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Two-Family Duplex Portfolio Package
For Sale
$279,900

15241 Forrer St, Detroit, MI 48227

Turnkey two-property package with four fully occupied two-bedroom units and detached two-car garages.

Days on Market58

Property Features for 15241 Forrer St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Year Built 1954
Listing Agency:
Listed By: Amelia Dean Hamm
Source: Elliman
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 30 at 6:35AM

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 Amelia Dean Hamm

Investment Insights

Based on property information with market context.

This two-parcel package includes two adjacent, solid brick two-family properties, offering a combined total of four rental units. Each unit features an identical 2-bedroom, 1-bath layout with a living/dining room and a full kitchen. The properties are being offered as turnkey, with appliances included such as stoves, refrigerators, washers, and dryers.

Each property includes a detached two-car garage, providing on-site parking for residents. The package is located close to major roads, public transit, and parks, supporting tenant access and day-to-day convenience. Walking and biking scores indicate a car-dependent setting with some transit availability.

For buyers and operators seeking a straightforward acquisition, this package provides four occupied units across two neighboring buildings with consistent unit layouts. The included appliances and garage amenities reduce the amount of setup required after closing and support continued rental operations. Access is limited, and showings require an accepted offer.

Key Highlights

  • Two adjacent solid brick two‑family properties sold as a package (MLS# 20261039741)
  • Four fully occupied units total, each with a 2‑bed, 1‑bath layout with living/dining rooms and full kitchens
  • All appliances included in each unit (stoves, refrigerators, washers, and dryers)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply HVAC Service Big Box & Wholesale Store

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

Lease Details

4
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby

Demographics for 48227, MI

40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey two-property package with four fully occupied two-bedroom units and detached two-car garages.
Where is this duplex located?
The property is located at 15241 Forrer St Detroit, MI.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Two adjacent solid brick two‑family properties sold as a package (MLS# 20261039741); Four fully occupied units total, each with a 2‑bed, 1‑bath layout with living/dining rooms and full kitchens; All appliances included in each unit (stoves, refrigerators, washers, and dryers)
More about this property
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