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Duplex With Covered Porch
For Sale
$141,500

18657 Binder St, Detroit, MI 48234

Both residences have two bedrooms, one bathroom, and defined living and dining areas.

Property Size1,500 SF
Price / SF$94.33
Days on Market10

Property Features for 18657 Binder St

General Information

Standard status Active
Size 1,500 SF
Property subtype Investment
Occupancy 100%

Financials

Asking Price $141,500
Gross Income $21,600

Site & Location

Neighborhood Conant Gardens
Highway Access Yes

Units

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

Taxes and HOA fees

Annual Taxes $1,055

Amenities

covered front porch
enclosed backyard
unfinished basement with laundry space

Building Details

Building Size 1,500 SF
Year Built 1925
Units 2
Listing Agency: eXp Realty
Listed By: Katarina Von Eper
Source: Elliman
Added: Oct 20 Changed: Oct 26 Last Checked: Oct 28 at 8:35AM

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.

Built in 1925, this Detroit duplex contains two residences, each with two bedrooms, one full bathroom, a kitchen, living room, and dining room. The property totals approximately 1,500 square feet and was renovated in 2017. Exterior and utility features include a covered front porch, an enclosed backyard, and an unfinished basement with laundry space.

The property is fully occupied. Parks, shopping, and major freeways are accessible from the area. Showings require at least 48 hours’ advance notice.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bathroom
  • Approximately 1,500 square feet total
  • Renovated in 2017; built in 1925

Property Analytics

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Open Analytics

Lease Details

2
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
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 - Both residences have two bedrooms, one bathroom, and defined living and dining areas.
Where is this duplex located?
The property is located at 18657 Binder St Detroit, MI.
What is the asking price?
The asking price for this property is $141,500.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; Approximately 1,500 square feet total; Renovated in 2017; built in 1925
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