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Brick Duplex with Two Occupied Units
New
For Sale
$125,000

15340 Ward Ave, Detroit, MI 48227

Two-level brick duplex with matching two-bedroom, one-bathroom residences near Fenkell Avenue.

Property Size1,926 SF
Price / SF$64.90
Days on Market3

Property Features for 15340 Ward Ave

General Information

Standard status Active
Size 1,926 SF
Property subtype Multi-Family

Financials

Gross Income $20,400
Average Monthly Rent $850

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1929
Construction brick
Listing Agency: Rch Brokerage Legacy Inc
Listed By: Oak & Stone Real Estate
Source: Oakandstonerealestate
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 29 at 7:29PM

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 Rch Brokerage Legacy Inc

Investment Insights

Based on property information with market context.

Built in 1929, this 1,926-square-foot brick duplex contains two separate residences arranged as upper and lower units. Each apartment provides two bedrooms and one bathroom, and both units are currently occupied. The building’s traditional masonry exterior and straightforward two-family layout offer a clearly defined residential configuration.

The property is located at 15340 Ward Ave in Detroit, near Fenkell Avenue and major roads. Its proximity to nearby amenities supports convenient access for residents while maintaining a dedicated two-unit format.

Key Highlights

  • Two‑family duplex with separate upper and lower units
  • Both units currently occupied
  • Each unit includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Electrical Service Parking Lot & Garage Gym & Fitness Center

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

553
Businesses Nearby

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

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-level brick duplex with matching two-bedroom, one-bathroom residences near Fenkell Avenue.
Where is this duplex located?
The property is located at 15340 Ward Ave Detroit, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑family duplex with separate upper and lower units; Both units currently occupied; Each unit includes 2 bedrooms and 1 bathroom
More about this property
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