Detroit Multifamily Investment
For Sale
$57,000
15836 NORMANDY Street, Detroit, MI 48238
Multifamily home with great potential as a rental property.
Property Size2,500 SF
Price / SF$22.80
Days on Market575
Property Features for 15836 NORMANDY Street
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$1,086
Building Details
Year Built
1925
Listing Agency:
U.S. Investor Group
(313) 644-0034
Listed By:
Hassan Hammoud · License #6501457390
(313) 644-0034
Source:
Exitrealty
Added: Jan 14, 2025
Changed: Aug 9
Last Checked: Aug 9 at 8:10PM
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 U.S. Investor Group
Investment Insights
Based on property information with market context.
This multifamily home presents an investment opportunity with two separate units, one on the lower level and one on the upper level, each with its own entrance. The property offers potential for rental income or for homeowners looking to occupy the main house and rent out the upper apartment. The property size is 2500 square feet. This is a fixer-upper, priced accordingly.
Key Highlights
- Multifamily home featuring two separate units.
- Great potential for rental income.
- Live in one unit and rent the other for supplementary income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
341
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?
Multifamily property - Multifamily home with great potential as a rental property.
Where is this multifamily property located?
The property is located at 15836 NORMANDY Street Detroit, MI.
What is the asking price?
The asking price for this property is $57,000.
What are key features of this property?
This property features: Multifamily home featuring two separate units.; Great potential for rental income.; Live in one unit and rent the other for supplementary income.
