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Renovated Two-Unit Duplex
For Sale
$290,000

2741 Monterey St, Detroit, MI 48203

Two updated residences provide separate living spaces within a flexible multifamily configuration.

Property Size4,050 SF
Price / SF$71.60
Days on Market13

Property Features for 2741 Monterey St

General Information

Standard status Active
Size 4,050 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $891

Building Details

Buildings 1
Listing Agency: EXP Z Real Estate
Listed By: Jonathan Zaia · License #379825
Source: Exprealty
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 30 at 6:21PM

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 Z Real Estate

Investment Insights

Based on property information with market context.

Built in 1925, this duplex contains two separate residences, each arranged with two bedrooms, one full bathroom, living space, a kitchen, and an updated bathroom. Renovation work has modernized both units while retaining the property’s original character, creating a practical configuration for occupancy or rental use.

The property is located at 2741 Monterey St in Detroit, Michigan, with access to major roads, local businesses, shopping, dining, schools, and other amenities. WalkScore is 63, BikeScore is 47, and TransitScore is 49.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bathroom in each unit
  • Both residences have been renovated with updated kitchens, bathrooms, and finishes
  • Built in 1925

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residences provide separate living spaces within a flexible multifamily configuration.
Where is this duplex located?
The property is located at 2741 Monterey St Detroit, MI.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom in each unit; Both residences have been renovated with updated kitchens, bathrooms, and finishes; Built in 1925
More about this property
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