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    Detroit, MI Triplexes for Sale

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    West Village Triplex Opportunity
    Updated: Mar 10
    West Village Triplex Opportunity

    1038 Parker St, Detroit, MI 48214

    $475,000
    3,800 sqft 0.22 AC lot
    Income potential with existing triplex configuration and opportunity to increase value.
    Flexible layout suitable for owner‑occupancy, multi‑generational living, or single‑family conversion.
    Prime West Village location with high walkability to restaurants, the Detroit Riverfront, and parks.
    Large 5‑car garage with alley access, a rare and valuable feature in the neighborhood.
    Substantial 3,800 sqft home on a large 60x157 lot.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1038 Parker St, Detroit, MI 48214

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $43K
      Annual

    • Price @ 7% Cap

      $620K
      Above asking

    • Property Type

      Duplex
      Built 1920
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    Updated Three-Unit Multifamily Property
    Updated: Aug 20
    Updated Three-Unit Multifamily Property

    5031 LAFONTAINE Street, Detroit, MI 48236

    $150,000
    578 sqft 0.12 AC lot
    Three‑unit multifamily property with all units vacant
    578 square feet on a 0.12‑acre lot
    Three bedrooms, three bathrooms, and a basement
    New plumbing, updated electrical, and new sewer line to the road
    Newer forced‑air furnace and central air conditioning
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    Brick Triplex with Flexible Occupancy
    Brick Triplex with Flexible Occupancy

    3775 Tyler Street, Detroit, MI 48238

    $235,000
    2,500 sqft 0.09 AC lot

    Three-unit residential income property with one occupied unit and two vacant units available for tenant placement.

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    Brick Triplex With Basement
    Brick Triplex With Basement

    3783 Tyler Street, Detroit, MI 48238

    $235,000
    2,500 sqft 0.09 AC lot

    Three separate units include refreshed interior finishes and a large unfinished basement.

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

    3783 Tyler Street, Detroit, MI 48238

    $235,000
    2,500 sqft

    Three separate apartments include one occupied unit and two residences available for tenant placement.

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    Remodeled Brick Triplex
    Remodeled Brick Triplex

    2418 Calvert Street, Detroit, MI 48206

    $447,900
    3,800 sqft 0.11 AC lot

    Three residential units offer private entrances and dedicated laundry facilities across the building’s levels.

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    Brick Triplex with Renovated Unit
    Brick Triplex with Renovated Unit

    14828 Sussex Street, Detroit, MI 48227

    $185,000
    2,674 sqft 0.10 AC lot

    Three-unit residential property with established tenancy and a renovated lower-level three-bedroom unit.

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    Renovated Triplex with Brick Construction
    Renovated Triplex with Brick Construction

    3810 Tyler Street, Detroit, MI 48238

    $159,000
    2,650 sqft 0.09 AC lot

    Multi-family triplex zoned for multifamily use with steam heat and public water.

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    Remodeled 3-Unit Brick Triplex
    Remodeled 3-Unit Brick Triplex

    2418 Calvert St, Detroit, MI 48206

    $447,900
    3,800 sqft

    Remodeled all-brick triplex with three units, private entrances, and laundry serving each level.

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    3-Unit Multifamily Income Property
    3-Unit Multifamily Income Property

    2681 Pasadena Street, Detroit, MI 48238

    $297,500
    0.09 AC lot

    Three-unit multifamily property offered for sale in Detroit, MI, at 2681 Pasadena Street.

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    Renovated Triplex with Separate Utilities
    Renovated Triplex with Separate Utilities

    12890 Sussex Street, Detroit, MI 48227

    $170,000
    1,722 sqft 0.08 AC lot

    Renovated 3-unit triplex with separate gas and electric meters, zoned residential, featuring craftsman/colonial architecture.

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    Turnkey Renovated Triplex
    Turnkey Renovated Triplex

    1561 W Grand Blvd, Detroit, MI 48208

    $349,900
    2,662 sqft

    Fully renovated triplex with modern kitchens and quartz-updated bathrooms, offering three independently leased units.

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    Three-Unit Brick Triplex
    Three-Unit Brick Triplex

    907/909 W Euclid Street, Detroit, MI 48202

    $99,900
    2,898 sqft 0.10 AC lot

    Three separate living spaces provide individual kitchens, living rooms, and full bathrooms.

