Search
Three-Unit Residential Income Property
For Sale
$55,000

15786 Parkside St, Detroit, MI 48238

Two 2-bedroom, 1-bath units plus a separate rear unit offer flexible living or rental income setups.

Property Size1,500 SF
Days on Market55

Property Features for 15786 Parkside St

General Information

Standard status Active
Size 1,500 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,609

Building Details

Building Size 1,500 SF
Year Built 1925
Units 2
Listing Agency:
Listed By: Samuel Card · License #6502419243
Source: Elliman
Added: Jun 18 Changed: Aug 7 Last Checked: Aug 10 at 4:50AM

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 Samuel Card

Investment Insights

Based on property information with market context.

This residential income property is configured with two spacious units, each offering 2 bedrooms and 1 bathroom. In addition, there is a separate unit in the rear that functions independently from the duplex arrangement, making it suitable as an extra rental or studio-style space.

The property is located on a quiet block and is positioned not far from shopping, restaurants, and schools/university. Freeway access is described as easy, supporting convenient day-to-day commuting for tenants or owner-occupants. Bike and walk scores suggest a more car-dependent setting, while transit is noted as comparatively better.

From an operator’s perspective, the layout can support multiple occupancy strategies: rent both front units, live in one unit while renting the other, or add the rear unit to expand total rental coverage. The current offering is presented as an investor-focused sale, with the seller indicating interest is limited to serious offers.

Key Highlights

  • Year built 1925
  • Two 2‑bedroom, 1‑bath units
  • Separate rear unit in addition to the duplex setup

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Bakery Cafe & Coffee Shop (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

428
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Two 2-bedroom, 1-bath units plus a separate rear unit offer flexible living or rental income setups.
Where is this triplex located?
The property is located at 15786 Parkside St Detroit, MI.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Year built 1925; Two 2‑bedroom, 1‑bath units; Separate rear unit in addition to the duplex setup
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message