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Duplex For Sale

4055 Carter St, Detroit, MI 48204

For Sale
$40,000

Duplex with restoration potential, sold as-is, cash only.

Property Size2,542 SF
Price / SF$15.74
Days on Market226

Property Features for 4055 Carter St

General Information

Standard status Active
Size 2,542 SF
Property subtype Multi-Family

Site & Location

Neighborhood Petoskey-Otsego

Building Details

Year Built 1916
Listing Agency: RE/MAX Classic
Listed By: Thomas Hutt
Source: Premiermichiganhomesearch
Added: Apr 3 Changed: Oct 25 Last Checked: Oct 7 at 1:04PM

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 RE/MAX Classic

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex presents an opportunity for a homeowner or investor. The property features a floor plan with potential for restoration. It is being sold as-is and is suitable for cash purchase only. The location has a bike score of 54, indicating it is bikeable, a walk score of 35, indicating car-dependent, and a transit score of 52, indicating good transit.

Key Highlights

  • Duplex: Excellent opportunity for homeowner or investor.
  • Strong potential for restoration to original charm.
  • Desirable floor plan.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
View Realmo Analytics

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 - Duplex with restoration potential, sold as-is, cash only.
Where is this duplex located?
The property is located at 4055 Carter St Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Duplex: Excellent opportunity for homeowner or investor.; Strong potential for restoration to original charm.; Desirable floor plan.
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