Detroit MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1926
Baths:
MLS#:
70437820

ADDITIONAL INFORMATION

Charming Duplex in Up-and-Coming Oak Grove Neighborhood!This spacious duplex, located in the tucked in Oak Grove neighborhood, offers an excellent investment or house hacking opportunity. Each unit features 3 bedrooms and 1 bath, with private entrances and fully insulated basements. The property includes separate gas, electric, and water meters for added convenience.The upper unit is vacant, ready for immediate occupancy, while the lower unit is occupied on a month-to-month basis by a long-term tenant. With 2,000 square feet of living space and beautiful hardwood floors throughout, this property is perfect for investors or owner-occupants looking to rent out the other unit.Dona(tm)t miss your chance to invest in this thriving area!

Type:
Multi-Family
Sq.Ft.:
1,832
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1927
Baths:
2.00
MLS#:
60338147
Subdivision:
HITCHMANS THOMAS HOMECROFT

ADDITIONAL INFORMATION

Welcome to 19149 Grandview! Unmissable Investment Opportunity! This spacious and well-kept two-family flat offers two identical units, each boasting 2 bedrooms and 1 bathroom. Featuring gleaming hardwood floors throughout, these open-concept living and dining areas highlight charming coved ceilings and elegant arched doorways, flowing seamlessly into the generously sized kitchens, complete with appliances. Additional perks include a shared basement with separate washer/dryer hookups, a two-car garage, and a private fenced backyard. Utilities are individually metered for convenience. (Please do not disturb tenants).

Type:
Multi-Family
Sq.Ft.:
1,917
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1926
Baths:
2.00
MLS#:
60328475
Subdivision:
GRAND RIVER SUBURBAN (PLATS)

ADDITIONAL INFORMATION

Investors Special!!! Fully Detroit duplex with long time, multi-generational tenants! VERY rare property with a total of 4 bedrooms and 3 bathrooms; Lower Unit=2 beds/2 baths, Upper Unit=2 beds/1 bath on a Corner Lot with over 2,000 sq ft...Lower Unit features open-concept Living/Dining/Kitchen with sliding door access to private patio, first floor Laundry, and separated entrances-front and side access! Upper Unit features a full remodel in 2018: vinyl flooring throughout, freshly painted, new blinds and private entrance-side access! Shared basement for extra storage and/or additional Laundry. Tenant occupied-please do NOT disturb tenants. Absolutely NO Showings without an accepted Offer.

Type:
Multi-Family
Sq.Ft.:
1,854
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1930
Baths:
2.00
MLS#:
60320640
Subdivision:
GRAND RIVER SUBURBAN NO 1 (PLATS)

ADDITIONAL INFORMATION

Well Maintained 2 Unit Multi-Family Brick Tudor, Upper/Lower Flats. Fully Tenanted, Income Producing Property. Separately metered, tenants pay for their own gas/electric utilities. Nestled in a quiet residential neighborhood. Close to Meijers, Retail Shopping, Restaurants, Public Transportation and Expressways. Sold "AS IS". PLEASE DO NOT DISTURB TENANTS. PRE-APPROVED BUYERS, BATVAI.

Type:
Multi-Family
Sq.Ft.:
870
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1952
Baths:
2.00
MLS#:
60317754
Subdivision:
FELDMAN & FELDMANS EVERGREEN MANOR NO 1

ADDITIONAL INFORMATION

This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1952
Baths:
2.00
MLS#:
20240042804
Subdivision:
FELDMAN & FELDMANS EVERGREEN MANOR NO 1

ADDITIONAL INFORMATION

This 2 family investment opportunity has 2 bedrooms on each side and is in need of extensive rehab due to fire damage on one side. The other side is not as damaged and down to the studs. Located within walking distance to 8 Mile, schools and parks. Check the comps and don't miss out! This site is in the Eight Mile-Evergreen NEZ Homestead boundaries. 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.

