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Wade Multifamily Homes & Duplexes for Sale

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    $230,000

    • 6 Beds
    • 2.5 Baths
    • 2,400 Sq Ft

    11822 Promenade St, Detroit, MI 48213

    Welcome to 11822 Promenade – a fully updated two-unit multifamily located on Detroit’s east side. Each spacious unit offers 3 bedrooms and 1.5 bathrooms, making this a perfect addition to any investor’s portfolio or a great option for house hacking. One unit is currently occupied at $1,300/month, generating immediate income. Second unit is move-in ready – ideal for a new tenant or owner-occupant.

    Tinaesha Sims Front Page Properties

    11822 Promenade St, Detroit, MI 48213
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    $80,000

    12642 Chelsea Ave, Detroit, MI 48213

    This spacious two-family flat located in a desirable Detroit neighborhood is a prime opportunity for investors or homeowners looking to put their personal touch on a property with great potential. With a little TLC, this residence can be transformed into a charming home or a profitable rental.

    Victoria Guznack House of Realty LLC

    12642 Chelsea Ave, Detroit, MI 48213

Why Live in Wade

Wade, a residential neighborhood on Detroit’s east side, offers affordable housing options and convenient access to major roads like Interstate 94 and Gratiot Avenue. This quiet community features mostly brick bungalows, cottage-style houses, and some two-story Colonial Revival homes, with many properties boasting spacious front porches. The area has a neighborly, urban feel with houses built close together and sidewalks enhancing walkability. Mature trees provide shade, and vacant lots are scattered throughout. While there are no parks within Wade, residents can visit the nearby 200-acre Chandler Park, which offers a golf course, tennis and pickleball courts, basketball, softball, and soccer fields, a skate park, and the Wayne County Family Aquatic Center. Dining options include Rio’s Coney Island, known for its hot dogs and corned beef sandwiches, and several chain restaurants on Gratiot Avenue. For groceries, Mazen Foods and Farmer John Food Center are both about 1 mile away. Wade’s location provides easy access to downtown Detroit, 6.5 miles via Gratiot Avenue or 9 miles via Interstate 94, and the northern suburbs like St. Clair Shores, 7 miles northeast. Although there are no bus stops within Wade, nearby stops on Harper Avenue and Gratiot Avenue facilitate public transportation.

Home Trends in Wade, MI

Housing Trends

Median Sale Price
$66,500
Median Single Family Sale Price
$77,000
Average Price Per Sq Ft
$54
Number of Homes for Sale
14
Last 12 months Home Sales
26
Months of Supply
6.50
Median List Price
$75,500
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
19%
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