Detroit Duplex: Turn-Key
For Sale
$69,999
14622 Faircrest St, Detroit, MI 48205
Income-generating duplex near Downtown Detroit with value-add potential.
Days on Market71
Property Features for 14622 Faircrest St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1927
Listing Agency:
RE/MAX Dream Properties
(734) 462-3600
Listed By:
Glen L Brown · License #6501441492
(734) 462-3600
Source:
Elliman
Added: May 21
Changed: Jul 10
Last Checked: Jul 29 at 11:20AM
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 RE/MAX Dream Properties
Investment Insights
Based on property information with market context.
This multifamily property, a well-maintained duplex, presents an investment opportunity near Downtown Detroit. It features two distinct units that provide cash flow. The lower unit includes 2 bedrooms and 1 bathroom and is currently renting for $800 per month. The upper unit features 1 bedroom and 1 bathroom and is currently renting for $750 per month. Both units have value-add potential, with fair market rents in the immediate area averaging $1,000 to $1,200 per unit. The property has had major capital improvements, including two new furnaces installed within the last two years, newer updated plumbing, and windows that are 5 years old. The property features a low-maintenance yard. The location provides access to major freeways and local shopping hubs. The bike score is 44, indicating it is somewhat bikeable. The walk score is 51, indicating it is somewhat walkable. The transit score is 43, indicating some transit options are available.
Key Highlights
- Income‑generating duplex providing immediate cash flow.
- Minutes from Downtown Detroit with quick access to freeways and shopping.
- Substantial value‑add potential with rents below market average.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Income-generating duplex near Downtown Detroit with value-add potential.
Where is this duplex located?
The property is located at 14622 Faircrest St Detroit, MI.
What is the asking price?
The asking price for this property is $69,999.
What are key features of this property?
This property features: Income‑generating duplex providing immediate cash flow.; Minutes from Downtown Detroit with quick access to freeways and shopping.; Substantial value‑add potential with rents below market average.
