This beautiful brick duplex has been gutted to the studs and rebuilt with very high standards. It has original hardwoods and doors, but new kitchen and bathrooms. Each flat has 2 bedrooms, and a bright rear bedroom that could be an excellent sunroom or office. With a rare front accessible driveway, newer double garage, additional lot, adjacent urban forest, and skyline view of New Center, this property would be great as an investment, or residence. Live in one unit and rent or Airbnb the other for additional income. Come and see it for yourself, this home is impressive! This listing is buyer broker friendly.
Discover this beautifully renovated income-producing duplex, perfectly situated in the vibrant North End neighborhood of Detroit. This property offers an excellent investment opportunity with two distinct units, each featuring modern updates while preserving the charm of the area. Fun fact this is Diana Ross childhood home. Don't miss out this opportunity to add to your portfolio or house hack!
Welcome to this beautifully renovated duplex, located in the heart of Detroit's Cultural Center! This spacious 3 unit investment property blends modern amenities with classic charm, featuring brand-new stainless steel appliances, and on-site laundry for your convenience. First 2 floors are 3 bed 1 bath units with spacious bedrooms and living spaces, 3rd floor is a studio unit with a kitchen and full bathroom, can be turned into a triplex. Everything in this property has been completely renovated and brand new including appliances, hot water heaters, furnace, and washers/dryers. Outside space is free parking in the backyard with new paved patio. Ready to rent immediately for income investors. Just a short walk to the Detroit Institute of Arts (DIA), local restaurants, grocery stores, and both Henry Ford and DMC hospitals, you'll enjoy the best of city living. Perfect for professionals or anyone looking to be close to it all! PROPERTY IS BEING SOLD 316/314 HENDRIE
There are no showings without an accepted offer. Please do not disturb tenants.Discover a rare investment opportunity in the heart of Piety Hill, one of Detroit's most sought-after neighborhoods. This recently renovated 4-unit property features studio apartments, with 3 long-term tenants in place and 1 unit currently operating as a successful Airbnb. Just a 5-minute drive to Midtown and less than 10 minutes from downtown Detroit, this property is perfectly positioned for convenience and growth.With quadplexes in high-demand areas moving fast, now is the time to act. Whether you're expanding your investment portfolio or seeking a property with immediate rental income, this opportunity won't last long!
Welcome to 625 Horton Street! With its comprehensive top-to-bottom renovation boasting newly upgraded soffits, windows, electrical, plumbing, and paint this property ensures a modern and worry-free living experience. The 2 units, each approx 1073 sqft, feature identical layouts with well-designed kitchens equipped with stainless steel appls, ample cabinet storage, generous counter space, stylish tile backsplash, and luxurious marble-tiled floors. The spacious living rms are illuminated w/recessed lighting, creating a welcoming atmosphere. Add'l storage space in both the bsmt & attic. Whether you're an investor seeking a turnkey property or a buyer looking to reside in one unit while renting out the other, this move-in-ready multi family home offers both comfort & financial potential.
This beautifully transformed building in the North End of Detroit includes four impeccably renovated condos with modern layouts and finishes, currently generating strong rents due to their thoughtful design and high-quality finishes. All utilities are separately metered, ensuring ease of management for future owners. The sale includes an adjacent lot at 455 E Philadelphia St (Parcel Number 01002632), offering great potential for future development or use as a tenant amenity to further boost rental income. Contributing to the� investment potential, the� surrounding area is experiencing significant growth, including developments like The Beauton (retail and residential), newly built townhomes on Marston and John R, and the Detroit Food Commons. This property offers immense investment flexibility: With North End property values appreciating consistently and the area dotted with development at every turn, you can reap the rewards of above-market rents while maintaining the freedom to sell individual units at any time. Additionally, you have the option to develop the adjacent lot, further enhancing the long-term potential of this investment. The property was recently converted to condos and are individually identified as follows: â�¢ 458 Hague Unit 1: 01002633001 â�¢ 458 Hague Unit 2: 01002633002 â�¢ 458 Hague Unit 3: 01002633003 â�¢ 458 Hague Unit 4: 01002633004
4 unit Investment Opportunity in the heart of Detroit. Located in the Piety Hill neighborhood, this brick building has a lot of potential. Conveniently located between Woodward Ave and John C Lodge Freeway, just blocks from the beautiful new Clairmount Center, this property will appreciate for years to come. 5 minutes from Midtown! Join the many investors on Clairmount Ave breathing life into the city. BATVAI. Building in need of structural work, enter with caution
Investment opportunity in the Boston Edison Neighborhood area. Just a few blocks north. Close to expressways, bud lines, and an elementary school. Easily accessible by all modes of transportation. Can be converted to a single family home or air bnb. Which is common in the areas surrounding. Call for your excusive appointment. Cash offers must be verified; PRE-APPROVALS REQUIRED FOR ALL SHOWINGS. Call listing agent for more info.
