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Renovated Detroit Duplex Investment
For Sale
$199,000
Pending

5044 Fairview Street, Detroit, MI 48213

MULTI_FAMILY - Other - Detroit, MI

Property Size2,160 SF
Lot Size0.07 Acres
Days on Market64

Property Features for 5044 Fairview Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 6, Basement, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 5
Pets allowed Call
Subdivision Fassolds Garden
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions e warren & fairview
Standard status Pending
APN W21I042227S
Size 2,160 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description E FAIRVIEW 9 FASSOLDS GARDEN SUB L27 P54 PLATS, W C R 21/564 31 X 100.5
Tax Annual Amount 2199
Legal Description E FAIRVIEW 9 FASSOLDS GARDEN SUB L27 P54 PLATS, W C R 21/564 31 X 100.5

Utilities

Heating system Forced Air

Building Details

Year built 1924
Floors in Building 2
Number of units 2
Building materials Vinyl
Architectural style Other
Listing Agency: Realtyflo Inc
Listed By: Marta Kopania · License #6501424283
Added: May 29 Changed: Jul 29 Last Checked: Jul 31 at 12:06AM
MLS# 20261039447

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.

The property at 5044 Fairview Street is a fully renovated duplex in Detroit, presenting a turnkey investment opportunity. Each of the two units includes 3 bedrooms and 1 bathroom. The units feature updated living spaces, renovated kitchens, new flooring, freshly installed carpet, and fresh paint throughout. Significant capital improvements have been completed, including updated electrical and plumbing, along with recently serviced furnaces and water heaters. Both units are currently leased with Section 8 tenants, generating $2,677 per month. The tenants are responsible for all utilities except water. The property is located near schools, neighborhood amenities, and freeway access. The lot size is 0.07 acres, and the property size is 2160 square feet. The property is zoned for multi-family use.

Key Highlights

  • Fully renovated duplex with both units leased to Section 8 tenants
  • Each unit has 3 bedrooms and 1 bathroom, with renovated kitchens, new flooring, fresh carpet, and fresh paint
  • Major updates include updated electrical and plumbing, plus recently serviced furnaces and water heaters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Gym & Fitness Center

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
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

207
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Turnkey duplex in Detroit with reliable cash flow.
Where is this duplex located?
The property is located at 5044 Fairview Street Detroit, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Fully renovated duplex with both units leased to Section 8 tenants; Each unit has 3 bedrooms and 1 bathroom, with renovated kitchens, new flooring, fresh carpet, and fresh paint; Major updates include updated electrical and plumbing, plus recently serviced furnaces and water heaters
More about this property
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