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2-Unit Brick Duplex
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 Market21

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 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Basement, Bedroom 4
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 26 Last Checked: Oct 2 at 10:06PM
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 duplex dates to 1926 and has brick construction with steam heat. Its two residences each contain two bedrooms, one full bathroom, and a kitchen. An unfinished basement provides additional building space. The property sits on a 0.08-acre lot and is zoned for multifamily and residential use.

Tenants cover gas and electric service; the landlord pays property taxes and water. The building is currently occupied by tenants.

Key Highlights

  • Two units, each with 2 bedrooms, 1 full bath, and a kitchen
  • 2,054 square feet on a 0.08‑acre lot
  • Built in 1926 with brick construction and steam heat

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 - Both residences are tenant-occupied, with tenants paying their own gas and electric service.
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 units, each with 2 bedrooms, 1 full bath, and a kitchen; 2,054 square feet on a 0.08‑acre lot; Built in 1926 with brick construction and steam heat
More about this property
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