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    Three-Unit Brick Triplex
    Three-Unit Brick Triplex

    909/907 W Euclid Street, Detroit, MI 48202

    $99,900
    2,898 sqft 0.10 AC lot

    Three separate units include kitchens, living rooms, and full bathrooms across three levels.

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    Renovated Three-Unit Multifamily
    Renovated Three-Unit Multifamily

    3810 Tyler St, Detroit, MI 48238

    $159,000
    1,200 sqft

    Turnkey renovated three-unit property with fireplaces and multiple one-bedroom layouts in Detroit’s Buena Vista neighborhood.

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    Historic Triplex with Flexible Layout
    Historic Triplex with Flexible Layout

    1038 Parker Street, Detroit, MI 48214

    $475,000
    0.22 AC lot

    Brick multifamily property with two finished units, a customizable entry level, and a deep landscaped backyard.

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    Brick Triplex with Basement
    Brick Triplex with Basement

    3775 Tyler Street, Detroit, MI 48238

    $235,000
    2,500 sqft

    Three-unit residential property with refreshed interiors, flexible occupancy, and an unfinished basement for storage or utility space.

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    Three-Unit Mixed-Use Retail Property
    Three-Unit Mixed-Use Retail Property

    12940 JOSEPH CAMPAU ST, Detroit, MI 48212

    $395,000
    3,483 sqft

    Residential apartments sit above three ground-floor retail spaces in an as-is mixed-use building.

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    Renovation-Ready Triplex with High Ceilings
    Renovation-Ready Triplex with High Ceilings

    744 West Grand Boulevard, Detroit, MI 48216

    $260,000
    6,098 sqft

    Triplex with very high ceilings, fireplaces, and hardwood floors under carpet, plus an unfinished basement and potential attic development.

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    Renovated Brick Triplex
    Renovated Brick Triplex

    3742 West Grand Street, Detroit, MI 48238

    $225,000
    555 sqft

    Three-unit residential income property with updated interiors, separate utility metering, and durable brick construction.

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    Triplex With Original Details
    Triplex With Original Details

    3795 Tyler St, Detroit, MI 48238

    $85,000
    2,626 sqft

    Three residential units offer period millwork, fireplaces, separate electric service, a covered porch, balcony, and detached garage.

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    Fully Renovated Brick Triplex
    Fully Renovated Brick Triplex

    3643 Lincoln St, Detroit, MI 48208

    $699,000

    Fully renovated 1880 Victorian brick triplex with updated systems and multiple balconies plus a rear wood deck.

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    Renovated Multifamily Property in Woodbridge
    Renovated Multifamily Property in Woodbridge

    4110-4114 Trumbull St, Detroit, MI 48208

    Contact for pricing
    4,950 sqft

    Three-unit multifamily property in Detroit's historic Woodbridge neighborhood.

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    Renovated Triplex with Central Air
    Renovated Triplex with Central Air

    3794 Tyler St, Detroit, MI 48238

    Contact for pricing
    2,600 sqft

    Renovated 2023 triplex with separate basements and in-unit laundry, offering a unit mix from 1 to 3 bedrooms.

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    Detroit, MI Triplexes Market Trends and Statistics

    Explore 39 triplexes for sale in Detroit, MI, showcased through 39 active listings on our real estate platform. These investment opportunities span a total of 67,538 square feet of properties for sale, with an estimated market value of $8,561,200.

    Sale prices for three-family homes in Detroit, MI start at $50,000, averaging $251,800, and reaching up to $699,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 660
    Apartment buildings 168
    Quadplexes 79
    Triplexes 49
    Short term rental properties 15

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

    Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48202 $174.6K
    48204 $176K
    48238 $186K
    48227 $196.7K
    48224 $250K

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wayne County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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    Browse Triplexes for Sale Near Detroit, MI

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    Most Searched ZIP Codes in Detroit, MI

    • 48238
    • 48208
    • 48227
    • 48214
    • 48202
    • 48206
    • 48209
    • 48204
    • 48210
    • 48216
    • 48236

    Featured Detroit Real Estate Agencies

    Realmo connects you with licensed Detroit CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Downtown Realty
    500 Griswold Ste 2420 Detroit, MI 48226
    Phone: 13134667253
    downtownrealty.us
    @properties Detroit
    3100 Woodward Ave, Suite 102 Detroit, MI 48201
    Phone: 13132300510
    www.atpropertiesdetroit.com/

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