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Renovated Duplex in Detroit

1975 Taylor Street, Detroit, MI 48206

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For Sale

$220,000

Fully renovated, vacant duplex with immediate income potential.

Type:Multi Family / 2 to 4 Units

Property size:

1,240 SF

Price / SF:

$177/SF

HighLights

Fully renovated duplex with two 3‑bedroom, 1‑bathroom units, ready for immediate occupancy.
Vacant property allows immediate establishment of market rents for investors or owner‑occupants.
Strong rental demand demonstrated by previous rental history of $1,500 per unit prior to renovations.
Turn‑key asset with minimal future capital needs due to recent updates including new flooring, paint, plumbing, electrical, and kitchens.
Separate private entrances for each unit provide privacy and appeal to tenants.
Convenient location near major thoroughfares, schools, and local amenities.

We can help!

Listing Contact

Sydney Gonder

Learn more

For Sale

$220,000

Fully renovated, vacant duplex with immediate income potential.

Type:Multi Family / 2 to 4 Units

Property size:

1,240 SF

Price / SF:

$177/SF

Added:: Feb 12, 2026
Days on Market:: 122
Last Refresh:: Mar 13 at 9:46 am

Property Features for 1975 Taylor Street

General Information

Standard status: Active
Size: 1,240 SF
Property subtype: Multi Family / 2 to 4 Units

Building Details

Year Built: 1917

We can help!

Listing Contact

Sydney Gonder

Listing agent Sydney Gonder License #6501463602

Listing office @properties Christie's Int'l

Listing date Feb 12, 2026

Source Compass

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 @properties Christie's Int'l

HighLights

Fully renovated duplex with two 3‑bedroom, 1‑bathroom units, ready for immediate occupancy.
Vacant property allows immediate establishment of market rents for investors or owner‑occupants.
Strong rental demand demonstrated by previous rental history of $1,500 per unit prior to renovations.
Turn‑key asset with minimal future capital needs due to recent updates including new flooring, paint, plumbing, electrical, and kitchens.
Separate private entrances for each unit provide privacy and appeal to tenants.
Convenient location near major thoroughfares, schools, and local amenities.

Overview

This well-maintained multifamily duplex is located on Taylor Street in Detroit. The property has been fully renovated and is currently vacant, presenting an opportunity for investors or owner-occupants. Each of the two units features 3 bedrooms and 1 bathroom, with spacious layouts and separate private entrances. The units have been updated with new flooring, fresh paint, updated plumbing and electrical systems, and fully replaced kitchens. The units were rebuilt with quality finishes, making this a turn-key asset. Prior to the renovations, each unit was rented at $1,500 per month, with the owner covering water and trash. The property is conveniently located near major thoroughfares, schools, and local amenities. With immediate possession available, this property is suitable for a long-term hold, house hack, or value-add investment. The property size is 1240 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$21.6k	$17.40
− Vacancy	−$1.3k	−$1.07
EGI	$20.2k	$16.33
− OpEx	−$6.1k	−$4.90
NOI	$14.2k	$11.43

1,240 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$202.4K

$177.1K – $236.2K (±1% cap)

NOI $14,171 @ 7.0% cap · market cap 6.44%

Second Best

Apartment 5plus

$185.8K

$162.6K – $216.8K (±1% cap)

NOI $13,008 @ 7.0% cap · market cap 5.91%

Theoretical Best

Office A

$273.5K

$239.4K – $319.1K (±1% cap)

NOI $19,148 @ 7.0% cap · market cap 8.70%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.1001667
Latitude: 42.3748396

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For sale
Duplexes
MI
Detroit
48206
1975 Taylor Street

What type of property is this?

Duplex - Fully renovated, vacant duplex with immediate income potential.

Where is this duplex located?

The property is located at 1975 Taylor Street Detroit, MI.

What is the asking price?

The asking price for this property is $220,000.

What are key features of this property?

This property features: Fully renovated duplex with two 3‑bedroom, 1‑bathroom units, ready for immediate occupancy.; Vacant property allows immediate establishment of market rents for investors or owner‑occupants.; Strong rental demand demonstrated by previous rental history of $1,500 per unit prior to renovations.