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$ 87,000
Est. payment /mo
New
1350 Drexel Street Detroit, MI 48215
2 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261088588
Year Built 1910
Annual Tax Amount $2,713
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45X108.6
Source Realcomp
Property Description
An opportunity to own a Detroit duplex with immediate rental income and the flexibility to occupy one unit while leasing the other! This two-family property offers approximately 2,360 square feet of above-grade living space, with two spacious units, each featuring three bedrooms and one full bathroom. **The upper unit is vacant and ready for its next occupant**, making this an appealing option for an owner-occupant interested in house hacking or an investor seeking to establish a new lease at current market rates. The lower unit is currently occupied by a month-to-month tenant paying $650 per month, providing an existing income stream with flexibility for future rental planning. The property offers generously sized rooms, separate living accommodations, and a practical layout that supports a variety of ownership strategies. While some cosmetic updates would enhance the interiors, the duplex presents an opportunity to make improvements over time while building long-term value. For buyers considering owner-occupancy, the vacant upper unit provides the convenience of moving into your own space while collecting rent from the lower unit to help offset housing expenses. Investors can explore the property's potential as a two-unit rental, with the opportunity to evaluate future improvements and rental income. Whether you're beginning your real estate investment journey, expanding an existing portfolio, or looking for a property that combines homeownership with income potential, this Detroit duplex offers multiple possibilities. Fenced in lot to the right is included in the sale but the driveway to left is not the owner's property. Schedule your private showing and explore the opportunity! Buyer to verify all property information, rental details, and intended use. Proof of rental income will be available upon request.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction S of Kercheval / E of Conner
Rooms
Basement Daylight
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Water Public
Structure Type Aluminum Siding,Brick,Vinyl Siding
Schools
School District Detroit
Others
Tax ID W21I050476S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/65LD-hyKIoM
Listed by Real Estate One-W Blmfld