Prime multifamily investment opportunity located in Detroit's historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain… Read More momentum.A;A;Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit's residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity.A;A;Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015574, 20261015576, 20261015577, 20261015583, 20261015586, 20261015683 Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of KW Professionals, (734) 459-4700
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multifamily
Square Ft.
2,750
Lot Size
0.1 Acres
Year Built
1926
MLS Number
20261015578
30 Days Snapshot Of 48206
$104k
-16%
(avg) sold price
16
+14%
homes sold
90
+7%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 leased units, 2 three-bedroom units, Built in 1926, Architectural style: Colonial, Duplex, Brick, 2,750 total square feet, 2,750 combined square feet, 1,375 total basement square feet, Unit count: 2
Cooling
Ceiling Fan(s), Window Unit(s)
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 35X120.5
Miscellaneous
Gross scheduled income: $28,000, Income projection: Projected, Monthly rental income: $2,775, Net operating income: $33,300
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