Building Details

Building Size 2,542 SF

Year Built 1916

Units 2

Listing Agency: RE/MAX Classic t***@gmail.com Show Phone

Listed By: Thomas Hutt Show Phone

Source: Elliman

Added: Apr 3 Changed: Aug 8 Last Checked: Aug 11 at 11:01AM

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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

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail 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.

Location Intelligence

Trade Area within ½ mile

294

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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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.