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Two-Unit Duplex

4032 Carter St, Detroit, MI 48204

For Sale
New
$125,000

Both residences are occupied and offer matching two-bedroom, one-bathroom layouts.

Property Size3,482 SF
Price / SF$35.90
Days on Market5

Property Features for 4032 Carter St

General Information

Standard status Active
Size 3,482 SF
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Petoskey-Otsego
Highway Access Yes
Public Transit Yes

Units

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

Additional Details

Gross Income $19,572
Tenant in Place Yes

Building Details

Year Built 1916
Listing Agency: Century 21 Curran & Oberski
Listed By: Michael Gerisch · License #6501414774
Source: Metrodetroithomeguide
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 6 at 2:38PM

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 Century 21 Curran & Oberski

Rey
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Investment Insights

Based on property information with market context.

Built in 1916, this Detroit duplex contains 3,482 square feet and is arranged as two separate residences. Each unit has two bedrooms and one full bathroom, for a combined total of four bedrooms and two bathrooms. Both units are tenant-occupied.

The property is near schools, shopping, parks, public transportation, and major freeways.

Key Highlights

  • Two separate units, each with 2 bedrooms and 1 full bathroom
  • Both units are tenant‑occupied
  • 3,482 square feet

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Detroit, MI

$74.99 Jul
$64.02 Aug
$63.72 Sep
$66.21 Oct

Properties on Market for Duplexes in Detroit

Jul
Aug
Sep
Oct

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 - Both residences are occupied and offer matching two-bedroom, one-bathroom layouts.
Where is this duplex located?
The property is located at 4032 Carter St Detroit, MI.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 1 full bathroom; Both units are tenant‑occupied; 3,482 square feet
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