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Updated Duplex in Fitzgerald Marygrove
For Sale
$173,000

15739 Washburn St, Detroit, MI 48238

Turnkey duplex near University of Detroit Mercy and Marygrove College.

Property Size1,824 SF
Days on Market110

Property Features for 15739 Washburn St

General Information

Standard status Active
Size 1,824 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,886

Building Details

Building Size 1,824 SF
Year Built 1929
Units 2
Listing Agency: Keller Williams Professionals
Listed By: David Bendernagel · License #6501317808
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 7:08AM

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 Keller Williams Professionals

Investment Insights

Based on property information with market context.

Located in the Fitzgerald Marygrove neighborhood, this updated duplex presents a turnkey opportunity for investors and homeowners. Each of the two units features 2 bedrooms and 1 full bathroom. The property has a new roof, new windows, and a new boiler and hot water heater. The units have been freshly updated with new paint and new carpet throughout. The property is located steps away from the University of Detroit Mercy and the Marygrove College campus. The property is move-in ready and suitable for adding to a portfolio or for an owner to occupy one unit while renting the other.

Key Highlights

  • Turnkey duplex with NEW roof, windows, boiler, and hot water heater.
  • Two spacious units, each with 2 bedrooms and 1 full bathroom, freshly updated with new paint and carpet.
  • Located in the thriving Fitzgerald Marygrove neighborhood.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic HVAC Service Cafe & Coffee Shop

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

544
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

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 - Turnkey duplex near University of Detroit Mercy and Marygrove College.
Where is this duplex located?
The property is located at 15739 Washburn St Detroit, MI.
What is the asking price?
The asking price for this property is $173,000.
What are key features of this property?
This property features: Turnkey duplex with NEW roof, windows, boiler, and hot water heater.; Two spacious units, each with 2 bedrooms and 1 full bathroom, freshly updated with new paint and carpet.; Located in the thriving Fitzgerald Marygrove neighborhood.
More about this property
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