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Two-Story Duplex with Finished Basement
For Sale
$264,900
Pending

24647 Dunning Street, Dearborn, MI 48124

MULTI_FAMILY - Dearborn, MI

Property SizeContact for details
Lot Size0.13 Acres
Days on Market55

Property Features for 24647 Dunning Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Basement
Parking 6
Parking features Driveway
Basement Full
Lot features Sidewalk
Elementary school district Dearborn
Middle school district Dearborn
High school district Dearborn
Directions West of Telegraph, South of Michigan ave
Standard status Pending
APN 32-09-292-16-030
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 594 GEORGIA PARK SUB NO 1
Tax Annual Amount 4363
Legal Description LOT 594 GEORGIA PARK SUB NO 1

Utilities

Heating system Forced Air

Amenities

finished basement

Building Details

Year built 1925
Number of units 2
Building materials Aluminum Siding, Block
Listing Agency: America's Best Choice Realty
Listed By: Hany Barakat
Added: Jun 16 Changed: Jul 25 Last Checked: Aug 9 at 5:06PM
MLS# 26029674

Copyright © 2026 Michigan Regional Information Center, LLC. 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 two-story duplex was built in 1925 and offers a flexible living or rental setup with a fully finished basement. The certificate of occupancy is complete. Each unit has its own dedicated feel, and the second unit includes a private entrance with large windows, plus a separate living room, bedroom, dining room, and kitchenette.

The home includes upgrades that support long-term ownership, including a newer roof, updated electrical, and copper plumbing. Heating is forced air. Construction materials include aluminum siding and block. Parking is available via a driveway, and the property also references a two-car garage.

Downstairs, the fully finished basement is described as dry and bright, with durable flooring, recessed lighting, and a separate utility area. The basement has shared access so both parties can use the bonus space, and there is also the option to close it off and assign portions to each unit.

Set on a 0.13-acre lot, the property is located on a quiet west Dearborn street one block from a city park and within walking distance of an elementary school.

Key Highlights

  • Built in 1925 two‑story duplex with certificate of occupancy complete
  • 0.13‑acre lot on a quiet west Dearborn street
  • Fully finished basement with recessed lighting and separate utility area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Electrical Service

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 48124, MI

34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
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 Dearborn duplex built in 1925 with forced-air heat, finished basement space, and a shared utility area.
Where is this duplex located?
The property is located at 24647 Dunning Street Dearborn, MI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Built in 1925 two‑story duplex with certificate of occupancy complete; 0.13‑acre lot on a quiet west Dearborn street; Fully finished basement with recessed lighting and separate utility area
More about this property
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