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Leased Brick Duplex Investment
For Sale
$135,000

2690 Pasadena St, Detroit, MI 48238

Stately brick duplex with two spacious 3-bedroom units, both currently leased.

Property Size2,650 SF
Price / SF$50.94
Days on Market73

Property Features for 2690 Pasadena St

General Information

Standard status Active
Size 2,650 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1926
Tenancy Multi
Listing Agency: Clyde Realty LLC
Listed By: Benjamin Ness · License #6501394137
Source: Vmrealestatemichigan
Added: Jul 4 Changed: Sep 9 Last Checked: Sep 13 at 11:48AM

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 stately brick duplex features two spacious 3-bedroom units. Both units are currently actively leased, with the property described as professionally managed. Leases and ledgers are available upon request, and showings are not permitted prior to an accepted offer.

The property is located on Detroit’s west side. The area is described as somewhat bikeable, car-dependent, and having good transit.

As presented, this is a residential income property structured as a duplex with independent leased living units and existing rental income in place.

Key Highlights

  • Stately brick duplex built in 1926
  • Two spacious 3‑bedroom units, both currently leased
  • Unit rents are $950 and $1,050 (both actively leased)

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Gym & Fitness Center (Bike/Boat/Book/etc) 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

448
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 - Stately brick duplex with two spacious 3-bedroom units, both currently leased.
Where is this duplex located?
The property is located at 2690 Pasadena St Detroit, MI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Stately brick duplex built in 1926; Two spacious 3‑bedroom units, both currently leased; Unit rents are $950 and $1,050 (both actively leased)
More about this property
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