Brick Duplex With Updated
For Sale
$150,000
15895 Kentucky St, Detroit, MI 48238
Fully occupied brick duplex with two rental units and multiple major upgrades including new roof and updated plumbing.
Days on Market11
Property Features for 15895 Kentucky St
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Year Built
1928
Listing Agency:
(313) 912-6694
Listed By:
Tanisha Leconte
(313) 912-6694
Source:
Elliman
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 29 at 11:59AM
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 Tanisha Leconte
Investment Insights
Based on property information with market context.
This brick duplex is configured as two separate rental units and is currently fully occupied. The property includes major capital improvements already completed, including a new roof, updated plumbing, and newer windows and doors, which may help reduce near-term maintenance needs.
Each unit is leased, with gross monthly rental income totaling $2,300. One unit rents for $1,100 per month and the other rents for $1,200 per month.
For buyers seeking a stabilized income-producing residential property with substantial updates in place, this duplex offers a straightforward two-unit setup and existing occupancy.
Each unit is leased, with gross monthly rental income totaling $2,300. One unit rents for $1,100 per month and the other rents for $1,200 per month.
For buyers seeking a stabilized income-producing residential property with substantial updates in place, this duplex offers a straightforward two-unit setup and existing occupancy.
Key Highlights
- Brick duplex built in 1928, fully occupied with $2,300 in gross monthly rental income
- Rental income: one unit at $1,100/month and the other at $1,200/month
- Major upgrades include a new roof
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
334
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
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied brick duplex with two rental units and multiple major upgrades including new roof and updated plumbing.
Where is this duplex located?
The property is located at 15895 Kentucky St Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Brick duplex built in 1928, fully occupied with $2,300 in gross monthly rental income; Rental income: one unit at $1,100/month and the other at $1,200/month; Major upgrades include a new roof
