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Updated Triplex with Three Units
New
For Sale
$189,999

612 E 3rd St, Flint, MI 48503

Fully leased multifamily property with refreshed interiors, private outdoor areas, and off-street parking.

Property Size3,313 SF
Days on Market4

Property Features for 612 E 3rd St

General Information

Standard status Active
Size 3,313 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $5,046

Building Details

Building Size 3,313 SF
Year Built 1898
Units 3
Listing Agency:
Listed By: Peyton Beckham
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 11:22AM

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 Peyton Beckham

Investment Insights

Based on property information with market context.

Built in 1898, this three-unit residential property includes two one-bedroom apartments and one larger three-bedroom apartment. All units are leased, with 100% occupancy. Interior features include newer carpeting, renovated bathrooms, ample living areas, natural light, and practical floor plans. Each residence also has private outdoor space.

Recent property improvements include replacement windows, plumbing updates, reconstructed decks and stairways, and other upgrades. The site includes a spacious yard and a large paved parking area with off-street parking. City Certificate of Compliance CR2500427 is in place. The property is near universities, a public library, a farmers market, a cultural center, a museum, shopping, dining, and major expressways. WalkScore is 74, BikeScore is 70, and TransitScore is 47.

Key Highlights

  • Three‑unit configuration with two 1‑bedroom apartments and one 3‑bedroom apartment
  • 100% occupancy with all units leased
  • Recent windows, plumbing, decks, and staircase improvements

Property Analytics

Current Use

Triplexes

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,497
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased multifamily property with refreshed interiors, private outdoor areas, and off-street parking.
Where is this triplex located?
The property is located at 612 E 3rd St Flint, MI.
What is the asking price?
The asking price for this property is $189,999.
What are key features of this property?
This property features: Three‑unit configuration with two 1‑bedroom apartments and one 3‑bedroom apartment; 100% occupancy with all units leased; Recent windows, plumbing, decks, and staircase improvements
More about this property
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