Detroit MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,496
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1917
Baths:
MLS#:
70440238

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,122
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1913
Baths:
2.00
MLS#:
60350784
Subdivision:
MOORE HODGES & WARRENS SUB (PLATS)

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
3,700
Status:
Active
Beds:
n/a
Year built:
1914
Baths:
3.00
MLS#:
60349422
Subdivision:
BRUSH SUB L1 P152 PLATS

ADDITIONAL INFORMATION

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

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1908
Baths:
MLS#:
70437762

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
2,146
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1913
Baths:
2.00
MLS#:
60346653
Subdivision:
BAKERS HIBBARD SUB LOT 2 OF 1/4 SEC 57

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
4,756
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1910
Baths:
10.00
MLS#:
60342664
Subdivision:
WAYNE COUNTY CONDO PLAN 1154 THE NEW CENTER

ADDITIONAL INFORMATION

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

Type:
Multi-Family
Sq.Ft.:
4,224
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Year built:
1912
Baths:
MLS#:
70432978

ADDITIONAL INFORMATION

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

Type:
Multi-Family
Sq.Ft.:
2,112
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1913
Baths:
2.00
MLS#:
60341589
Subdivision:
MOORE HODGES & WARRENS SUB (PLATS)

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,410
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1920
Baths:
2.00
MLS#:
60340735
Subdivision:
HOWLANDS

ADDITIONAL INFORMATION

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

Type:
Multi-Family
Sq.Ft.:
2,581
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1906
Baths:
3.00
MLS#:
60335020
Subdivision:
BAGGS SUB PT OF OL 1

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
2,172
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1912
Baths:
4.00
MLS#:
60327194
Subdivision:
HUNT & LEGGETTS SUB S 1/2 OF N 1/2 OF 1/4 SEC 24

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,542
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1921
Baths:
3.00
MLS#:
60325704
Subdivision:
HUNT & LEGGETTS SUB S 1/2 OF N 1/2 OF 1/4 SEC 24

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1910
Baths:
MLS#:
70418439

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
2,850
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1913
Baths:
2.00
MLS#:
60305179
Subdivision:
HUNT & LEGGETTS SUB (PLATS)

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1912
Baths:
3.10
MLS#:
20240024367
Subdivision:
FISHERS SUB ON OL 5 & 6

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.



Detroit Real Estate

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.

Detroit Weather

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.

Detroit Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    176
    30-day change

Detroit Schools and Demographics

Education near Detroit, MI

Metric City County
High School Graduates 82.61 87.61
College Degree - 2 year 7.43 8.59
College Degree - 4 year 16.23 25.82
Graduate Degree 5.15 7.79
Expenditures per Student 13,771 13,771
Students per Teacher 17.7 17.7

Elementary Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Durfee Elementary-Middle School PK - 08 538 15.4 48206
Golightly Education Center PK - 08 378 17.2 48202
Henry Ford Academy: School for Creative Studies - Elementary KG - 05 389 15 48202
New Paradigm Loving Academy KG - 08 214 25.2 48211
Oakland International Academy - Elementary 02 - 04 142 14.5 48211
Oakland International Academy - K-1 PK - 01 84 17.2 48211
Thirkell Elementary School PK - 07 577 22.4 48206
University Preparatory Academy (Psad) - Elementary KG - 05 476 15.9 48202
University Preparatory Academy (Psad) - Elementary KG - 05 363 14.5 48202

Middle Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Capstone Academy Charter School (Sda) - North Campus 04 - 12 0 23 48202
Oakland International Academy - Middle 05 - 08 190 14.1 48211
University Preparatory Academy (Psad) - Middle 06 - 08 416 14.9 48202
University Preparatory Science and Math (Psad) Middle School 06 - 08 442 17.7 48202

High Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Central Collegiate Academy 09 - 12 524 20.1 48206
Plymouth Educational Center Preparatory High School 09 - 12 311 22.2 48202
University Preparatory Academy (Psad) - High School 09 - 12 573 15.6 48202

Ungraded Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Detroit International Academy for Young Women PK - 12 392 11.2 48202
Henry Ford Academy: School for Creative Studies (Psad) 06 - 12 840 17.9 48202
Pathways Global Leadership Academy UG - UG 0 48202

Demographics near Detroit, MI 48202

Metric Zip Code City
Neighborhood Type Inner City
Population 645,658 1,789,781
Population Density 4,655 2,925
Median Age 35 37.8
People per Household 2.5 2.6
Median Household Income 34,762 52,830
Average Income per Capita 20,780 29,953