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Two-Unit Residential Income Property
For Sale
$125,000

609 Thomson St, Flint, MI 48503

Duplex with separate utilities, lower unit on month-to-month terms and upstairs unit on a year lease.

Days on Market86

Property Features for 609 Thomson St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: East Central, LLC
Listed By: Brandon Mattila · License #123055
Source: Elliman
Added: May 9 Changed: Jul 23 Last Checked: Aug 1 at 8:49AM

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 East Central, LLC

Investment Insights

Based on property information with market context.

This duplex includes a lower unit and an upstairs unit with separate water heaters and furnaces. The property is structured for separate utility responsibility, with the owner paying for water while tenants pay gas and electric. The lower unit operates on month-to-month terms, and the upstairs tenant is on a year lease.

Located at 609 Thomson St in Flint, the property is described as being near downtown and in the East Village area, positioned between the University of Michigan–Flint campus, the Flint College Cultural Center, and a newly proposed Central Highschool campus redevelopment.

Rents cited in the listing are $700 per month for the lower unit and $875 per month for the upstairs unit. Showings require 24 hours’ notice.

Key Highlights

  • Duplex built in 1900 with two separate units and separate utilities
  • Lower unit rents for $700/month on month‑to‑month terms
  • Upstairs unit rents for $875/month on a year lease

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Home Appliance Store Acupuncture

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,453
Businesses Nearby

Demographics for 48503, MI

21,743
Population
11,823
Households
1.8
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
8.5 sq mi
ZIP Area
2,558
Density / Sq Mi
$40,155
Median Household Income
$29,689
Median Earnings
$842
Median Rent
$75,400
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?
Duplex - Duplex with separate utilities, lower unit on month-to-month terms and upstairs unit on a year lease.
Where is this duplex located?
The property is located at 609 Thomson St Flint, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Duplex built in 1900 with two separate units and separate utilities; Lower unit rents for $700/month on month‑to‑month terms; Upstairs unit rents for $875/month on a year lease
More about this property
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