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Renovated Four-Unit Brick Quadplex

14028 Faircrest St, Detroit, MI 48205

For Sale
$199,900

Two-story layout includes a basement, a Certificate of Compliance, and four occupied apartments.

Property Size3,024 SF
Days on Market56

Property Features for 14028 Faircrest St

General Information

Standard status Active
Size 3,024 SF
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood Mapleridge

Additional Details

Gross Income $34,020
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,618

Building Details

Building Size 3,024 SF
Year Built 1924
Buildings 1
Stories 2
Units 4
Construction Brick
Tenancy Multi
Listing Agency: Clyde Realty LLC
Listed By: David Rabior · License MI #6501406276
Source: Elliman
Added: Sep 16 Changed: Nov 6 Last Checked: Nov 10 at 7:06AM

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 Clyde Realty LLC

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Investment Insights

Based on property information with market context.

This renovated brick quadplex at 14028 Faircrest St in Detroit contains four apartments across a two-story building with a basement. The property was built in 1924 and is fully occupied, with all units currently rented. A Certificate of Compliance is in place, supporting the building’s current residential use.

The property is located in the 48205 ZIP code. Walk Score is 62, rated Somewhat Walkable; Bike Score is 61, rated Bikeable; and Transit Score is 49, rated Some Transit. The four-unit configuration and completed renovations provide a straightforward multifamily asset with existing occupancy.

Key Highlights

  • Four‑unit brick apartment building
  • Fully occupied with all four units rented
  • Renovated two‑story property with basement

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in Detroit, MI

$52.41 Jul
$69.09 Aug
$59.31 Sep
$49.13 Oct

Properties on Market for Quadplexes in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Two-story layout includes a basement, a Certificate of Compliance, and four occupied apartments.
Where is this quadplex located?
The property is located at 14028 Faircrest St Detroit, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Four‑unit brick apartment building; Fully occupied with all four units rented; Renovated two‑story property with basement
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