Detroit Duplex Renovation
For Sale
$49,900
15818 Cherrylawn St, Detroit, MI 48238
Two-unit duplex in Detroit's West Side, ideal for investors.
Property Size1,420 SF
Lot Size0.08 Acres
Days on Market167
Property Features for 15818 Cherrylawn St
General Information
Standard status
Active
Size
1,420 SF
Lot size
0.08 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,035
Building Details
Building Size
1,420 SF
Year Built
1927
Units
2
Listing Agency:
RE/MAX Team 2000
(313) 561-0900
Listed By:
Bilal A Hamie · License #6501360292
(313) 561-0900
Source:
Elliman
Added: Mar 10
Changed: Aug 12
Last Checked: Aug 22 at 10:57AM
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 RE/MAX Team 2000
Investment Insights
Based on property information with market context.
This two-unit duplex is located on Detroit’s West Side and presents an investor opportunity. The brick multi-family property features one unit with two bedrooms and one bathroom, and another unit with one bedroom and one bathroom. The property requires a full renovation, making it suitable for seasoned investors or rehabbers. It features a brick exterior with separate entrances, large rooms with natural light, a decent-sized unfinished basement, and a one-car detached garage. The property has potential for long-term cash flow or future resale.
Key Highlights
- Multi‑family duplex with two units offering immediate rental income potential after renovation.
- Brick exterior construction, providing durability and classic appeal.
- Located on Detroit's West Side, presenting an opportunity to invest in a growing area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex in Detroit's West Side, ideal for investors.
Where is this duplex located?
The property is located at 15818 Cherrylawn St Detroit, MI.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Multi‑family duplex with two units offering immediate rental income potential after renovation.; Brick exterior construction, providing durability and classic appeal.; Located on Detroit's West Side, presenting an opportunity to invest in a growing area.
