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12762 Meyers, Detroit, MI, 48227
Two-Unit Residential Income Duplex

12762 Meyers Detroit, MI 48227

For Sale
$60,000

MULTI_FAMILY - Detroit, MI

Lot Size0.09 Acres
Days on Market49

Property Features for 12762 Meyers

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 3
Parking 2
Basement Full
Standard status Active
APN 16045891.
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description E MEYERS 553 GLENDALE GARDENS SUB L33 P24 PLATS, W C R 16/242 40 X 101
Tax Annual Amount 2117

Utilities

Heating system Forced Air, Wall Furnace

Building Details

Year built 1925
Number of units 2
Building materials Vinyl Siding
Listing Agency: Michigan Dream Homes, LLC
Listed By: John Wallen · License #6501288962
Added: Jun 12 Changed: Jul 25 Last Checked: Jul 30 at 11:06AM
MLS# 26029210

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex offers a main-floor two-bedroom residence and an upstairs one-bedroom unit. Each unit has separate electric and gas meters. Updates reported include new electric panels and wiring, plumbing throughout, and newer vinyl siding with updated trim, windows, gutters, and downspouts. Interior finishes include 3/4-inch thick solid oak flooring throughout. The basement is described as having newer block walls, a solid block support wall, and separate areas that support privacy and storage, along with separate washer and dryer hookups and laundry tubs. A private side driveway and fenced yard round out the property. The home is reported as needing a furnace.

The property is located in Detroit, MI 48227, on a 0.09-acre lot. Off-street access is provided via a private side driveway, and the outdoor space is enclosed by a fenced yard. No additional neighborhood context, frontage details, or nearby tenants are provided in the listing materials.

For buyers looking for a residential income asset, the two separate units and separate utility metering can simplify operations compared with single-meter setups. The reported recent electrical and plumbing work, along with exterior improvements, may reduce near-term maintenance needs. Prospective owners should plan for furnace installation, as the listing notes the requirement for financing and appraisal considerations before a conventional mortgage can proceed without additional rehab funds.

Key Highlights

  • 2‑unit home built in 1925 with a spacious 2‑bedroom main floor and a 1‑bedroom upper unit
  • $27,000 in updates last year including all‑new electric panels & wiring and plumbing throughout
  • Newer vinyl siding, trim, windows, and gutters & downspouts

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Electrical Service Skin Care Clinic Gym & Fitness Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - A two-unit duplex with separate utility meters and recent exterior updates, designed for income or owner-occupant flexibility.
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: 2‑unit home built in 1925 with a spacious 2‑bedroom main floor and a 1‑bedroom upper unit; $27,000 in updates last year including all‑new electric panels & wiring and plumbing throughout; Newer vinyl siding, trim, windows, and gutters & downspouts
More about this property
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