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Two-Family Duplex with Separate Entrances
New
For Sale
$125,000

523-525 Fairview St, Detroit, MI 48214

A shared front deck serves two distinct entrances, with updated kitchen cabinetry and a newer furnace with central air.

Property Size2,112 SF
Days on Market7

Property Features for 523-525 Fairview St

General Information

Standard status Active
Size 2,112 SF
Property subtype Investment

Additional Details

Road Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,653

Amenities

deck front porch

Building Details

Building Size 2,112 SF
Year Built 1923
Units 2
Listed By: Stephen L Smiley · License #6501197374
Source: Elliman
Added: Oct 1 Last Checked: Oct 5 at 7:48PM

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 Stephen L Smiley

Investment Insights

Based on property information with market context.

This duplex, built in 1923, is configured for two households with separate entrances opening from a large front deck. Kitchen cabinets have been replaced, and the property has a newer furnace and central air conditioning.

The property is near shopping and two marinas on the Detroit River. Nearby homes are described as newly developed, and the location has a bike score of 66, walk score of 55, and transit score of 45.

Key Highlights

  • Two‑family duplex built in 1923
  • Separate entrances open from a large front deck
  • Newer furnace with central air conditioning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Auto Parts Store Auto Repair Shop

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
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 - A shared front deck serves two distinct entrances, with updated kitchen cabinetry and a newer furnace with central air.
Where is this duplex located?
The property is located at 523-525 Fairview St 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 built in 1923; Separate entrances open from a large front deck; Newer furnace with central air conditioning
More about this property
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