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Two-Unit Duplex with Basement
For Sale
$62,000

9421 RAVENSWOOD Street, Detroit, MI 48204

Vacant upper and lower flats require bathroom fixture and heating-system updates.

Property Size1,936 SF
Price / SF$32.02
Days on Market624

Property Features for 9421 RAVENSWOOD Street

General Information

Standard status Active
Size 1,936 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $1,006

Building Details

Year Built 1917
Listing Agency: RE/MAX Leading Edge
Listed By: Edwin Vento
Source: Exitrealty
Added: Dec 17, 2024 Changed: Sep 2 Last Checked: Sep 1 at 2:50PM

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 RE/MAX Leading Edge

Investment Insights

Based on property information with market context.

This vacant duplex contains 1,936 square feet arranged as an upper flat and a lower flat, with 2 bedrooms and 1 full bath in each unit. A basement provides additional storage or utility space. Built in 1917, the property requires substantial updating, including replacement of bathroom sinks and toilets. The building currently has no furnace or water tanks.

Access is available from I-96 Freeway, W Grand River Ave, and Livernois. Nardin Park is nearby. The two-unit layout and separate upper-and-lower configuration provide a clear framework for renovation, subject to the buyer’s evaluation of building systems and improvements.

Key Highlights

  • Two‑unit duplex with upper and lower flats
  • 1,936 square feet on a 0.??

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon 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.

Location Intelligence

Trade Area within ½ mile

317
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant upper and lower flats require bathroom fixture and heating-system updates.
Where is this duplex located?
The property is located at 9421 RAVENSWOOD Street Detroit, MI.
What is the asking price?
The asking price for this property is $62,000.
What are key features of this property?
This property features: Two‑unit duplex with upper and lower flats; 1,936 square feet on a 0.??
More about this property
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