
Property Features for 5469 Parker Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2
Fireplace
1
Standard status
Active
APN
74-20-008-2005-000
Size
1,880 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Annual Amount
2572
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Number of units
3
Architectural style
Ranch
Listing Agency:
KW Platinum Port Huron
(810) 385-0600
Listed By:
Brian Frey · License #6501399921
(810) 662-1888
Added: Jul 6
Changed: Jul 30
Last Checked: Jul 30 at 8:06AM
MLS# 50213902
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Investment Insights
Based on property information with market context.
This well-maintained three-unit residential income property offers a mix of occupied and vacant space. Two units are currently generating rental income, including a studio unit, while the third unit is vacant and ready for occupancy. The existing rents listed are $950 per month for one unit and $700 per month for the studio.
The property is located just one block from the water in Fort Gratiot, MI.
With its occupied units and an available third unit, the layout provides flexibility for a new owner to either bring the vacant unit into the rental rotation or move in while collecting income from the remaining units.
The property is located just one block from the water in Fort Gratiot, MI.
With its occupied units and an available third unit, the layout provides flexibility for a new owner to either bring the vacant unit into the rental rotation or move in while collecting income from the remaining units.
Key Highlights
- 3‑unit property with a vacant third unit, offering flexibility for owner‑occupant living or re‑leasing to increase income
- Current rental income: $950/month for one unit and $700/month for the studio unit
- Ranch‑style building built in 1988
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit property with two income-producing units and one vacant unit.
Where is this triplex located?
The property is located at 5469 Parker Road Fort Gratiot, MI.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: 3‑unit property with a vacant third unit, offering flexibility for owner‑occupant living or re‑leasing to increase income; Current rental income: $950/month for one unit and $700/month for the studio unit; Ranch‑style building built in 1988
