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Well-Maintained Duplex Investment
For Sale
$175,000
Pending

4357 W Philadelphia St, Detroit, MI 48204

Two 3-bedroom, 1-bath units with private entrances, shared basement and attic access, and newer gas forced-air furnace.

Property Size2,462 SF
Days on Market51

Property Features for 4357 W Philadelphia St

General Information

Standard status Pending
Size 2,462 SF
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,255

Building Details

Building Size 2,462 SF
Year Built 1916
Units 2
Listing Agency:
Listed By: Matthew Van Popering
Source: Elliman
Added: Jul 9 Changed: Aug 8 Last Checked: Aug 3 at 11:46AM

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 Matthew Van Popering

Investment Insights

Based on property information with market context.

This well-maintained duplex offers two separate 3-bedroom, 1-bath units. Each unit includes a living room, dining room, and full kitchen. The lower unit includes two refrigerators. Both units have private entrances, with shared access to the basement and attic for additional storage.

The upper unit is tenant occupied through April 2027, providing immediate rental income, while the lower unit is described as vacant and available for occupancy. The property is sold as-is and both units are approved for Section 8.

A newer gas forced-air furnace was installed around 2024. A functional duplex layout and existing unit configuration make this property suitable for investors seeking ongoing rental income or owner-occupants looking to offset housing costs.

Key Highlights

  • Well‑maintained duplex built in 1916 with two 3‑bedroom, 1‑bath units
  • Upper unit tenant occupied through April 2027 at $1,300/month; vacant lower unit ready for immediate occupancy
  • Both units are approved for Section 8, offering expanded rental flexibility

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two 3-bedroom, 1-bath units with private entrances, shared basement and attic access, and newer gas forced-air furnace.
Where is this duplex located?
The property is located at 4357 W Philadelphia St Detroit, MI.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1916 with two 3‑bedroom, 1‑bath units; Upper unit tenant occupied through April 2027 at $1,300/month; vacant lower unit ready for immediate occupancy; Both units are approved for Section 8, offering expanded rental flexibility
More about this property
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