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Tenant-Occupied Two-Unit Duplex
For Sale
$89,900

16125 Indiana St, Detroit, MI 48221

Colonial-style duplex with two occupied residential units and month-to-month tenancies.

Property Size2,047 SF
Days on Market49

Property Features for 16125 Indiana St

General Information

Standard status Active
Size 2,047 SF
Property subtype Investment

Site & Location

Neighborhood Fitzgerald/Marygrove
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,112

Building Details

Building Size 2,047 SF
Year Built 1928
Units 2
Construction colonial style
Listing Agency: Detroit Investment Company
Listed By: Mark Hutter · License #6502372594
Source: Elliman
Added: Sep 12 Changed: Oct 26 Last Checked: Oct 28 at 9:47AM

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 Detroit Investment Company

Rey
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Investment Insights

Based on property information with market context.

Built in 1928, this colonial-style duplex contains two residential units, each configured with two bedrooms and one bathroom. Both units are occupied, and each tenancy is currently month to month. The property is being offered in as-is condition.

The home is located at 16125 Indiana St in Detroit, south of McNichols and east of Wyoming. WalkScore is 74, rated Very Walkable; TransitScore is 50, rated Good Transit; and BikeScore is 49, rated Somewhat Bikeable. Showings require a licensed agent to be present, and all dimensions should be independently verified.

Key Highlights

  • Two‑unit duplex with each unit offering 2 bedrooms and 1 bathroom
  • Both units are tenant occupied on month‑to‑month tenancies
  • Colonial‑style property built in 1928

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
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

Frequently Asked Questions

What type of property is this?
Duplex - Colonial-style duplex with two occupied residential units and month-to-month tenancies.
Where is this duplex located?
The property is located at 16125 Indiana St Detroit, MI.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Two‑unit duplex with each unit offering 2 bedrooms and 1 bathroom; Both units are tenant occupied on month‑to‑month tenancies; Colonial‑style property built in 1928
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