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    2505 W Buena Vista St Detroit, MI 48238

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    For Sale
    $69,000

    Multifamily property with income potential in a growing neighborhood.

    Lot size:
    0.10 Acres

    Property Features for 2505 W Buena Vista St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1925

    Source: Simon & Associates Real Estate Agent Munassar Shariff

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

    Overview

    Multifamily Property in Growing Neighborhood

    This multifamily property features two spacious units. One unit is currently leased, providing immediate rental income. The other unit is vacant and suitable for renovation or a new tenant. The property is located near Linwood and W Division, with convenient access to shopping, dining, schools, and major highways. This property is suited for investors or flippers looking to expand their rental portfolio or undertake a flip project.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1194475
    Latitude
    42.391073

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    FAQs

    What type of property is this?
    Duplex - Multifamily property with income potential in a growing neighborhood.
    Where is this duplex located?
    The property is located at 2505 W Buena Vista St Detroit, MI.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - Multifamily property with two spacious units; - One unit is currently leased, providing immediate rental income; - The second unit is vacant, offering renovation or tenant placement potential
    (313) 604-5757
    Request Owner's contact information
    2505 W Buena Vista St Detroit, MI 48238
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    Detroit, MI 48238
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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
    2505 W Buena Vista St Detroit, MI 48238
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