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    14861 Saint Marys St Detroit, MI 48227

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    For Sale
    $249,900

    Fully renovated multi-family home with income potential in Detroit.

    Lot size:
    0.11 Acres

    Property Features for 14861 Saint Marys St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1926

    Source: DRP Realtors LLC Agent Tina Jandou

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

    Overview

    Renovated Detroit Multi-Family Home

    This fully renovated multi-family property is located on Detroit's west side. Each of the two spacious units features 3 bedrooms, 1 full bath, a large living room, a formal dining room, and a modern kitchen. The units are suitable for tenants or multi-generational living. Both units feature new plumbing, electrical systems, paint, flooring, quartz countertops, and stainless-steel appliances. Each unit has its own basement and separate meters for water and heat. The property includes ample parking space with room to build a garage. There is a large attic ready to be converted into a loft or additional living area. The potential rental income is $1,400+ per unit, making it a potential opportunity for investors seeking returns and low maintenance.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -83.20676
    Latitude
    42.39832

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    FAQs

    What type of property is this?
    Duplex - Fully renovated multi-family home with income potential in Detroit.
    Where is this duplex located?
    The property is located at 14861 Saint Marys St Detroit, MI.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Fully renovated multi-family home: Turnkey investment with no immediate repairs needed.; - Excellent income potential: $1,400+ potential rental income per unit.; - Two spacious units: Each unit has 3 bedrooms, 1 bath, living room, dining room, and modern kitchen.
    (248) 832-0508
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    14861 Saint Marys St Detroit, MI 48227
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    Detroit, MI 48227
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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
    14861 Saint Marys St Detroit, MI 48227
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