Two-Family Duplex Portfolio
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:
(248) 855-2000
Listed By:
Amelia Dean Hamm
(248) 855-2000
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.
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
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask 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)