Renovated 2-Unit Duplex with
For Sale
$60,000
12762 Meyers, Detroit, MI 48227
Two separate units with updated electrical, plumbing, and siding, plus private driveway and fenced yard.
Property SizeContact for details
Days on Market57
Property Features for 12762 Meyers
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,117
Building Details
Year Built
1925
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Helping Hands Realty LLC
(248) 755-1124
Listed By:
John Wallen · License #6501288962
(248) 755-1124
Source:
Elliman
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 12 at 5:24AM
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 Helping Hands Realty LLC
Investment Insights
Based on property information with market context.
This 2-unit duplex offers a main-floor two-bedroom apartment and an upstairs one-bedroom unit. The home has seen substantial updates, including new electric panels and wiring, updated plumbing throughout, and newer vinyl siding, trim, windows, gutters, and downspouts. Interior flooring is 3/4-inch solid oak. The property includes separate electric and gas meters, as well as separate washer and dryer hookups with laundry tubs. In the basement, block walls appear to be newer, including a solid block support wall that helps create privacy and separate storage.
A private side driveway leads to the fenced yard. The yard is described as having no trees.
The layout supports multiple ways to use or operate the property, with an upstairs living room, dining room, and kitchen accompanying the one bedroom; the information also notes the possibility of making a second bedroom upstairs. Note that the property needs a furnace, so conventional financing may require rehab funds or the furnace to be installed before appraisal.
A private side driveway leads to the fenced yard. The yard is described as having no trees.
The layout supports multiple ways to use or operate the property, with an upstairs living room, dining room, and kitchen accompanying the one bedroom; the information also notes the possibility of making a second bedroom upstairs. Note that the property needs a furnace, so conventional financing may require rehab funds or the furnace to be installed before appraisal.
Key Highlights
- 1925‑built 2‑unit home with separate electric and gas meters
- Approximately $27,000 in updates spent last year, including new electric panels and wiring
- Plumbing throughout updated; newer vinyl siding, trim, windows, gutters, and downspouts
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 48227, MI
40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
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 - Two separate units with updated electrical, plumbing, and siding, plus private driveway and fenced yard.
Where is this duplex located?
The property is located at 12762 Meyers Detroit, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 1925‑built 2‑unit home with separate electric and gas meters; Approximately $27,000 in updates spent last year, including new electric panels and wiring; Plumbing throughout updated; newer vinyl siding, trim, windows, gutters, and downspouts
