Detroit Income Property with Two
For Sale
$31,000
10157 Morley St, Detroit, MI 48204
Two-unit income property with two lots for development.
Days on Market101
Property Features for 10157 Morley St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1928
Listing Agency:
Bellabay Realty Tri-Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Apr 24 at 3:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellabay Realty Tri-Counties
Investment Insights
Based on property information with market context.
This income property features two units, each with two bedrooms, and includes two lots (10169 & 10163 Morley). The house requires a complete rehabilitation. The sale is contingent on a buyer/seller executed development agreement. Proposals must include proof of funds documentation, development timelines, and offer amounts. Renovation experience, whether with DLBA or not, must include addresses and before/after photos. The Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property, which may be incompatible with tax abatements and lot combinations. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The bike score is 47, indicating it is somewhat bikeable. The walk score is 50, indicating it is somewhat walkable. The transit score is 41, indicating some transit options are available.
Key Highlights
- Includes two lots (10169 & 10163 Morley).
- Two‑bedroom income property on each floor.
- Great investment opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit income property with two lots for development.
Where is this duplex located?
The property is located at 10157 Morley St Detroit, MI.
What is the asking price?
The asking price for this property is $31,000.
What are key features of this property?
This property features: Includes two lots (10169 & 10163 Morley).; Two‑bedroom income property on each floor.; Great investment opportunity.
