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Two-Unit Duplex Investment
For Sale
$155,000

15766 Ferguson St, Detroit, MI 48227

Well-suited for investors seeking two income units, with separate metering and updated kitchens and bathrooms.

Days on Market50

Property Features for 15766 Ferguson St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1925
Tenancy Multi
Listing Agency: M77 LLC
Listed By: Joseph Hammel · License #6501422602
Source: Elliman
Added: Jun 14 Changed: Jul 10 Last Checked: Aug 1 at 3:49AM

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 M77 LLC

Investment Insights

Based on property information with market context.

This duplex features two separate 2-bedroom, 1-bath units. Both units have updated bathrooms and kitchens, and the property is separately metered for gas and electric, supporting independent utility billing. The interior is described as needing final finishing touches before it is ready for tenants.

The property is located at 15766 Ferguson St in Detroit, MI 48227. Public transportation and walkability are characterized as moderate, with a car-dependent setting based on the provided Walk Score and Transit Score.

For an investor, this layout offers two rentable residences within one ownership, with separate metering that can simplify operating expenses. The provided rent range is $900 to $1,100 per month, offering a benchmark for potential income based on unit-level performance. Because the listing notes that additional finishing work remains, prospective buyers may want to evaluate the remaining scope of improvements as part of their timeline for occupancy and revenue generation.

Key Highlights

  • 1925‑built duplex with two 2 bed/1 bath units
  • Updated kitchens and bathrooms in the units
  • Separately metered gas and electric

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Skin Care Clinic Building Supply 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

412
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
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Frequently Asked Questions

What type of property is this?
Duplex - Well-suited for investors seeking two income units, with separate metering and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 15766 Ferguson St Detroit, MI.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 1925‑built duplex with two 2 bed/1 bath units; Updated kitchens and bathrooms in the units; Separately metered gas and electric
More about this property
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