Detroit Duplex with Investment
For Sale
$86,000
3930 Mt Elliott Street, Detroit, MI 48207
Turnkey duplex near downtown Detroit, ideal for investors.
Property Size4,792 SF
Price / SF$17.95
Days on Market184
Property Features for 3930 Mt Elliott Street
General Information
Standard status
Active
Size
4,792 SF
Property subtype
Residential Income / Multi Family
Taxes and HOA fees
Annual Taxes
$2,611
Amenities
Forced Air, Natural Gas
true
Yes
Common Area
Sidewalks
Building Details
Year Built
1916
Listing Agency:
@properties Christie's Int'lAA
Listed By:
Giselle Gaitan · License #6501442113
(586) 859-9365
Source:
Compass
Added: Mar 27
Changed: Sep 25
Last Checked: Sep 26 at 1:00PM
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 @properties Christie's Int'lAA
Investment Insights
Based on property information with market context.
This fully occupied duplex in Detroit presents an opportunity for investors or buyers seeking to expand their portfolio. The property features a functional layout and a solid structure, making it suitable for rental income and future value-add improvements. The location provides convenient access to major freeways, downtown Detroit, Belle Isle, and local amenities. An adjacent lot is included in the sale. The property has a bike score of 65, indicating it is bikeable. The walk score is 58, meaning it is somewhat walkable, and the transit score is 52, indicating good transit options.
Key Highlights
- Fully occupied duplex providing immediate rental income.
- Adjacent lot included in the sale.
- Convenient location near major freeways, downtown Detroit, and Belle Isle.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex near downtown Detroit, ideal for investors.
Where is this duplex located?
The property is located at 3930 Mt Elliott Street Detroit, MI.
What is the asking price?
The asking price for this property is $86,000.
What are key features of this property?
This property features: Fully occupied duplex providing immediate rental income.; Adjacent lot included in the sale.; Convenient location near major freeways, downtown Detroit, and Belle Isle.
