Triplex | 2,813 sq. ft. | Fully Leased | Income-Producing Opportunity
Property Overview:
Discover an exceptional investment opportunity in the heart of Flint’s growing downtown corridor. 612 E. Third Street is a beautifully maintained triplex offering steady rental income and long-term appreciation potential. Perfect for investors or owner-occupants seeking cash flow from day one.
Property Features:
• Three spacious units: (2) one-bedroom apartments and (1) three-bedroom unit — all currently leased.
• Approximately 2,813 sq. ft. of total living space.
• Originally built in 1898, with numerous modern updates.
• Recent upgrades include new windows, updated plumbing and electrical, rebuilt decks and stairs, and refreshed interiors (flooring, bathrooms, and paint).
• Ample parking and a private rear patio/deck area for tenants.
Location Highlights:
Situated just blocks from the University of Michigan–Flint, Mott Community College, and the Flint Farmers’ Market, this property offers easy access to shopping, dining, and the cultural heart of the city. Quick access to I-69 and I-475 ensures convenience for commuters and tenants alike.
Investment Highlights:
• Fully occupied and income-producing — instant cash flow.
• Low maintenance with significant updates already completed.
• Excellent tenant demand due to proximity to colleges and downtown amenities.
• Ideal for both buy-and-hold investors and owner-occupants.
Financial Snapshot (fill in with your numbers):
• Monthly rent: $2,650
• Annual gross income: $31,800
• Estimated annual expenses (mortgage & insurance): $20,640
• Utilities (Water, Consumers): $3456
• Net Operating Income (NOI): $7,704
• Asking Price: $190,000
Contact Information:
For inquiries or to schedule a private showing, contact the owner direNewNewctly at:
?? 810-221-1525
?? admin@newearthrecoveryhousing.com
For sale by owner
$190,000
612 E 3rd St, Flint, MI 48503
5beds
2,813sqft
Est.:
MultiFamily
Built in 1898
-- sqft lot
$-- Zestimate®
$68/sqft
$-- HOA
What's special
Refreshed interiorsAmple parkingRebuilt decks and stairsSpacious unitsNew windows
What the owner loves about this home
What I love most about this home is its character and charm — every detail tells a story. The tall ceilings, original woodwork, and sun-filled windows make each space feel welcoming and alive. There’s a sense of history here that blends beautifully with the thoughtful updates, giving it the perfect balance of classic and modern. The energy of the home feels grounding and peaceful, like a place where creativity and connection naturally flow.
I also love the location and community. Being just minutes from downtown Flint, the universities, and the Farmers’ Market means everything is within reach, yet the neighborhood still feels calm and neighborly. Watching people walk or bike past on a sunny day reminds me how vibrant and full of potential this area is. It’s been such a joy to see this home not only provide comfort but also inspire growth and transformation — both for those who live here and for the community it’s part of.
- 69 days |
- 297 |
- 22 |
Listed by:
Property Owner (810) 221-1525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,813 sqft
Property
Parking
- Total spaces: 3
- Parking features: On-street
Features
- Exterior features: Other, Stucco, Brick
- Has view: Yes
- View description: City
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 4118206003
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1898
Community & HOA
Location
- Region: Flint
Financial & listing details
- Price per square foot: $68/sqft
- Tax assessed value: $104,200
- Annual tax amount: $3,493
- Date on market: 10/6/2025
Estimated market value
Not available
Estimated sales range
Not available
$797/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Listed for sale | $190,000-5%$68/sqft |
Source: Owner Report a problem | ||
| 7/7/2025 | Listing removed | $200,000$71/sqft |
Source: | ||
| 5/21/2025 | Listed for sale | $200,000+33.3%$71/sqft |
Source: | ||
| 2/22/2024 | Sold | $150,000-6.2%$53/sqft |
Source: | ||
| 2/9/2024 | Pending sale | $159,900$57/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,493 | $52,100 +13.8% |
| 2023 | -- | $45,800 +19.6% |
| 2022 | -- | $38,300 +1.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,181/mo
Principal & interest
$899
Property taxes
$215
Home insurance
$67
Climate risks
Neighborhood: Central Park
Nearby schools
GreatSchools rating
- 3/10Pierce SchoolGrades: PK-6Distance: 1 mi
- 2/10Holmes STEM Middle School AcademyGrades: PK,6-8Distance: 4.3 mi
- 3/10Southwestern AcademyGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Flint
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading






