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Brick Duplex
New
For Sale
$120,000

2023 Ewald Cir, Detroit, MI 48238

Both residential units are currently occupied by tenants.

Property Size2,000 SF
Price / SF$60
Days on Market3

Property Features for 2023 Ewald Cir

General Information

Standard status Active
Size 2,000 SF
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $21,600
Average Monthly Rent $900

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,147

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Clyde Realty LLC
Listed By: David Rabior · License #6501406276
Source: Exprealty
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 1:55PM

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 Clyde Realty LLC

Investment Insights

Based on property information with market context.

This brick duplex in Detroit contains two residential units, and both are occupied by tenants. The property is located at 2023 Ewald Cir.

Key Highlights

  • Two‑unit residential duplex
  • Brick construction
  • Both units currently occupied by tenants

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Electrical Service Hair Salon

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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

516
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residential units are currently occupied by tenants.
Where is this duplex located?
The property is located at 2023 Ewald Cir Detroit, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑unit residential duplex; Brick construction; Both units currently occupied by tenants
More about this property
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