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Duplex with Upper-Level Balcony
For Sale
$225,000

3485 Parker Street, Detroit, MI 48214

Each residence has two bedrooms and one bathroom, with a private outdoor feature serving the upper unit.

Property SizeContact for details
Days on Market11

Property Features for 3485 Parker Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning Multi-Family

Site & Location

Neighborhood Gratiot-Grand
Highway Access Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,058

Amenities

private balcony

Building Details

Year Built 1924
Buildings 1
Listing Agency: DOBI Real Estate
Listed By: Thanh Thieu Walker · License #461649
Source: Alleyrealestatesales
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 30 at 5:08AM

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 DOBI Real Estate

Rey
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Investment Insights

Based on property information with market context.

This Detroit duplex, built in 1924, contains two residences, each with 2 bedrooms and 1 bathroom. A private balcony is attached to the upper unit. The property is zoned Multi-Family.

Key Highlights

  • Two‑unit duplex at 3485 and 3487 Parker Street in Detroit
  • Each unit has 2 bedrooms and 1 bathroom
  • Private balcony serving the upper unit

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with a private outdoor feature serving the upper unit.
Where is this duplex located?
The property is located at 3485 Parker Street Detroit, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit duplex at 3485 and 3487 Parker Street in Detroit; Each unit has 2 bedrooms and 1 bathroom; Private balcony serving the upper unit
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