Located in Detroit�s vibrant North End, this fully renovated duplex offers two spacious units, each with three bedrooms and one bathroom. The upper unit includes a large, finished attic, providing extra living space or the potential for higher rental income. With the lower unit already occupied and the upper unit vacant, it�s the perfect set-up for someone looking to live in one unit while renting out the other to generate an income. Both units have been thoroughly updated with brand-new mechanical, electrical, and plumbing systems, along with new windows, doors, and finishes. Ideal for both homeowners and investors seeking a strong income opportunity
Lucrative investment opportunity in the North End on Horton Street with a side lot. Former single family home converted to three apartment units. Each unit has rough plumbing, rough electrical, and HVAC completed, along with newer roof and windows. Each unit has two entrances, individual rear decks, and space for mechanicals. Common basement envisioned as shared space for laundry and storage. First floor is a large one bedroom with original brick fireplace in the living room. Second floor is a 2 bedroom apartment. Third floor can be used as one bedroom or studio. Architectural drawings for the project included with the sale and drawings have been approved by city of Detroit. Current market rents have a projected gross monthly income of $5k. Several new construction multifamily and single family buildings on the same street and block. 3 unit multifamily buildings have been built in the neighborhood on the same lot size as the side lot included in the sale. Side lot address is 420 Horton. Truly a premier investment opportunity - location, location, location!
Buyer got cold feet 5 days before closing. INSPECTION PASS, APPRAISAL CAME AT VALUE WITH NO REPAIRS. RARE FIND! 4 bedroom and 2 bath ON EACH UNIT. Many updates such as new flooring, new carpet, new plumbing, new electric, new roof in 2021, hvac updated, new hot water tanks. BOTH UNITS RENTED OUT AT 1400 EACH. 1500 EACH WITH NEW OWNERS Certificate of compliance from city. Great opportunity for investors or house hack.
PRICE REDUCTION FOR QUICK SALE!! BEAUTIFUL ALL BRICK 3 UNIT. COMPLETLEY RENOVATED. FIRST FLOOR HAS 2 BEDROOMS, LIVING ROOM, DINING AREA, KITCHEN, & FULL BATH. SECOND FLOOR HAS 3 BEDROMS, LIVING ROOM, DINING ROOM, KITCHEN & FULL BATH. THIRD FLOOR HAS LIVING ROOM, DINING AREA & KITCHEN ALL OPEN CONCEPT, FULL BATH & ONE NICE SIZE BEDROOM. ALL NEW KITCHENS & BATHS. ALL WHITE KITCHEN CABINETS W/GRANITE COUNTERTOPS. NEW VINYL FLOORING THROUGH OUT. NEW WINDOWS, NEW ROOF, NEW FURNACES (3 UNITS). EVERYTHING HAS BEEN UPDATED. SEPARATE ENTRANCES. SEPARATE UTILITES. QUITE AREA. CLOSE TO FREEWAYS. COME TAKE A LOOK YOU WILL LOVE IT.
This fully occupied 2 family flat is nestled on a quiet block located in Detroit's highly sought after Piety Hill neighborhood. Each spacious 2 bedroom, 1 bathroom apartments feature hardwood floors, bedrooms with ample closet options, and updated kitchens with lots of cabinetry. The plumbing, electrical, and heating systems are all brand new. This place is the perfect purchase for a savvy investor. The upstairs apartment is currently being rented for $1,445, while the downstairs unit is being rented for $1,195 ($2,640 monthly total). Less than 10 minute drive to downtown Detroit, and a 5 minute drive to midtown, this home ownership opportunity is uniquely rare and one to take advantage of. Newly renovated duplexes in the most desired neighborhoods in Detroit are moving quickly. Act fast.
Located in the North End neighborhood, each unit in this spacious brick duplex features a stunning stone fireplace and a sunroom/kitchenette off the main kitchen, complete with sleek granite countertops, subway tile, and stainless steel appliances. The lower unit consists of three bedrooms and one bath, while the upper unit features two bedrooms and one bath, along with a large finished attic that provides the flexibility to generate higher rents or offers a versatile space for an owner to enjoy while renting out the lower unit. This property underwent a complete renovation in 2019, which included a new roof, windows, mechanical systems, plumbing, electrical, and more. Fully occupied.
This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!
Detroit, Michigan 48202 has a population of 645,658. Detroit 48202 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan 48202 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48202 is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.