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Brick Duplex with Garage
For Sale
$130,000

12622 Promenade Street, Detroit, MI 48213

Multifamily, 1 1/2 Story, Detroit, MI

Property Size1,540 SF
Lot Size0.12 Acres
Price / SF$84.42
Days on Market14

Property Features for 12622 Promenade Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bathroom 2
Pets allowed Yes
Interior features Laundry Facility
Subdivision Stevens Estate Sub 1Plats
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions E on Gratiot to Outer Dr, S on Outer Dr to Park Rd, W on Park Rd to Promenade, N on Promenade to address
Standard status Active
APN W21I008834S
Size 1,540 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S PROMENADE 293 STEVENS ESTATE SUB NO 1 L45 P29 PLATS, W C R 21/672 35 X 148.6A
Tax Annual Amount 2592
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. S PROMENADE 293 STEVENS ESTATE SUB NO 1 L45 P29 PLATS, W C R 21/672 35 X 148.6A

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1951
Floors in Building 2
Number of units 2
Building materials Brick
Architectural style Bungalow
Listing Agency: EXP Realty Main
Listed By: Danny Peterson · License #6501264210
Added: Sep 1 Changed: Sep 13 Last Checked: Sep 14 at 9:06AM
MLS# 20261069348

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,540-square-foot brick duplex is arranged as two residential units within a bungalow-style building constructed in 1951. The lower unit includes two bedrooms, a kitchen, living room, dining area, and bathroom. The upper unit provides one bedroom, kitchen, living space, and an additional bedroom area. Both units share a full basement equipped with two furnaces and two water heaters.

The property includes a detached two-car garage and a 0.12-acre lot. Interior features include a laundry facility, while cooling is provided by ceiling fans. The building is served by public water and is designated Multi-Family under the stated zoning.

Key Highlights

  • Two‑unit duplex with 1,540 square feet of building area
  • Lower unit includes 2 bedrooms, kitchen, living room, dining area, and bathroom
  • Upper unit includes 1 bedroom, kitchen, living space, and bedroom area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Building Supply Gym & Fitness Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

172
Businesses Nearby

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate living units with a shared basement, forced-air heating, and public water service.
Where is this duplex located?
The property is located at 12622 Promenade Street Detroit, MI.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,540 square feet of building area; Lower unit includes 2 bedrooms, kitchen, living room, dining area, and bathroom; Upper unit includes 1 bedroom, kitchen, living space, and bedroom area
More about this property
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