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Restored Detroit Duplex Investment Property
For Sale
$185,000

3290 Tuxedo St, Detroit, MI 48206

Turnkey duplex in Detroit with tenants and consistent income.

Property Size2,598 SF
Days on Market111

Property Features for 3290 Tuxedo St

General Information

Standard status Active
Size 2,598 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,063

Building Details

Building Size 2,598 SF
Year Built 1924
Units 2
Listing Agency: Downtown Realty
Listed By: Marta Kopania · License #6501424283
Source: Elliman
Added: Apr 24 Changed: Aug 7 Last Checked: Aug 11 at 7:41AM

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 Downtown Realty

Investment Insights

Based on property information with market context.

This fully restored duplex presents a turnkey investment opportunity. Each unit includes 3 bedrooms and 1 bathroom, featuring bright, updated living spaces, renovated kitchens, refinished flooring, fresh carpet, and fresh paint throughout. Major improvements have been completed, including electrical and plumbing updates, freshly serviced boilers, and water heaters. Both units are newly leased as of April with Section 8 tenants in place, generating $1,156 and $1,055 per month. Tenants are responsible for all utilities except water. The property is conveniently located near neighborhood amenities, schools, and freeway access, delivering consistent income. The bike score is 54, indicating it is bikeable, the walk score is 35, indicating it is car-dependent, and the transit score is 52, indicating good transit.

Key Highlights

  • Turnkey duplex investment property with immediate income.
  • Both units newly leased with Section 8 tenants, generating a combined $2,211 monthly income.
  • Major systems updated: electrical, plumbing, boilers, and water heaters.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic

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

264
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

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 - Turnkey duplex in Detroit with tenants and consistent income.
Where is this duplex located?
The property is located at 3290 Tuxedo St Detroit, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Turnkey duplex investment property with immediate income.; Both units newly leased with Section 8 tenants, generating a combined $2,211 monthly income.; Major systems updated: electrical, plumbing, boilers, and water heaters.
More about this property
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