Located in Detroit's established Oakman neighborhood, this two-unit multi-family property presents a strong opportunity for investors or owner-occupants seeking income stability and long-term upside.A;A;Each unit offers 2 bedrooms and 1 full bath with private entrances, providing tenant privacy and flexibility. The upper unit features hardwood floors, a private balcony, and… Read More classic Detroit character. The lower unit includes an updated bathroom, tile finishes, carpeting, and access to a covered front porch. A full basement adds additional storage and long-term value potential.A;A;Oakman is known for its durable housing stock and consistent rental demand, driven by proximity to major thoroughfares, Southfield Freeway access, and convenient routes to Downtown Detroit. Two-bedroom units in this corridor continue to attract steady tenant interest, supporting strong rent durability.A;With both units currently vacant, buyers have immediate flexibility - lease both units at market rent for maximum income potential or occupy one unit while generating rental income from the other. At $112,500, this property offers a strategic entry point into Detroit's multi-family market, where well-positioned duplexes continue to provide strong investment potential and long-term income stability. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of VM Real Estate Group, (586) 797-0999
Listing Snapshot
Days Online
42
Last Updated
Property Type
Multifamily
Square Ft.
1,928
Lot Size
0.1 Acres
Year Built
1923
MLS Number
20261009287
30 Days Snapshot Of 48238
$66k
+6%
(avg) sold price
15
+87%
homes sold
108
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Interior Entry, Unfinished, Common, Basement?: 1
Building
2 total units, 1 leased unit, 2 two-bedroom units, Built in 1923, Architectural style: Colonial, Duplex, Upper/Lower Apartment, Aluminum, 1,928 total square feet, 1,928 combined square feet, 964 total basement square feet, Unit count: 2
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