Two-Unit Residential Income
For Sale
$119,900
3309 LOTHROP Street, Detroit, MI 48206
Two-family residential income property offered for sale, ready for upgrades and value-add improvements.
Property Size2,800 SF
Price / SF$42.82
Days on Market602
Property Features for 3309 LOTHROP Street
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1914
Listing Agency:
FLORIDA CAPITAL REALTY
(786) 953-5870
Listed By:
Richard Williams · License #3320570
(786) 953-5870
Source:
Exitrealty
Added: Dec 5, 2024
Changed: Jul 21
Last Checked: Jul 30 at 5:48AM
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 FLORIDA CAPITAL REALTY
Investment Insights
Based on property information with market context.
This large two-family residential income property is being offered for sale and is described as ready for the TLC it needs. The building size is listed at 2,800 square feet, and it functions as a duplex, providing two separate residential units under one ownership.
The property is located at 3309 LOTHROP Street in Detroit, MI 48206. Public remarks note it is just minutes from W Grand Blvd and Henry Ford Hospital, with shopping nearby.
If you’re looking for a duplex with the opportunity to improve the property, this asset is presented as a substantial option in a convenient area.
The property is located at 3309 LOTHROP Street in Detroit, MI 48206. Public remarks note it is just minutes from W Grand Blvd and Henry Ford Hospital, with shopping nearby.
If you’re looking for a duplex with the opportunity to improve the property, this asset is presented as a substantial option in a convenient area.
Key Highlights
- Two‑family residential income property built in 1914
- Offered for sale as a value‑add property with upgrades and improvement potential
- Described as needing TLC and ready for renovations
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,619
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residential income property offered for sale, ready for upgrades and value-add improvements.
Where is this duplex located?
The property is located at 3309 LOTHROP Street Detroit, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Two‑family residential income property built in 1914; Offered for sale as a value‑add property with upgrades and improvement potential; Described as needing TLC and ready for renovations
