Search
Detroit Duplex Renovation Opportunity
For Sale
$49,900

15818 Cherrylawn Street, Detroit, MI 48238

Two-unit duplex in Detroit's West Side, ideal for investors.

Property SizeContact for details
Days on Market212

Property Features for 15818 Cherrylawn Street

General Information

Standard status Active
Property subtype Multi Family
Listing Agency: RE/MAX Team 2000
Listed By: Tim Muflihi · License #6501360292
Source: Corneliusteam
Added: Mar 10 Changed: Sep 13 Last Checked: Oct 7 at 11:49AM

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 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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service

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

550
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-unit duplex in Detroit's West Side, ideal for investors.
Where is this duplex located?
The property is located at 15818 Cherrylawn Street 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.
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
Why this one?
Saved
Reason not saved — we won't ask again