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Two-Unit Duplex Investment
For Sale
$160,000
Pending

17540 Indiana St, Detroit, MI 48221

Vacant duplex with two separate units, each featuring two bedrooms and one full bathroom.

Days on Market94

Property Features for 17540 Indiana St

General Information

Standard status Pending
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1937
Listing Agency: Golden Key Realty Group LLC
Listed By: Valbona Vulaj · License #6501419742
Source: Elliman
Added: Apr 28 Changed: Jul 22 Last Checked: Jul 23 at 7:56AM

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 Golden Key Realty Group LLC

Investment Insights

Based on property information with market context.

This versatile duplex includes two separate residential units. Each unit offers a functional layout with two bedrooms and one full bathroom. The property is currently vacant, allowing a new owner the opportunity to establish rents immediately or complete updates over time.

The address is 17540 Indiana St in Detroit, MI 48221. Walk, bike, and transit scores are noted as 56, 43, and 49, respectively, indicating somewhat walkable and somewhat bikeable surroundings with some transit access.

As a residential income property with mirrored unit layouts, the asset is straightforward to manage while serving both rental and owner-occupant scenarios.

Key Highlights

  • Duplex built in 1937 with two separate units
  • Each unit features 2 bedrooms and 1 full bathroom
  • Property is currently vacant, allowing you to set market rents or update over time

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Food Market

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

414
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

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 - Vacant duplex with two separate units, each featuring two bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 17540 Indiana St Detroit, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Duplex built in 1937 with two separate units; Each unit features 2 bedrooms and 1 full bathroom; Property is currently vacant, allowing you to set market rents or update over time
More about this property
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