Two-Unit Residential Income Duplex

12762 Meyers Detroit, MI 48227

Claim this Listing
For Sale
$60,000

MULTI_FAMILY - Detroit, MI

Lot size:
0.09 Acres
Added:
Jun 12, 2026
Days on Market:
31
Last Refresh:
Jul 12 at 6:06 am

Property Features for 12762 Meyers

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2
Parking
2
Basement
Full
Standard status
Active
APN
16045891.
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
E MEYERS 553 GLENDALE GARDENS SUB L33 P24 PLATS, W C R 16/242 40 X 101
Tax Annual Amount
2117

Utilities

Heating system
Forced Air, Wall Furnace

Building Details

Year built
1925
Number of units
2
Building materials
Vinyl Siding

Listing agent John Wallen License #6501288962

Listing office Michigan Dream Homes, LLC 26300 Ford Rd, Suite 164, Inkster, MI

Listing date Jun 12, 2026

MLS# 26029210 Listing URL

Copyright © 2026 Michigan Regional Information Center, LLC. 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 two-unit duplex offers a main-floor two-bedroom residence and an upstairs one-bedroom unit. Each unit has separate electric and gas meters. Updates reported include new electric panels and wiring, plumbing throughout, and newer vinyl siding with updated trim, windows, gutters, and downspouts. Interior finishes include 3/4-inch thick solid oak flooring throughout. The basement is described as having newer block walls, a solid block support wall, and separate areas that support privacy and storage, along with separate washer and dryer hookups and laundry tubs. A private side driveway and fenced yard round out the property. The home is reported as needing a furnace.

The property is located in Detroit, MI 48227, on a 0.09-acre lot. Off-street access is provided via a private side driveway, and the outdoor space is enclosed by a fenced yard. No additional neighborhood context, frontage details, or nearby tenants are provided in the listing materials.

For buyers looking for a residential income asset, the two separate units and separate utility metering can simplify operations compared with single-meter setups. The reported recent electrical and plumbing work, along with exterior improvements, may reduce near-term maintenance needs. Prospective owners should plan for furnace installation, as the listing notes the requirement for financing and appraisal considerations before a conventional mortgage can proceed without additional rehab funds.

Key Highlights

  • 2‑unit home built in 1925 with separate electric and gas meters
  • Main floor: spacious 2‑bedroom unit; upstairs: spacious 1‑bedroom unit with larger living room, dining room, and kitchen
  • 2024 upgrades reported: new electric panels and wiring plus plumbing throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Electrical Service Skin Care Clinic Gym & Fitness Center Garden Center Furniture & Home Goods Parking Lot & Garage Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A two-unit duplex with separate utility meters and recent exterior updates, designed for income or owner-occupant flexibility.
Where is this duplex located?
The property is located at 12762 Meyers Detroit, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 2‑unit home built in 1925 with separate electric and gas meters; Main floor: spacious 2‑bedroom unit; upstairs: spacious 1‑bedroom unit with larger living room, dining room, and kitchen; 2024 upgrades reported: new electric panels and wiring plus plumbing throughout
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