Calling all investors and house hackers alike! Here is your opportunity to pick up a turnkey duplex in Chandler Park! This currently has a section 8 tenant in place at 1300 per month. The upstairs unit is vacant and ready to be occupied by a tenant or owner! This is located minutes from Downtown Detroit, Grosse Pointe, and the water! So you will be able to enjoy everything the growing area has to offer! Schedule your private showing TODAY!
Incredible opportunity to add to your rental portfolio. This duplex is located in corner of Morningside, minutes away from Grosse Pointe. This unit needs repairs to get it rent ready. Perfect opportunity for section 8.
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INVESTMENT OPPORTUNITY: Siding home in attractive neighborhood with basement and garage. Home requires complete rehab
6-unit apartment building w/lots of potential. 4 units have 2 bedrooms, 2 units have 1 bedroom. Property needs work, but there is plenty of room to grow in this up and coming neighborhood. 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/or 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. Please refer to DLBA proposal guidelines.
Both units are basically the same living room, dining room, kitchen, two bedrooms, and one full bath. Add this to your investment portfolio. Located in the up-and-coming city of Detroit. Near great restaurants, local stores, and entertainment, and just a few minutes from the highway! You will not want to miss out on this one, book your showing today!
This is a nice investment property. Brand new heating system on both sides , updated kitchens and ton of potential. The units come with stove, refrigerator, and washer /dryer. Cash or Land Contract is available.Contact Veranique Stevens at Great Lakes RE
This superb duplex is situated near the Pingree Park Neighborhood. Both units have undergone enhancements, with the lower unit showcasing original hardwood floors, an updated kitchen, and various other upgrades. Notably, the property includes a rare three-car garage, making it an excellent investment opportunity or ideal for house hacking.
Discover this beautifully updated 4-family flat that seamlessly combines classic charm with modern comforts, offering both an excellent investment opportunity and a wonderful place to call home. Each unit has been thoughtfully renovated, featuring contemporary kitchens with sleek countertops and stainless steel appliances, as well as stylish bathrooms with modern fixtures. The spacious, light-filled layouts enhance the living experience, while the well-maintained exterior provide impressive curb appeal. With off-street parking, a shared backyard, and separate utilities for each unit, this property is designed for both comfort and practicality. Whether you're an investor seeking rental income or an owner-occupant looking for added revenue, this flat offers tremendous potential.
Check out this fantastic cash flowing investment property at 11238 Glenfield. A spacious side-by-side duplex offering 1,856 sq ft, with two units each featuring 2 bedrooms, 1 full bath, and separated basements and utilities. Both units are occupied with one long term section 8 tenant and one cash tenant. This provides a strong rent ratio right out the door but offers a value add opportunity with market rents at 900 to 1000 per unit. The property was recently certified with the city of Detroit so the CoC is good until 2027! Professionally managed and ready for a new investor to add to their portfolio. Located in the Gratiot-Findlay neighborhood north of Outer Drive and west of Gratiot and near the City Airport as well as 7 minutes to downtown.
**Property Description:** This multi-family property, located in a promising neighborhood, offers a fantastic opportunity for investors or those looking to generate rental income. The building features multiple units that, with some TLC, can be transformed into a highly profitable investment. The property requires renovation, providing a blank canvas in the upper unit for you to tailor the space to your needs or the demands of the rental market. Once updated, this property has the potential to generate up to 2,200 per month in rental income, making it an excellent option for those looking to build wealth through real estate. With a solid structure and ample square footage, this property is poised to become a high-yield investment. Don't miss this chance to turn a fixer-upper into a valuable income-generating asset!
Attention investors, house hackers, and handy homeowners alike. Take a look at this solid duplex located on a great block on Detroit's Eastside. The upper floor unit has 1 bed and 1 bath. Lower floor is 2 beds 1 bath. This could be a great long term investment for any buyer. Most of the work has already been done. Come by and take a look. You could spend a few bucks and have a really nice long term equity building asset for the future. Lets make a deal...Don't miss your chance!
INVESTMENT OPPORTUNITY!! This beautifully updated two family flat on Detroit's eastside is ready for its new owners. Both units were freshly painted with each unit including living room, dining room, kitchen, bathroom with two bedrooms each. Separate heating system for both units. Fenced in yard with private wood fencing. Lower unit furnished with stainless steel appliances (refrigerator, stove, dishwasher, over the range microwave) and separate washer and dryer in the basement, rear deck leading from main bedroom and cental air unit, rented for $1,000.00 Upper unit is furnished with black refrigerator, stove, ceiling fans and built in 25,000 btu window air conditioning unit with separate washer and dryer in basement which is being rented for $950.00. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.
Income generating duplex in progressive up and coming neighborhood. Updated modern bathrooms and kitchens. Newer kitchen cabinets. Hardwood floors throughout both units. Updated electrical. Updated plumbing. Newer roof. Long term month to month cash tenants who would like to stay. Each unit consists of a living room, dining room, renovated kitchen, renovated bathroom and two bedrooms. The perfect property for a new investor or seasoned investor looking for a high ROI. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.
Great opportunity to own a muti-family home in an amazing location. The redevelopment of Detroit is in full swing.
Formal living room with natural fireplace, formal dining room, kitchen with eating area and full bath is included in both upper and lower levels of this brick multi family home. This home has a fenced in yard with 2 car detached garage. Please call for more information.
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 48213 has a population of 645,658. Detroit 48213 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 48213 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 48213 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.