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Eastlawn Investment Property Opportunity
For Sale
$149,999
Pending

295 Eastlawn St, Detroit, MI 48215

Investment property in Jefferson/Chalmers area with cash-flowing units.

Days on Market107

Property Features for 295 Eastlawn St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1926
Listing Agency:
Listed By: Tramar Clay · License #6501424393
Source: Elliman
Added: Apr 15 Changed: Jul 10 Last Checked: Jul 30 at 12:52PM

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 Tramar Clay

Investment Insights

Based on property information with market context.

This investment property is located in the Jefferson/Chalmers area and features two leased units. The lower unit includes 2 bedrooms, 1 bath, a kitchen, a living room, and a dining room. The upper unit mirrors this layout, also offering 2 bedrooms, 1 bath, a kitchen, a living room, and a dining room. A full shared basement is included. The property is tenant-occupied, and showings require a 24-hour notice. The net annual income is estimated. The property has a bike score of 57, indicating it is bikeable, a walk score of 64, indicating it is somewhat walkable, and a transit score of 44, indicating some transit options are available.

Key Highlights

  • Investment property with cash‑flowing units
  • Both units are currently leased
  • Each unit features 2 bedrooms and 1 bath, complete with a kitchen, living room, and dining room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
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 - Investment property in Jefferson/Chalmers area with cash-flowing units.
Where is this duplex located?
The property is located at 295 Eastlawn St Detroit, MI.
What is the asking price?
The asking price for this property is $149,999.
What are key features of this property?
This property features: Investment property with cash‑flowing units; Both units are currently leased; Each unit features 2 bedrooms and 1 bath, complete with a kitchen, living room, and dining room
More about this property
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