Two-Unit Duplex Income
For Sale
$62,900
14140 Seymour Street, Detroit, MI 48205
Two-bedroom, one-bath duplex with a 2023 roof, including an upper unit currently cash flowing and a lower unit ready for turnover.
Property Size1,964 SF
Price / SF$32.03
Days on Market123
Property Features for 14140 Seymour Street
General Information
Standard status
Active
Size
1,964 SF
Property subtype
Residential Income / Multi Family
Taxes and HOA fees
Annual Taxes
$1,695
Amenities
Forced Air, Natural Gas
true
Yes
Building Details
Year Built
1926
Buildings
1
Listing Agency:
Grant and Main, LLC
Listed By:
Stacey Leid · License #6501359056
(586) 634-4652
Source:
Compass
Added: May 15
Changed: Sep 13
Last Checked: Sep 14 at 12:32PM
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 Grant and Main, LLC
Investment Insights
Based on property information with market context.
This duplex offers two separate two-bedroom, one-bath units, with the upper and lower spaces described as the same size. The upper unit is noted as cash flowing, while the lower unit is vacant following a tenant move-out and will require a small turn to be ready for the next tenant. Recent improvements include a new roof completed in 2023, along with foundation repairs also completed in 2023.
From a daily access standpoint, the provided scores indicate a somewhat bikeable environment (BikeScore 49), a car-dependent setting (WalkScore 42), and a moderate transit profile (TransitScore 46). These factors can matter for tenant fit and leasing strategy depending on whether occupants rely more on driving, walking, or transit.
For investors or owner-occupants, the property provides immediate income from the upper unit, paired with an opportunity to stabilize the lower unit through turnover work. The documented roof and foundation repairs from 2023 are also useful considerations when underwriting near-term capex and maintenance planning. If you’re evaluating a straightforward duplex structure with two matched units, this layout and improvement history may align with your income and renovation approach.
From a daily access standpoint, the provided scores indicate a somewhat bikeable environment (BikeScore 49), a car-dependent setting (WalkScore 42), and a moderate transit profile (TransitScore 46). These factors can matter for tenant fit and leasing strategy depending on whether occupants rely more on driving, walking, or transit.
For investors or owner-occupants, the property provides immediate income from the upper unit, paired with an opportunity to stabilize the lower unit through turnover work. The documented roof and foundation repairs from 2023 are also useful considerations when underwriting near-term capex and maintenance planning. If you’re evaluating a straightforward duplex structure with two matched units, this layout and improvement history may align with your income and renovation approach.
Key Highlights
- Two‑bedroom, one‑bath duplex with two units (upper and lower) of the same size
- 2023 roof replacement
- Foundation repairs completed in 2023
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, one-bath duplex with a 2023 roof, including an upper unit currently cash flowing and a lower unit ready for turnover.
Where is this duplex located?
The property is located at 14140 Seymour Street Detroit, MI.
What is the asking price?
The asking price for this property is $62,900.
What are key features of this property?
This property features: Two‑bedroom, one‑bath duplex with two units (upper and lower) of the same size; 2023 roof replacement; Foundation repairs completed in 2023
