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Updated Triplex with Three Units
For Sale
$184,999

612 E 3rd Street, Flint, MI 48503

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

Property SizeContact for details
Days on Market50

Property Features for 612 E 3rd Street

General Information

Standard status Active
Property subtype Multi Family
Listing Agency: Full Circle Real Estate Group LLC
Listed By: Peyton Beckham
Source: Corneliusteam
Added: Aug 8 Changed: Sep 9 Last Checked: Sep 24 at 9:24AM

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 Full Circle Real Estate Group LLC

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

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 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 Street Flint, MI.
What is the asking price?
The asking price for this property is $184,999.
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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