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Brick Two-Unit Duplex
For Sale
$144,900

17308 Oak Drive, Detroit, MI 48221

Both apartments are leased, and the lower home has hardwood flooring and a decorative fireplace.

Property Size1,860 SF
Price / SF$77.90
Days on Market17

Property Features for 17308 Oak Drive

General Information

Standard status Active
Size 1,860 SF
Property subtype Duplex
Occupancy 100%

Site & Location

Neighborhood University District

Units

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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,497

Building Details

Building Size 1,860 SF
Year Built 1927
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: EXP Z Real Estate
Listed By: Zach Soccorsi · License #6501455452
Source: Desertdouglas
Added: Oct 13 Changed: Oct 27 Last Checked: Oct 27 at 4:15AM

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 EXP Z Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 1927, this 1,860-square-foot brick duplex contains two apartments, each with two bedrooms and one bathroom. Both units are leased. The lower apartment has hardwood floors, a decorative fireplace, an arched opening to the dining room, and a kitchen with tiled backsplash. An unfinished basement is also included.

The property is one block from the University of Detroit Mercy, with shopping, dining, and major roadways nearby.

Key Highlights

  • Two leased apartments, each with 2 bedrooms and 1 bathroom
  • 1,860‑square‑foot brick building constructed in 1927
  • Lower apartment features hardwood floors and a decorative fireplace

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

493
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
View Realmo Analytics

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 - Both apartments are leased, and the lower home has hardwood flooring and a decorative fireplace.
Where is this duplex located?
The property is located at 17308 Oak Drive Detroit, MI.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Two leased apartments, each with 2 bedrooms and 1 bathroom; 1,860‑square‑foot brick building constructed in 1927; Lower apartment features hardwood floors and a decorative fireplace
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