Type:
Multi-Family
Sq.Ft.:
39,816
Status:
Active
Beds:
n/a
Lot size:
1.26 Acres
Year built:
1963
Baths:
48.00
MLS#:
60317356
Subdivision:
MORE THAN ONE LEGAL INVOLVED

ADDITIONAL INFORMATION

Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building! *Call for Offers for Monday July 1st at 3 pm.* Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential. Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000. The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric. Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.

Type:
Multi-Family
Sq.Ft.:
1,976
Status:
Active
Beds:
n/a
Lot size:
0.24 Acres
Year built:
1926
Baths:
2.00
MLS#:
60313684
Subdivision:
SMITHS APPLE ORCHARD SUB

ADDITIONAL INFORMATION

**OPPORTUNITY** This side-by-side townhome style duplex is a rare find for Northwest Detroit and is ready for either an investor to turn it into a cash-generating machine or for an ambitious house-hacker to start their real estate investing journey! The property features 2 bedroom units w/ open floors plans, spacious living rooms, dining rooms, and kitchens, as well as 2 generous bedrooms and the full bath on the 2nd floor. Each unit also has its access to its own basement! Both units have been freshly painted and feature updated kitchens and bathrooms, forced air heating, updated 100 amp circuit breaker panels, vinyl windows, PEX and PVC plumbing, hardwood floors throughout most of the property, and much more! Each unit should rent for $1,100-1,200 to a Sec 8 tenant, with cash paying rents being slightly less. Located less than a 1/2 mile from Redford Twp and only a few miles from the major Livonia shopping center at I-96 and Middlebelt Rd.

Type:
Multi-Family
Sq.Ft.:
864
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1947
Baths:
2.00
MLS#:
40237934
Subdivision:
FORTUNE HEIGHTS

ADDITIONAL INFORMATION

!!!Do not approach, intruder inside!!! Investor duplex alert! This is a side by side Brick Colonial, each Brick Colonial has 2 bedrooms, detached garage and fenced backyard. Can be sold separately, One duplex was occupied by long term tenants. Each Brick Colonial has some newer model windows, a separate dining area outside of kitchen, open basement layout and fenced backyard. Close to public transportation, shopping, grocery stores, Milan Playfield, Ralph W. Emerson Elementary-Middle School, major highway and freeway. Land Contract terms 140k, 40k down, amortized over 8 years at 622 / month principle and interest. Home being sold "As Is" with warranty deed transfer. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable to listing office.

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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 48219 has a population of 645,658. Detroit 48219 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 48219 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 48219 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

    227
    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
Beech Elementary 02 - 05 645 18.4 48240
Cooke Elementary School PK - 06 312 17.3 48223
Detroit Community Schools - Elementary KG - 08 381 20.3 48223
Detroit Service Learning Academy Campus PK - 08 1,081 22.5 48219
Emerson Elementary-Middle School PK - 08 610 19.1 48219
Macgowan School PK - 01 298 14.4 48240
Madison-Carver Academy KG - 08 410 21.6 48219
Murphy Elementary PK - 08 290 16.1 48223
Old Redford Academy - Elementary PK - 05 680 17 48219
Redford Service Learning Academy Campus PK - 08 416 27.7 48240
Weston Preparatory Academy KG - 08 285 12.9 48219
Wright Charles School PK - 04 466 17.3 48219

Middle Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Detroit West Preparatory Academy PK - 07 289 21.8 48240
Ludington Magnet Middle School 05 - 08 422 20.1 48219
Old Redford Academy - Middle 06 - 08 331 15.1 48219

High Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Cornerstone Health School 09 - 12 281 25.6 48219
Detroit Community Schools - High School 09 - 12 407 15.8 48223
Ford High School 09 - 12 512 32 48219
Redford Union High School 09 - 12 744 21.3 48240
Southeast Michigan Cyber Academy 09 - 12 301 327.2 48240

Ungraded Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
* VERITAS 09 - 12 73 24.3 48240
American International Cyber School UG - UG 0 48240
David Ellis Academy West KG - 12 733 21.6 48240
Gompers Elementary-Middle School PK - 09 786 17.9 48223
Regents Academy KG - 12 65 325 48240
Stuckey Center KG - 12 141 8 48240

Demographics near Detroit, MI 48219

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