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    Turnkey Investment Opportunity with Development Potential
    Updated: May 21
    Turnkey Investment Opportunity with Development Potential

    755 Portage St, Kalamazoo, MI 49001

    $317,000
    4,800 sqft
    Turnkey 3‑unit property with strong rental income.
    Includes two additional lots, offering development potential.
    New HVAC system, new water heater, and spray foam insulation for improved efficiency.**
    Off‑street parking available.
    Electric, gas, and water are separately metered for the downstairs unit.
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    This listing looks promising.

    Here's a quick look at some key insights for

    755 Portage St, Kalamazoo, MI 49001

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $403K
      Above asking

    • Property Type

      Commercial (General)
      Built 1954
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    Three-Unit Residential Income Property
    Updated: Jul 7
    Three-Unit Residential Income Property

    316 Huron Street, Traverse City, MI 49686

    $550,000
    2,636 sqft 0.34 AC lot
    Well‑maintained 3‑unit property with current gross rental income of $4,790 per month
    Duplex layout with Unit A (main level) 3 bed/1 bath plus an attached two‑car garage
    Unit B (upper level) 2 bed/1 bath with in‑unit laundry and a private deck
    Separate non‑conforming cottage (Unit C) with 1 bed/1 bath for an additional income stream
    Built in 1937 with block construction and an asphalt shingle roof
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    Live-Work Studio and Multi-Unit Home
    Live-Work Studio and Multi-Unit Home

    7321 Harbert Road, Harbert, MI 49115

    $868,500
    2,140 sqft 0.72 AC lot

    Two recently updated buildings combine a commercial studio with a fully furnished multi-unit residence for flexible live/work use.

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    Historic Corner Income Building with 15-Foot Ceilings
    Historic Corner Income Building with 15-Foot Ceilings

    227 E Michigan Avenue, Marshall, MI 49068

    $585,000
    3,701 sqft 0.07 AC lot

    Restored bank-turned building offers multiple turnkey units, 15-foot ceilings, a rooftop patio, and private parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Triplex with R4C Zoning
    Triplex with R4C Zoning

    547 Elizabeth St, Ann Arbor, MI 48104

    $715,000
    1,563 sqft

    Built in 1901, this three-unit triplex offers a residential income setup within Ann Arbor’s R4C zoning district.

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    Downtown Mixed-Use Building with Restaurant
    Downtown Mixed-Use Building with Restaurant

    118 Hoffman Street, Saugatuck, MI 49453

    $1,695,000
    3,450 sqft 0.67 AC lot

    Mixed-use property with three residential rentals above a street-level restaurant, bar, and lounge.

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    Corner Retail Space with Parking
    Corner Retail Space with Parking

    201 E Main Street, Gaylord, MI 49735

    $359,900
    4,904 sqft 0.46 AC lot

    1222 sq ft corner retail on a downtown lot with ADA compliance and both street and rear parking access.

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    Historic Downtown Bar and Apartment Building
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot

    Built in 1885, this brick property combines a ground-floor bar with an occupied apartment and a flexible upper level.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    722 Lake St, Saugatuck, MI 49453

    $1,100,000
    2,200 sqft

    Three-unit property in Saugatuck with an updated main home and short-term rental setup near downtown access routes.

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    Tri-Unit Live-Work Property
    Tri-Unit Live-Work Property

    695 Livernois Street, Ferndale, MI 48220

    $749,900
    3,186 sqft 0.10 AC lot

    Tri-unit building zoned for commercial and multifamily use, offering a blended residential and income-oriented layout.

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    Triplex with Shared Deck
    Triplex with Shared Deck

    143 S Benzie Boulevard, Beulah, MI 49617

    $649,900
    2,195 sqft 0.11 AC lot

    Three-unit triplex includes shared laundry with two washers and two dryers, plus a shared deck between two units.

