Duplex with Vacant Upper
For Sale
$84,900
14150 Fairmount Dr, Detroit, MI 48205
Two-unit duplex with a tenant-occupied lower unit and a vacant upper unit, both featuring living rooms and kitchens.
Property Size1,798 SF
Price / SF$47.22
Days on Market67
Property Features for 14150 Fairmount Dr
General Information
Standard status
Active
Size
1,798 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1940
Tenancy
Multi
Listing Agency:
Detroit Investment Company
Listed By:
Mark Hutter · License #6502372594
(734) 469-4607
Source:
Premiermichiganhomesearch
Added: Jul 9
Changed: Sep 10
Last Checked: Sep 12 at 12:04PM
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 Detroit Investment Company
Investment Insights
Based on property information with market context.
This duplex offers two separate units, each with a spacious living room and a large kitchen, plus a shared unfinished basement. The lower unit is currently tenant occupied, with stated monthly rent of $850 and a security deposit of $850, and the tenant is under a lease from 6/9/26 through 6/8/27. The upper unit is currently vacant, and showings should focus on that unit while respecting the current tenant.
The property is located north of E State Fair St and west of Gratiot Ave. Please note the home is sold as-is, dimensions are estimated and should be verified, and all showings require a licensed agent to be present.
The listing also specifies that the buyer will pay a Detroit Investment Co $295 processing fee at closing, and to please do not disturb the lower tenant when viewing the upper unit.
The property is located north of E State Fair St and west of Gratiot Ave. Please note the home is sold as-is, dimensions are estimated and should be verified, and all showings require a licensed agent to be present.
The listing also specifies that the buyer will pay a Detroit Investment Co $295 processing fee at closing, and to please do not disturb the lower tenant when viewing the upper unit.
Key Highlights
- Two‑unit duplex built in 1940 with separate lower and upper units
- Lower unit is tenant occupied with $850/month rent and a $850 security deposit
- Lower unit tenant lease runs 6/9/26 to 6/8/27
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
510
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-unit duplex with a tenant-occupied lower unit and a vacant upper unit, both featuring living rooms and kitchens.
Where is this duplex located?
The property is located at 14150 Fairmount Dr Detroit, MI.
What is the asking price?
The asking price for this property is $84,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1940 with separate lower and upper units; Lower unit is tenant occupied with $850/month rent and a $850 security deposit; Lower unit tenant lease runs 6/9/26 to 6/8/27
