Brick Duplex in Need of
For Sale
$70,000
284 E Philadelphia St, Detroit, MI 48202
Brick duplex in Detroit’s North End, zoned R3, requiring full rehabilitation for sale.
Days on Market95
Property Features for 284 E Philadelphia St
General Information
Standard status
Active
Property subtype
Investment
Zoning
R3
Building Details
Year Built
1907
Listing Agency:
RCH Brokerage Legacy, Inc.
(248) 440-2268
Listed By:
Clarence R Wilson · License #350554
(248) 440-2268
Source:
Elliman
Added: Apr 27
Changed: Jul 21
Last Checked: Jul 29 at 9:19AM
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 RCH Brokerage Legacy, Inc.
Investment Insights
Based on property information with market context.
This brick duplex in Detroit’s North End is zoned R3 and is being offered for sale with full rehab required. The property will need substantial work to restore it for occupancy or redevelopment.
Access details, frontage, and specific unit configurations are not provided in the available information, and buyers should review the attached DLBA requirements. The seller’s process requires that offers include detailed rehab plans and a financing plan with proof of funds or a pre-approval letter, or a new construction loan.
Additional terms reference possible incompatibility between tax capture and certain tax abatements, and requests to waive DLBA tax capture rights may require a payment in lieu of taxes determined through review of the development financing. BATVAI.
Access details, frontage, and specific unit configurations are not provided in the available information, and buyers should review the attached DLBA requirements. The seller’s process requires that offers include detailed rehab plans and a financing plan with proof of funds or a pre-approval letter, or a new construction loan.
Additional terms reference possible incompatibility between tax capture and certain tax abatements, and requests to waive DLBA tax capture rights may require a payment in lieu of taxes determined through review of the development financing. BATVAI.
Key Highlights
- Brick duplex built in 1907 in Detroit’s North End
- Zoned R3
- Property requires full rehab
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
941
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex in Detroit’s North End, zoned R3, requiring full rehabilitation for sale.
Where is this duplex located?
The property is located at 284 E Philadelphia St Detroit, MI.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Brick duplex built in 1907 in Detroit’s North End; Zoned R3; Property requires full rehab
