Listing Agency: Brookstone

Listed By: Lauren Mannor · License #6501429335

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:55AM

Report an Issue

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 Brookstone

Investment Insights

Based on property information with market context.

This historic quadplex contains 4 renovated residential units at 605 N Calhoun St in Lapeer, Michigan. The property has undergone substantial capital improvements, and all tenants are current on rent.

The building is located close to town in Lapeer, offering a residential income property with an established four-unit configuration and completed renovations.

Key Highlights

• 4 renovated residential units
• Historic property with substantial capital improvements
• All tenants are current on rent

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Veterinary Clinic Locksmith

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

866

Businesses Nearby

Explore this area Business Placement

Demographics for 48446, MI

30,788

Population

12,797

Households

2.4

Avg Household Size

45

Median Age

20%

College-Educated

93%

High-School Grad

121.9 sq mi

ZIP Area

253

Density / Sq Mi

$66,382

Median Household Income

$40,263

Median Earnings

$976

Median Rent

$206,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Warehouse With Vending Operations

227 HORTON ST, Lapeer, MI 48446

$699,900

3,600 SF

View details

Fully Renovated Corner Commercial Building

111 W Genesee Street, Lapeer, MI 48446

$549,900

4,700 SF

View details

Corner Retail Building with Parking

525 N Saginaw Street, Lapeer, MI 48446

$310,000

0.22 Acres

View details

Religious Facility with Walkout Basement

W 2062 W Oregon Street Unit SourceFi, Lapeer, MI 48446

$279,900

4,601 SF

View details

Flex Space with Showroom

1983 N Lapeer Road, Lapeer, MI 48446

$385,000

3,360 SF

View details

Lapeer Industrial Opportunity For Sale

265 HOWARD St, Lapeer, MI 48446

$385,000

7,000 SF

View details

Storefront Property with Private Parking

525 N Saginaw Street, Lapeer, MI 48446

$310,000

3,000 SF

View details

Retail Condo With Full Basement

814 S Main St, Lapeer, MI 48446

Contact for pricing

1,350 SF

View details

Office Flex Space with Grade Door

2513-2517 Imlay City Rd, Lapeer, MI 48446

$315,000

4,868 SF

View details

Triple-Net Retail Investment

1473 South Lapeer Rd, Lapeer, MI 48446

Contact for pricing

1,632 SF

View details

Retail Storefront Suite

814 S. Main Street, Unit 4, Lapeer, MI 48446

Contact for pricing

1,350 SF

View details

Retail Building

507 Mccormick Drive, Lapeer, MI 48446

Contact for pricing

13,580 SF

View details

Frequently Asked Questions

What type of property is this?

Quadplex - Historic four-unit property with tenants current on rent and proximity to town.

Where is this quadplex located?

The property is located at 605 N Calhoun St Lapeer, MI.

What are key features of this property?

This property features: 4 renovated residential units; Historic property with substantial capital improvements; All tenants are current on rent