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Updated Duplex with Finished Basement
For Sale
$215,000
Pending

18272 Indiana Street, Detroit, MI 48221

Each unit offers two bedrooms and one bathroom, with a finished basement for entertainment and laundry.

Property Size2,525 SF
Days on Market551

Property Features for 18272 Indiana Street

General Information

Standard status Pending
Size 2,525 SF
Property subtype Multi Family

Site & Location

Neighborhood Bagley

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,537

Building Details

Year Built 1955
Listing Agency: EXP Realty
Listed By: Ericka D Williams
Source: Exitrealty
Added: Apr 28, 2025 Changed: Oct 25 Last Checked: Oct 23 at 5:08AM

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 Realty

Rey
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Investment Insights

Based on property information with market context.

This well-maintained duplex features two residential units, with each unit offering two bedrooms and one bathroom. Updates include windows, the roof, furnaces, hot water heaters, and air conditioning. The finished basement provides additional space for entertainment and includes laundry facilities.

The upstairs unit is currently occupied, and the property will be conveyed vacant at close. Advanced notice is needed to view Unit 2.

The home presents an opportunity for a buyer to add some TLC and value while benefiting from the documented system and exterior updates.

Key Highlights

  • Duplex built in 1955 in a well‑maintained neighborhood
  • Each unit has 2 bedrooms and 1 bathroom
  • Updated windows, roof, furnace, hot water heaters, and air conditioning

Property Analytics

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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
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 - Each unit offers two bedrooms and one bathroom, with a finished basement for entertainment and laundry.
Where is this duplex located?
The property is located at 18272 Indiana Street Detroit, MI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex built in 1955 in a well‑maintained neighborhood; Each unit has 2 bedrooms and 1 bathroom; Updated windows, roof, furnace, hot water heaters, and air conditioning
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