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    Renovated Multi-Family Home, Bagley District Title is generated by Realmo AI

    17144 Greenlawn Street, Detroit, MI 48221

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    Claim this Listing
    For Sale
    $324,999

    MULTI_FAMILY - Other - Detroit, MI

    Property size:
    2,431 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $133/SF
    Added:
    Apr 24, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 24 at 5:06 pm

    Property Features for 17144 Greenlawn Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bedroom 7, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 2
    Pets allowed
    Call
    Interior features
    Laundry Facility
    Exterior features
    Fenced
    Fencing
    Fenced
    Standard status
    Active
    APN
    W16I029460S
    Size
    2,431 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Description
    E GREENLAWN 303 AURORA PARK SUB L44 P56 PLATS, W C R 16/281 35 X 128.66A
    Tax Annual Amount
    1977

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Contact an agent
    Lorenzo Sparks

    Listing agent Lorenzo Sparks License #6501412951

    Listing office KW Metro 423 S Washington Ave, Royal Oak, MI

    Listing date Apr 24, 2026

    MLS# 20261028479 Listing URL

    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.

    HighLights

    • Fully renovated two‑family home in the desirable Bagley neighborhood
    • Major mechanical updates including new plumbing, electrical, HVAC systems, roof, and siding
    • Lower unit: 4 bedrooms, 2 baths; Upper unit: 3 bedrooms, 1 bath - both with modern renovations.
    • Updated kitchens with new cabinetry, quartz countertops, and appliance hookups
    • Rare 3‑car garage and fully fenced shared yard
    • Prime location near University of Detroit Mercy, Livernois Avenue of Fashion, and Downtown Detroit

    Overview

    This renovated two-family home is located in Detroit's Bagley neighborhood. The property features two units, suitable for investors, owner-occupants, or multigenerational living. The lower unit includes 4 bedrooms and 2 full baths, while the upper unit offers 3 bedrooms and 1 full bath. Both units have been redesigned with tall ceilings, recessed lighting, luxury vinyl plank flooring, and a wood-burning fireplace. Each kitchen has been updated with cabinetry, quartz countertops, and appliance hookups. The bathrooms have been renovated with modern finishes. Mechanical updates include new plumbing, electrical, and HVAC systems, along with a new roof and siding. The property also features a basement with storage and washer/dryer hookups, a fenced shared yard, and a 3-car garage. The property is located minutes from University of Detroit Mercy and Livernois Avenue of Fashion, and a short drive from Downtown Detroit. The property size is 2431 square feet and the lot size is 0.1 acres. A 24-hour monitored surveillance system is in place. The furnace and hot water heater will be installed at closing. The property is zoned for multi-family use.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $42.3k $17.40
    − Vacancy −$2.6k −$1.07
    EGI $39.7k $16.33
    − OpEx −$11.9k −$4.90
    NOI $27.8k $11.43
    2,431 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $396.9K
    $347.3K – $463.1K (±1% cap)
    NOI $27,783 @ 7.0% cap · market cap 8.55%
    Second Best
    Apartment 5plus
    $364.3K
    $318.8K – $425.1K (±1% cap)
    NOI $25,503 @ 7.0% cap · market cap 7.85%
    Theoretical Best
    Office A
    $536.3K
    $469.3K – $625.7K (±1% cap)
    NOI $37,540 @ 7.0% cap · market cap 11.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.150838
    Latitude
    42.41784

    FAQs

    What type of property is this?
    Duplex - Two updated units near University of Detroit Mercy.
    Where is this duplex located?
    The property is located at 17144 Greenlawn Street Detroit, MI.
    What is the asking price?
    The asking price for this property is $324,999.
    What are key features of this property?
    This property features: Fully renovated two‑family home in the desirable Bagley neighborhood; Major mechanical updates including new plumbing, electrical, HVAC systems, roof, and siding; Lower unit: **4 bedrooms, 2 baths**; Upper unit: **3 bedrooms, 1 bath** - both with modern renovations.
    More about this property
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