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Duplex with 2023 Roof
For Sale
$125,000
Pending

14788 Holmur St, Detroit, MI 48238

Two-level residential income property with separate two-bedroom and one-bedroom living arrangements.

Property Size1,596 SF
Days on Market9

Property Features for 14788 Holmur St

General Information

Standard status Pending
Size 1,596 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $884

Building Details

Building Size 1,596 SF
Year Built 1926
Units 2
Listing Agency: O Sheard Realty LLC
Listed By: Otis R Sheard · License #MI 6505315454
Source: Elliman
Added: Sep 6 Changed: Sep 8 Last Checked: Sep 14 at 9:24AM

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 O Sheard Realty LLC

Investment Insights

Based on property information with market context.

This two-unit residential property, built in 1926, includes a two-bedroom lower residence and a one-bedroom upper residence. Recent capital improvements include two new furnaces, two new water heaters, and a roof installed in 2023.

Located at 14788 Holmur St in Detroit, the property records a walk score of 60, a bike score of 54, and a transit score of 50. The configuration provides distinct living areas within a compact multifamily asset.

Key Highlights

  • Two‑bedroom lower unit and one‑bedroom upper unit
  • Roof replaced in 2023
  • Two new furnaces

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-level residential income property with separate two-bedroom and one-bedroom living arrangements.
Where is this duplex located?
The property is located at 14788 Holmur 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‑bedroom lower unit and one‑bedroom upper unit; Roof replaced in 2023; Two new furnaces
More about this property
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