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Updated Duplex with Two 3-Bedroom Units
For Sale
$250,000

3808 Monterey St, Detroit, MI 48206

Renovated two-unit property with new building systems, windows, flooring, and bathroom finishes.

Property Size2,400 SF
Days on Market10

Property Features for 3808 Monterey St

General Information

Standard status Active
Size 2,400 SF
Property subtype Investment

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $693

Building Details

Building Size 2,400 SF
Year Built 1925
Units 2
Listing Agency: KW Commercial Dearborn
Listed By: Nick Jaafar · License #6501403947
Source: Elliman
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 21 at 11:56AM

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 KW Commercial Dearborn

Investment Insights

Based on property information with market context.

This duplex contains two three-bedroom units and has undergone extensive interior and systems updates. Improvements include two new furnaces, two new hot water tanks, replacement windows and doors, new flooring installed over plywood, fresh paint, recessed lighting, and an updated bathroom. The configuration provides separate residential units with three bedrooms in each.

Key Highlights

  • Two 3‑bedroom units within a duplex
  • Two new furnaces and two new hot water tanks
  • All‑new windows and doors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Hair Salon

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

403
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 - Renovated two-unit property with new building systems, windows, flooring, and bathroom finishes.
Where is this duplex located?
The property is located at 3808 Monterey St Detroit, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two 3‑bedroom units within a duplex; Two new furnaces and two new hot water tanks; All‑new windows and doors
More about this property
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