Brick Duplex on Large Lot

15794 Ohio St, Detroit, MI 48238

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For Sale

$145,000

Two-unit property with stable income and value-add potential.

Type:Investment

Property size:

1,100 SF

Price / SF:

$131/SF

HighLights

Immediate, stable income from long‑term tenant in lower unit.
Upper unit offers flexibility for owner‑occupancy or value‑add potential.
Separate furnaces and hot water tanks for each unit, reducing owner expenses.
Spacious units with approximately 1,100 square feet of living space each.
Large lot and spacious yard with added privacy on a quiet street.
Convenient location with easy access to major roadways and employment corridors.

We can help!

Listing Contact

Sydney Gonder

Learn more

For Sale

$145,000

Two-unit property with stable income and value-add potential.

Type:Investment

Property size:

1,100 SF

Price / SF:

$131/SF

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:35 pm

Property Features for 15794 Ohio St

General Information

Standard status: Active
Size: 1,100 SF
Property subtype: Investment

Building Details

Year Built: 1928

We can help!

Listing Contact

Sydney Gonder

Listing agent Sydney Gonder License #6501463602

Listing office @propertiesChristie's Int'l RE

Listing date Apr 24, 2026

Source Elliman

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 @propertiesChristie's Int'l RE

HighLights

Immediate, stable income from long‑term tenant in lower unit.
Upper unit offers flexibility for owner‑occupancy or value‑add potential.
Separate furnaces and hot water tanks for each unit, reducing owner expenses.
Spacious units with approximately 1,100 square feet of living space each.
Large lot and spacious yard with added privacy on a quiet street.
Convenient location with easy access to major roadways and employment corridors.

Overview

This brick duplex is located at the end of a quiet street and features a large lot with a spacious yard, providing added privacy. Each unit includes 2 bedrooms and 1 full bathroom, with approximately 1,100 square feet of living space. The units offer functional layouts and rental appeal. The lower unit is occupied by a long-term tenant, providing immediate, stable income. The upper unit offers flexibility for owner-occupancy or value-add potential. Each unit has separate furnaces and hot water tanks, allowing for independent utilities. The property showcases classic architectural character, including hardwood floors, generous room sizes, and abundant natural light throughout. The location provides easy access to major roadways and employment corridors. Strong rental demand in the area makes this an attractive opportunity for both new and seasoned investors seeking consistent cash flow with upside potential. The bike score is 48, indicating it is somewhat bikeable. The walk score is 60, indicating it is somewhat walkable. The transit score is 47, indicating some transit options are available.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$19.1k	$17.40
− Vacancy	−$1.2k	−$1.07
EGI	$18.0k	$16.33
− OpEx	−$5.4k	−$4.90
NOI	$12.6k	$11.43

1,100 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$179.6K

$157.1K – $209.5K (±1% cap)

NOI $12,571 @ 7.0% cap · market cap 8.67%

Second Best

Apartment 5plus

$164.9K

$144.3K – $192.3K (±1% cap)

NOI $11,540 @ 7.0% cap · market cap 7.96%

Theoretical Best

Office A

$242.7K

$212.3K – $283.1K (±1% cap)

NOI $16,986 @ 7.0% cap · market cap 11.71%

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

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.1552644
Latitude: 42.4077709

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For sale
Duplexes
MI
Detroit
48238
15794 Ohio St

What type of property is this?

Duplex - Two-unit property with stable income and value-add potential.

Where is this duplex located?

The property is located at 15794 Ohio St Detroit, MI.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: Immediate, stable income from long‑term tenant in lower unit.; Upper unit offers flexibility for owner‑occupancy or value‑add potential.; Separate furnaces and hot water tanks for each unit, reducing owner expenses.