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2254 Taylor Street, Detroit, MI, 48206
Brick Duplex with Enclosed Sun Porches

2254 Taylor Street Detroit, MI 48206

For Sale
$325,000

MULTI_FAMILY - Other - Detroit, MI

Property Size2,614 SF
Lot Size0.10 Acres
Price / SF$124.33
Days on Market59

Property Features for 2254 Taylor Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Residential
Bedrooms 6
Bathrooms 2
Rooms Bedroom 2, Bedroom 4, Basement, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Security features Security, Security Alarm
Pets allowed Yes
Interior features Laundry Facility, Security Alarm (owned), 24 Hour Security
Standard status Active
APN W10I002352S
Size 2,614 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description N TAYLOR 433 JOY FARM SUB L32 P39-40 PLATS, W C R 10/99 35 X 120.50
Tax Annual Amount 1944

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1921
Floors in Building 2
Number of units 2
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: Keller Williams Paint Creek
Listed By: Shane Snow
Added: Jun 2 Changed: Jul 28 Last Checked: Jul 30 at 7:06AM
MLS# 20261039962

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey brick duplex features two spacious residential units within a well-preserved 1920s-style framework. The property includes enclosed brick sun porches that extend usable living space, along with generous living and dining areas, large bedrooms, abundant natural light, and durable flooring throughout. Updates include new roofing, updated kitchens with contemporary finishes, and renovated bathrooms. Original architectural details such as decorative fireplaces and oversized trim work have been maintained, and a professionally installed security system supports day-to-day peace of mind.

Located in Detroit’s North LaSalle neighborhood, the property is presented as being minutes from Boston-Edison, New Center, and Midtown, with Henry Ford Hospital and major freeways also nearby. Additional conveniences cited in the listing include dining, entertainment, and Downtown Detroit, supporting a practical, commuter-friendly lifestyle.

For owner-occupants, the two separate units offer the option to live in one space while offsetting expenses with rental income from the other. For investors, the described move-in readiness and unit-by-unit configuration provide a turnkey path to adding a duplex to an existing portfolio. The layout is also positioned for flexible household needs, including multigenerational living arrangements.

Key Highlights

  • Brick duplex built in 1921 with forced‑air heating and an asphalt roof
  • Over 2,600 sq ft duplex with two separate units
  • Enclosed brick sun porches on the property

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $45.5k $17.40
− Vacancy −$2.8k −$1.07
EGI $42.7k $16.33
− OpEx −$12.8k −$4.90
NOI $29.9k $11.43
2,614 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$426.8K
$373.4K – $497.9K (±1% cap)
NOI $29,874 @ 7.0% cap · market cap 9.19%
Second Best
Apartment 5plus
$391.8K
$342.8K – $457.1K (±1% cap)
NOI $27,423 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$576.7K
$504.6K – $672.8K (±1% cap)
NOI $40,366 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon HVAC Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Turnkey Detroit duplex offers two updated units with enclosed brick sun porches and separate living spaces.
Where is this duplex located?
The property is located at 2254 Taylor Street Detroit, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Brick duplex built in 1921 with forced‑air heating and an asphalt roof; Over 2,600 sq ft duplex with two separate units; Enclosed brick sun porches on the property
More about this property
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