Marina District Two-Family
For Sale
$215,000
Pending
1508 Montclair St, Detroit, MI 48214
Updated duplex in Detroit's Marina District with income potential.
Property Size2,470 SF
Days on Market103
Property Features for 1508 Montclair St
General Information
Standard status
Pending
Size
2,470 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$1,862
Building Details
Building Size
2,470 SF
Year Built
1913
Units
2
Listing Agency:
O'Connor Realty Detroit, LLC
(248) 376-2231
Listed By:
Daniel Ericksen · License #6501408419
(248) 376-2231
Source:
Elliman
Added: May 20
Changed: Aug 15
Last Checked: Aug 14 at 10:11AM
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 O'Connor Realty Detroit, LLC
Investment Insights
Based on property information with market context.
This updated two-family craftsman-style property is located in the Marina District. The duplex features preserved details and modern updates in the kitchens and bathrooms. It contains two spacious two-bedroom, one-bathroom units, totaling nearly 2,500 square feet of living space. Each unit includes original hardwood floors, wood trim, built-ins, and fireplaces. Both units have separate basement spaces with newer HVAC systems. The upper unit is vacant and available for immediate occupancy. The lower unit is tenant-occupied through July 2026, with a rental income of $1,250 per month. The property is located near Jefferson Avenue and landmarks such as Belle Isle, Pewabic Pottery, Rose's Fine Food, and the Shepherd arts complex, which includes Father Forgive Me, Warda, and the It Takes A Village Skatepark designed by Tony Hawk. The property has a bike score of 49, indicating it is somewhat bikeable, a walk score of 47, indicating car-dependent, and a transit score of 46, indicating some transit options are available. The property is suitable as a house-hack or as an addition to a real estate portfolio.
Key Highlights
- Updated two‑family craftsman in the Marina District with modern kitchens and bathrooms.
- House‑hack opportunity: live in one unit and rent the other for income.
- Immediate cash flow from tenant‑occupied lower unit (lease through July 2026 at $1,250/month).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex in Detroit's Marina District with income potential.
Where is this duplex located?
The property is located at 1508 Montclair St Detroit, MI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Updated two‑family craftsman in the Marina District with modern kitchens and bathrooms.; House‑hack opportunity: live in one unit and rent the other for income.; Immediate cash flow from tenant‑occupied lower unit (lease through July 2026 at $1,250/month).
