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Updated Duplex Residential Income
For Sale
$165,000

16 Leslie Street, Mount Clemens, MI 48043

Two-unit duplex with an updated 2-bedroom unit and a month-to-month 1-bedroom tenant for flexible ownership.

Property SizeContact for details
Days on Market104

Property Features for 16 Leslie Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,000

Amenities

Window Unit(s)
Natural Gas, Forced Air
Full
See Remarks

Building Details

Year Built 1940
Buildings 1
Listing Agency: Realtors In Michigan
Listed By: Emily McKinney
Source: Evrealestate
Added: May 29 Changed: Aug 26 Last Checked: Sep 9 at 6:44AM

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 Realtors In Michigan

Investment Insights

Based on property information with market context.

This residential income duplex features two separate units: an updated upper unit with two bedrooms and a lower unit with one bedroom that is currently tenant occupied on a month-to-month lease. The upper unit has undergone numerous improvements, including stainless steel appliances, updated lighting, fresh paint, new flooring, updated bathroom finishes, and refreshed kitchen details.

Additional property updates include newer water heaters (2025), updated bathroom flooring and general repairs in the lower unit, along with power washing, gutter cleaning, and various cosmetic upgrades throughout the home. Off-street parking is available, with potential to expand into an adjacent gravel driveway area.

Set near downtown Mount Clemens, the property is positioned for convenient everyday access to parks, shopping, dining, and entertainment. For buyers seeking a duplex that combines a refreshed unit with an in-place month-to-month tenancy, this layout offers straightforward management as a two-unit structure. It also provides an option for owner-occupants to live in the updated two-bedroom unit while receiving rental income from the lower unit.

Key Highlights

  • Duplex (2 units) built in 1940 with an updated 2‑bedroom upper unit and a 1‑bedroom lower unit
  • Upper unit updates include stainless steel appliances, updated lighting, fresh paint, new flooring, and updated bathroom finishes
  • Lower unit is tenant occupied on a month‑to‑month lease

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Parking Lot & Garage Veterinary Clinic Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,295
Businesses Nearby

Demographics for 48043, MI

15,665
Population
7,059
Households
2.2
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
3,821
Density / Sq Mi
$57,315
Median Household Income
$37,683
Median Earnings
$896
Median Rent
$169,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with an updated 2-bedroom unit and a month-to-month 1-bedroom tenant for flexible ownership.
Where is this duplex located?
The property is located at 16 Leslie Street Mount Clemens, MI.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Duplex (2 units) built in 1940 with an updated 2‑bedroom upper unit and a 1‑bedroom lower unit; Upper unit updates include stainless steel appliances, updated lighting, fresh paint, new flooring, and updated bathroom finishes; Lower unit is tenant occupied on a month‑to‑month lease
More about this property
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