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Duplex with Foundation Issues
For Sale
$125,000

56 Redman Road, Milan, MI 48160

Two-unit residential property with one vacant unit and significant foundation repairs needed; offered in as-is condition.

Property SizeContact for details
Days on Market497

Property Features for 56 Redman Road

General Information

Standard status Active
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence Major foundation issues

Units

Unit Mix 1 x 3BR/1BA, 1 x 4BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,172

Building Details

Year Built 1900
Buildings 1
Listing Agency: Jodie Franklin Realty LLC
Listed By: Jodie Franklin · License #6502422937
Source: Exitrealty
Added: Apr 21, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:22AM

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 Jodie Franklin Realty LLC

Investment Insights

Based on property information with market context.

This duplex, built in 1900, contains two residential units with different bedroom configurations. Unit 56 offers three upper-level bedrooms, one bathroom, and 1,000 square feet and is vacant. Unit 2 includes four bedrooms, with one on the main level and three upstairs, plus one bathroom and 1,322 square feet. The property has major foundation issues and is being sold as-is.

Located at 56 Redman Road in Milan City, Michigan, the property includes one vacant unit and one occupied unit. Interior photographs were taken before the tenant moved into the occupied residence.

Key Highlights

  • Two‑unit duplex at 56 Redman Road, Milan City, MI 48160
  • Built in 1900
  • Unit 56: 3 upper bedrooms, 1 bath, 1,000 sqft, currently vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store Spa & Massage 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

133
Businesses Nearby

Demographics for 48160, MI

14,097
Population
5,224
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
77.9 sq mi
ZIP Area
181
Density / Sq Mi
$99,383
Median Household Income
$40,170
Median Earnings
$1,097
Median Rent
$251,800
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-unit residential property with one vacant unit and significant foundation repairs needed; offered in as-is condition.
Where is this duplex located?
The property is located at 56 Redman Road Milan, 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‑unit duplex at 56 Redman Road, Milan City, MI 48160; Built in 1900; Unit 56: 3 upper bedrooms, 1 bath, 1,000 sqft, currently vacant
More about this property
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