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Two-Unit Multifamily Duplex
For Sale
$150,000

2962 Fullerton, Detroit, MI 48238

Duplex with two units, including a 4-bedroom and a 3-bedroom, offered as part of a 11-property portfolio.

Property Size2,600 SF
Days on Market140

Property Features for 2962 Fullerton

General Information

Standard status Active
Size 2,600 SF
Property subtype Investment

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,784

Building Details

Building Size 2,600 SF
Year Built 1927
Units 2
Construction early-20th-century
Tenancy Multi
Listing Agency: Keller Williams Professionals
Listed By: Michael Gerisch
Source: Elliman
Added: Apr 28 Changed: Sep 10 Last Checked: Sep 14 at 9:41AM

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 Keller Williams Professionals

Investment Insights

Based on property information with market context.

Located at 2962 Fullerton in Detroit, this for-sale duplex offers two residential units, including one 4-bedroom and one 3-bedroom. The property’s exterior reflects early-20th-century architecture.

The home is described as being minutes from Russell Woods, Boston-Edison, New Center, and Midtown. WalkScore is listed at 31 (Car-Dependent), bikeScore at 38 (Somewhat Bikeable), and transitScore at 50 (Good Transit).

This listing is one of 11 properties being sold together as part of a portfolio within the Downtown Area; buyers may purchase one or multiple properties. Additional MLS references for the other properties are provided in the remarks.

Key Highlights

  • Built in 1927, 2‑unit multifamily duplex in Detroit’s Dexter–Linwood area
  • Unit mix includes one 4‑bedroom unit and one 3‑bedroom unit
  • Offered as part of an 11‑property portfolio sold within the Downtown Area—buy 1 or multiple properties

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Gym & Fitness Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

416
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
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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 - Duplex with two units, including a 4-bedroom and a 3-bedroom, offered as part of a 11-property portfolio.
Where is this duplex located?
The property is located at 2962 Fullerton Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Built in 1927, 2‑unit multifamily duplex in Detroit’s Dexter–Linwood area; Unit mix includes one 4‑bedroom unit and one 3‑bedroom unit; Offered as part of an 11‑property portfolio sold within the Downtown Area—buy 1 or multiple properties
More about this property
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