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Brick Duplex with Finished Basement
For Sale
$249,000
Pending

17416 Indiana St, Detroit, MI 48221

Updated mechanical systems support two distinct residential floor plans with added basement utility space.

Property Size4,174 SF
Days on Market129

Property Features for 17416 Indiana St

General Information

Standard status Pending
Size 4,174 SF
Total Parking Spaces 2
Property subtype Investment

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,183

Amenities

finished basement
recreation room
laundry room
private storage
Juliette balcony
walk-out balcony

Building Details

Building Size 4,174 SF
Year Built 1938
Units 2
Construction brick
Listed By: Jason Hill
Source: Elliman
Added: May 9 Changed: Aug 31 Last Checked: Sep 14 at 8:06AM

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 Jason Hill

Investment Insights

Based on property information with market context.

This 1938 brick duplex occupies a corner lot in Detroit’s Bagley Community District. The lower residence provides a three-bedroom arrangement with a kitchen and breakfast nook, while the upper residence offers two bedrooms, a Juliette balcony, and a separate rear walk-out balcony. The finished basement adds a recreation room, laundry area with washer and dryer, and private storage assigned to each unit.

Both residences have updated electrical panels, forced-air furnaces, and hot water tanks. A two-car garage completes the property. The home is within walking distance of the School at Marygrove and is near University of Detroit Jesuit High School and Academy, University of Detroit Mercy, and the University of Michigan LEAPS program. WalkScore is 56, BikeScore is 43, and TransitScore is 49.

Key Highlights

  • Two‑family brick property built in 1938 on a prominent corner lot
  • Separate 3‑bedroom and 2‑bedroom residential floor plans
  • Finished basement with recreation room, laundry room, and private unit storage

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Food Market

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

503
Businesses Nearby

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Updated mechanical systems support two distinct residential floor plans with added basement utility space.
Where is this duplex located?
The property is located at 17416 Indiana St Detroit, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑family brick property built in 1938 on a prominent corner lot; Separate 3‑bedroom and 2‑bedroom residential floor plans; Finished basement with recreation room, laundry room, and private unit storage
More about this property
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