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Revitalizing Dexter-Linwood Four-Unit Building

2547 Elmhurst Street, Detroit, MI 48206

For Sale
Contact for pricing
Pending

Four-unit building in a revitalizing neighborhood, ready for customization.

Property Size3,850 SF
Days on Market173

Property Features for 2547 Elmhurst Street

General Information

Standard status Pending
Size 3,850 SF
Property subtype Multifamily
Zoning Multi-Family
Investment Type Value Add

Site & Location

Neighborhood Dexter-Linwood

Building Details

Year Built 1923
Buildings 1
Stories 2
Units 4
Listing Agency: S&P Realty
Listed By: Shane Parker · License MI #397534
Source: Crexi
Added: May 22 Changed: Aug 8 Last Checked: Aug 8 at 7:26AM

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 S&P Realty

Rey
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Investment Insights

Based on property information with market context.

This brick four-unit building is located in the Dexter-Linwood neighborhood. Each unit features 2 bedrooms. The building has been fully gutted to the studs, offering an opportunity for custom finishes. Major capital improvements have been completed, including new PEX plumbing, updated electrical systems, a new roof, new subflooring, new framing, and several new windows. The property size is 3850 square feet. This property is located in a rapidly appreciating area.

Key Highlights

  • Fully gutted units provide a blank canvas for custom finishes, allowing buyers to personalize each unit.
  • Major capital improvements completed (PEX plumbing, electrical, roof, subflooring, framing, windows) significantly reduce renovation costs and time.
  • Located in the revitalizing Dexter‑Linwood neighborhood, near Boston‑Edison and Russell Woods, indicating strong growth potential.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Quadplexes in Detroit, MI

$52.41 Jul
$69.09 Aug
$59.31 Sep
$49.13 Oct

Properties on Market for Quadplexes in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit building in a revitalizing neighborhood, ready for customization.
Where is this quadplex located?
The property is located at 2547 Elmhurst Street Detroit, MI.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Fully gutted units provide a blank canvas for custom finishes, allowing buyers to personalize each unit.; Major capital improvements completed (PEX plumbing, electrical, roof, subflooring, framing, windows) significantly reduce renovation costs and time.; Located in the revitalizing Dexter‑Linwood neighborhood, near Boston‑Edison and Russell Woods, indicating strong growth potential.
(313) 454-8608 · Office Call to check price and availability
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