Historic Live-Work
For Sale
$199,000
1124 McKinstry St, Detroit, MI 48209
Two-unit historic building offers potential for storefront or office use with residential space above.
Property Size2,798 SF
Days on Market96
Property Features for 1124 McKinstry St
General Information
Standard status
Active
Size
2,798 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,649
Building Details
Building Size
2,798 SF
Year Built
1910
Stories
2
Units
2
Tenancy
Multi
Listed By:
Sloane Walsh
(313) 963-9891
Source:
Elliman
Added: Jun 3
Changed: Aug 22
Last Checked: Sep 5 at 11:03AM
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 Sloane Walsh
Investment Insights
Based on property information with market context.
Built in 1890 as a storefront with a second-floor apartment, 1124 McKinstry St has since been converted to two residential units and may be adapted for live-work use. The ground floor is currently a partially renovated 2-bedroom, 1-bath apartment, offering room for further improvements. The second floor features a newly renovated 3-bedroom, 1-bath layout with an in-unit washer and dryer.
The building has separately metered utilities for each unit. A new roof was installed in 2023, supporting continued maintenance and preservation of the property.
With its storefront origins and current two-unit configuration, the property can fit buyers looking for a flexible live-work arrangement, or investors seeking residential rental space with clear utility separation. The partially renovated first-floor unit provides an opportunity to tailor finishes and functionality to the next operator or occupant’s needs.
The building has separately metered utilities for each unit. A new roof was installed in 2023, supporting continued maintenance and preservation of the property.
With its storefront origins and current two-unit configuration, the property can fit buyers looking for a flexible live-work arrangement, or investors seeking residential rental space with clear utility separation. The partially renovated first-floor unit provides an opportunity to tailor finishes and functionality to the next operator or occupant’s needs.
Key Highlights
- Historic two‑unit building built in 1910 (originally a storefront with a second‑floor apartment)
- First‑floor partially renovated 2‑bedroom, 1‑bath apartment (separately metered utilities) with opportunity for further improvements
- Second‑floor newly renovated 3‑bedroom, 1‑bath apartment with in‑unit washer and dryer (separately metered utilities)
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 48209, MI
27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value
Market
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit historic building offers potential for storefront or office use with residential space above.
Where is this duplex located?
The property is located at 1124 McKinstry St Detroit, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Historic two‑unit building built in 1910 (originally a storefront with a second‑floor apartment); First‑floor partially renovated 2‑bedroom, 1‑bath apartment (separately metered utilities) with opportunity for further improvements; Second‑floor newly renovated 3‑bedroom, 1‑bath apartment with in‑unit washer and dryer (separately metered utilities)