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    Live-Work Triplex Property
    Live-Work Triplex Property

    695 Livernois, Ferndale, MI 48220

    $749,900
    3,986 sqft

    Tri-unit live-work property featuring modern residential space and mixed-use zoning for flexible commercial opportunities.

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    Mixed-Use Property with Bowling Alley
    Mixed-Use Property with Bowling Alley

    304 W Main Street, Manton, MI 49663

    $275,000
    8,411 sqft 0.28 AC lot

    Two connected buildings totaling 8,000+ SF on three city lots, including a bowling alley and apartment shell space for expansion.

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    Three-Unit Triplex with Separate Entrances
    Three-Unit Triplex with Separate Entrances

    810 W First Street, Gladwin, MI 48624

    $219,900
    2,928 sqft 0.40 AC lot

    Updated three-unit triplex on a double lot with separate entrances, separate electric, and washer/dryer hookups for each unit.

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    Triplex with Covered Porch
    Triplex with Covered Porch

    310 W Superior Street, Alma, MI 48801

    $189,000
    1,700 sqft 0.23 AC lot

    Frame triplex built in 1967 with a covered porch and three one-bedroom, one-bath apartments.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    5469 Parker Road, Fort Gratiot, MI 48059

    $179,000
    1,880 sqft 0.34 AC lot

    Well-maintained three-unit property with two income-producing units and one vacant unit.

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    Income Property with Outbuildings
    Income Property with Outbuildings

    7130 Platt Road, Saline, MI 48176

    $650,000
    676 sqft 3.00 AC lot

    Three-unit residential income property on about 3 acres, with multiple outbuildings and extensive 2025 mechanical updates.

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    Triplex with Shared Front Porch
    Triplex with Shared Front Porch

    515 N Harrison Street, Saginaw, MI 48602

    $124,900
    2,556 sqft 0.28 AC lot

    Triplex on a 0.28-acre lot featuring a shared front lobby and porch, forced-air heat, and three separate units.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    755 Portage Street, Kalamazoo, MI 49001

    $309,000
    4,800 sqft

    Turnkey three-unit property with off-street parking, separate utilities, and recent HVAC, water heater, and insulation updates.

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    Triplex with Post Office Lease
    Triplex with Post Office Lease

    1296 Main Street, Melvin, MI 48454

    $244,900
    1,885 sqft 0.55 AC lot

    Triplex building with a leased post office unit and two 2-bedroom apartments, plus a shared washer-dryer area.

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    Vacant Residential Income Triplex
    Vacant Residential Income Triplex

    615 2nd St, Jackson, MI 49203

    $110,000
    2,400 sqft

    Vacant 3-unit triplex with a new main-floor bathroom and options to reconfigure upstairs units.

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    Triplex with Lake-View Deck
    Triplex with Lake-View Deck

    118 E State Street, Fife Lake, MI 49633

    $394,000
    3,216 sqft 0.11 AC lot

    Historic triplex on a small lakefront lot with three rental units, lake-view deck, porch, and RV parking.

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    Fully Leased Triplex with Garage
    Fully Leased Triplex with Garage

    15105 Maplewood Ave, Eastpointe, MI 48021

    $335,000
    1,310 sqft

    Fully occupied three-story brick triplex with separately metered units, shared laundry, and a detached 3-car garage.

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    Renovated Triplex with Private Entrances
    Renovated Triplex with Private Entrances

    812 Forest Avenue, Frankfort, MI 49635

    $485,000
    2,035 sqft 0.17 AC lot

    Completely renovated triplex with three apartments, private entrances, and air conditioning in each unit plus a newly paved driveway.

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    Michigan Triplexes Market Trends and Statistics

    Explore 222 triplexes for sale in Michigan, showcased through 222 active listings on our real estate platform. These investment opportunities span a total of 273,858 square feet of properties for sale, with an estimated market value of $70,940,826.

    Sale prices for three-family homes in Michigan start at $38,000, averaging $347,749, and reaching up to $1,895,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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