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Two-Family Residential Income Property
For Sale
$89,000

1989 Pasadena St, Detroit, MI 48238

Two separate two-bedroom, one-bath units with one currently rented and the other needing light work.

Days on Market27

Property Features for 1989 Pasadena St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1917
Tenancy Multi
Listing Agency:
Listed By: Nader Shariff
Source: Elliman
Added: Jul 4 Changed: Jul 20 Last Checked: Jul 29 at 1:28PM

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 Nader Shariff

Investment Insights

Based on property information with market context.

This two-family residential income property features two separate apartments, each with two bedrooms and one bathroom. One unit is currently rented, while the other unit is ready for a bit of work to bring it back into a turn-key condition.

The property is located on Detroit’s west side. Transit access is noted as “Good” with TransitScore of 50, while the area is described as car-dependent for walkability (WalkScore 31) and somewhat bikeable (BikeScore 38).

From a practical configuration standpoint, the layout supports either owner-occupancy with rental income from the other unit or fully leased operations after the remaining unit is updated.

Key Highlights

  • Two‑family home built in 1917 on Detroit’s west side
  • Two separate 2‑bedroom, 1‑bath units
  • One unit is currently rented

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Parking Lot & Garage Spa & Massage Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate two-bedroom, one-bath units with one currently rented and the other needing light work.
Where is this duplex located?
The property is located at 1989 Pasadena St Detroit, MI.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Two‑family home built in 1917 on Detroit’s west side; Two separate 2‑bedroom, 1‑bath units; One unit is currently rented
More about this property
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