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Two-Family Residential Income Property
For Sale
$69,000

2654 Tuxedo St, Detroit, MI 48206

A 1920s two-family flat offering two 3-bedroom, 1-bath units with basement upgrades and multiple system replacements.

Days on Market10

Property Features for 2654 Tuxedo St

General Information

Standard status Active
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1924
Tenancy Multi
Listing Agency: eXp Realty LLC
Listed By: Jonathan Zaia · License #379825
Source: Elliman
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 30 at 6:27AM

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 eXp Realty LLC

Investment Insights

Based on property information with market context.

Built in the 1920s, this two-family flat includes two separate units, each with three bedrooms and one full bath. Updates listed in the property include replacement of the main city sewer line, updated electrical systems in both units, and boiler improvements consisting of a new boiler for the first-floor unit and a serviced, operational boiler for the second-floor unit. A new hot water heater is also noted for the first-floor unit.

The basement adds additional versatility with a newly added half bath that includes space to install a shower, three new wall furnaces, and a wet bar area. Appliances and a pool table are included with the property.

The home is described as being just beyond the Russell Woods and Boston-Edison neighborhoods, with access to major expressways and downtown reportedly minutes away. Bike and walk scores provided indicate the area is somewhat bikeable and car-dependent, with transit scoring as good.

Key Highlights

  • 1924‑built two‑family flat with 2 units, each offering 3 bedrooms and 1 full bath
  • Updates include replacement of the main city sewer line
  • First‑floor systems updated: new boiler and new hot water heater, plus updated electrical

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Restaurant Big Box & Wholesale Store

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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

264
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

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 - A 1920s two-family flat offering two 3-bedroom, 1-bath units with basement upgrades and multiple system replacements.
Where is this duplex located?
The property is located at 2654 Tuxedo St Detroit, MI.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: 1924‑built two‑family flat with 2 units, each offering 3 bedrooms and 1 full bath; Updates include replacement of the main city sewer line; First‑floor systems updated: new boiler and new hot water heater, plus updated electrical
More about this property
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