Estimated payment $877/month
Exceptional Investment Opportunity in a Thriving Neighborhood!!!Seize the chance to own a cash-generating duplex in one of the most progressive and up-and-coming areas. This fully occupied property, currently home to long-term tenants on month-to-month leases, guarantees immediate cash flow with the potential for continued occupancy.
There are many property highlights that would catch the eye of any savvy investor.
This duplex has modern upgrades each unit has been recently updated in 2024, showcasing sleek, modern bathrooms and kitchens that enhance both aesthetic appeal and functionality.
Enjoy the contemporary flair with newer kitchen cabinets that blend style and efficiency seamlessly.
Rich hardwood floors grace both units, offering a perfect mix of durability and timeless beauty.
This duplex represents an ideal entry point for new investors looking to dive into the real estate market, providing a manageable and lucrative opportunity from day one. For seasoned investors, the potential for impressive returns (ROI) is available in a rapidly growing market.
**Important Note:** Please respect tenant privacy. DO NOT DISTURB OR APPROACH TENANTS. Adhering to tenant rights is crucial and in compliance with leasing laws.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $808 | $27,400 | $0 | $0 |
| 2024 | $808 | $23,200 | $0 | $0 |
| 2023 | $1,029 | $18,800 | $0 | $0 |
| 2022 | $1,085 | $14,500 | $0 | $0 |
| 2021 | $1,060 | $9,000 | $0 | $0 |
| 2020 | $1,060 | $9,700 | $0 | $0 |
| 2019 | $1,047 | $8,700 | $0 | $0 |
| 2018 | $941 | $7,800 | $0 | $0 |
| 2017 | $148 | $7,800 | $0 | $0 |
| 2016 | $1,312 | $14,200 | $0 | $0 |
| 2015 | $1,090 | $14,200 | $0 | $0 |
| 2013 | $1,056 | $16,660 | $0 | $0 |
| 2010 | -- | $24,425 | $626 | $23,799 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | For Sale | $145,000 | -- | $77 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,000 | New Conventional | |
| Previous Owner | $10,000 | Commercial |
$120,000
This well-maintained 2-unit residential property presents an excellent opportunity for first-time homebuyers looking to offset costs with rental income or investors seeking a reliable return. Live in one unit while renting the other to help cover your mortgage, or generate full rental income by leasing both units.
Anthony Djon Anthony Djon Luxury Real Estate
$150,000
Updated two unit beauty with three bedroom/one bath in each unit. Located near the Livernois corridor. House hack this one or rent both in an area seeing amazing growth. New windows. Well maintained and updated. Hardwood floors. Half bath in the basement. Storage in the basement. Upper unit at $1000 month to month. Tenant has paid on time for 14 years of tenancy. Rents $1200-1400 in the immediate
Nancy Rademacher KW Professionals Brighton
$119,000
BRICK DUPLEX Investment Opportunity! Both units feature modern finishes, offering 2 bedrooms, 1 bathroom, a spacious kitchen, and a cozy living room. The lower unit boasts a natural burning fireplace, perfect for chilly evenings. The upper unit includes a private, enclosed, gated balcony off the living room, ideal for relaxing outdoors. Enjoy the large, fenced-in backyard, providing plenty of
Albert Hakim RE/MAX First
$119,900
This move-in ready duplex in the desirable Grandmont neighborhood in Northwest Detroit offers the perfect opportunity to generate rental income or live in one unit while renting the other. Featuring a brand-new roof, full electrical overhaul, fresh paint throughout, updated flooring, and modernized bathrooms, both units are clean & low-maintenance. Each unit has 2 bedrooms and one bathroom with
Jennifer Hemstrom Thrive Realty Company
$139,900
Very Excited To Offer An Opportunity In The Growing Community Of Fox Creek, Near Detroit’s thriving Chandler Park, and Royal Skateland, with just minutes from Downtown, Grosse Pointe, and the Waterfront! Family Neighborhood, Close to Amenities!!! Move Right Into This Multifamily unit, it offers versatile living space featuring 2 spacious units and strong rental income potential. Live In or
Erick Monzo Keller Williams Realty-Great Lakes
$140,000
**WHAT AN INVESTMENT OPPORTUNITY!!**BEAUTIFUL DUPLEX HOME IN CHANDLER PARK ON DETROIT'S EAST SIDE**FIRST FLOOR UNIT HAS LARGE LIVING ROOM**FORMAL DINING ROOM**HARDWOOD FLOORS THROUGHOUT**CHARMING KITCHEN WITH AMPLE STORAGE**3 NICE SIZE BEDROOMS**SECOND FLOOR UNIT OFFERS SPACIOUS LIVING ROOM**FORMAL DINING ON THE SECOND STORY AS WELL**3 FULL BEDS AND FULL BATH IN SECOND STORY UNIT**HUGE BASEMENT
Tim Hillmer Century 21 Curran & Oberski
$120,000
Turnkey Investor Gem in Prime Detroit Location!This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.Both units feature updated interiors, with one already occupied by
Damian Hickman EXP Realty Main
$126,000
LOCTION LOCATION LOCATION !!! MONEY MAKER !!!!Great investment property!!!! LOCATED IN SOUTHWEST DETROIT Enjoy the convenience of being close to fantastic restaurants, shops, major highways, and more. Don't miss the opportunity !
Gaston Munoz Munoz Realty Inc
$169,990
JUST INSTALLED! BRAND NEW ROOF TEAR OFF WITH 40 YEAR WARRANTY! LOCATED JUST 6 MINUTES FROM THE HISTORIC EAST ENGLISH VILLAGE YOU WILL FIND 5856 BARRETT NESTLED ON A 3,833 SQUARE FOOT LOT IN CHANDLER PARK QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL DUPLEX CONSISTS OF 2 RECENTLY REMODELED SECTION 8 UNITS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS 2025 FURNACES AND HOT WATER TANKS. IN ADDITION,
Marta Kopania Realtyflo Inc
Source: Realcomp
MLS Number: 20240041859
APN: 21-050789
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