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Two-Story Duplex with Separate Meters
For Sale
$38,900

20050 Cameron St, Detroit, MI 48203

Two-story duplex with separate electric meters, supporting separate utility setups for residential income.

Property Size1,512 SF
Days on Market54

Property Features for 20050 Cameron St

General Information

Standard status Active
Size 1,512 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,646

Building Details

Building Size 1,512 SF
Year Built 1926
Stories 2
Units 2
Listing Agency:
Listed By: Mark Poloney · License #6501166386
Source: Elliman
Added: Jun 19 Changed: Aug 8 Last Checked: Aug 11 at 9:20AM

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 Mark Poloney

Investment Insights

Based on property information with market context.

This property is a two-story duplex configured as a “2 story flat” with separate electric meters. The interior is described as needing rehab, and prospective buyers should plan for renovations to bring the property up to their standards.

Buyer requirements are noted in the remarks: a buyer must provide proof prior to a showing. The seller also indicates that proof of funds is required before showings.

For tenants and operators seeking a duplex layout with individualized utility metering, the separate electric meters can simplify billing and tenant responsibility for electricity. Because the property is identified as requiring rehab, it may be better suited for buyers who are prepared to address repairs and improvements as part of their acquisition plan.

Key Highlights

  • Two‑story duplex/flat with potential rental income of approximately $1,600 per month
  • Separate electric meters for the units, allowing separate utility setups
  • Built in 1926

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center 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.

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
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 - Two-story duplex with separate electric meters, supporting separate utility setups for residential income.
Where is this duplex located?
The property is located at 20050 Cameron St Detroit, MI.
What is the asking price?
The asking price for this property is $38,900.
What are key features of this property?
This property features: Two‑story duplex/flat with potential rental income of approximately $1,600 per month; Separate electric meters for the units, allowing separate utility setups; Built in 1926
More about this property
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