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Duplex with Unfinished Basements
New
For Sale
$139,900

3026 Lothrop Street, Detroit, MI 48206

Multifamily, 2 Story, Detroit, MI

Property Size2,054 SF
Lot Size0.08 Acres
Price / SF$68.11
Days on Market3

Property Features for 3026 Lothrop Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 2
Pets allowed Call
Subdivision Crosman & Mc Kays Sub
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions N of W Grand Blvd / E of Grand River
Standard status Active
APN W12I001242S
Size 2,054 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description N LOTHROP 81 CROSMAN & MC KAYS SUB L17 P98 PLATS, W C R 12/98 30 X 120
Tax Annual Amount 3916
Legal Description N LOTHROP 81 CROSMAN & MC KAYS SUB L17 P98 PLATS, W C R 12/98 30 X 120

Utilities

Heating system Steam
Water source Public

Building Details

Year built 1926
Floors in Building 2
Number of units 2
Building materials Brick
Architectural style Colonial
Listing Agency: EXP Realty Main
Listed By: Ronnie Alauddin · License #6501411264
Added: Sep 12 Changed: Sep 13 Last Checked: Sep 14 at 12:06PM
MLS# 20261073681

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,054-square-foot brick duplex was built in 1926 and features a Colonial architectural style. The two-story property contains two residential units, each with 2 bedrooms, 1 full bath, a kitchen, and an unfinished basement. Steam heating and public water service are in place, while the property sits on a 0.08-acre lot.

Located at 3026 Lothrop Street in Detroit, the property is north of W Grand Blvd and east of Grand River. Both units are tenant-occupied, with tenants paying their own gas and electric service. The landlord is responsible for taxes and water. Zoning is designated Multi-Family, Residential.

Key Highlights

  • Two‑unit duplex with 2,054 square feet of building area
  • Each unit includes 2 bedrooms, 1 full bath, a kitchen, and an unfinished basement
  • Built in 1926 with brick construction and Colonial architectural style

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Spa & Massage Center Bakery

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

602
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
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 - Tenant-occupied two-unit property with separate kitchens, two bedrooms per unit, and multifamily residential zoning.
Where is this duplex located?
The property is located at 3026 Lothrop Street Detroit, MI.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,054 square feet of building area; Each unit includes 2 bedrooms, 1 full bath, a kitchen, and an unfinished basement; Built in 1926 with brick construction and Colonial architectural style
More about this property
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