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    5066 Coplin St Detroit, MI 48213

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    For Sale
    $90,000

    Four-unit multifamily property in Detroit's revitalizing Chandler Park neighborhood.

    Lot size:
    0.10 Acres

    Property Features for 5066 Coplin St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1929

    Source: Detroit Progress Realty LLC Agent Mikhail Grigoryan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Side Multifamily Investment Opportunity

    This multifamily property, located on Detroit's East Side in the Chandler Park neighborhood, features four units. Each unit includes one bedroom, one bathroom, a living room, a dining room, and a kitchen. The property is situated on East Warren Avenue, which is undergoing a major revitalization as part of the East Warren/Cadieux Neighborhood Plan. This plan aims to stabilize housing, boost local businesses, and improve public spaces. The streetscape has been redesigned to enhance pedestrian safety and accessibility. New commercial and mixed-use developments are bringing retail, housing, and community spaces to the area. The seller is also offering a neighboring, identical four-unit building for sale, presenting an opportunity to acquire a package of eight total units.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9644666
    Latitude
    42.3945967

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Detroit's revitalizing Chandler Park neighborhood.
    Where is this quadplex located?
    The property is located at 5066 Coplin St Detroit, MI.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Four-unit multifamily property.; - Located in the East Warren/Cadieux Neighborhood Plan revitalization area.; - Each unit has 1 bedroom, 1 bathroom, living room, dining room and kitchen.
    (313) 888-6060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5066 Coplin St Detroit, MI 48213
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