Brick Duplex in Russell
For Sale
$55,000
4274 Cortland St, Detroit, MI 48204
Spacious duplex in a sought-after neighborhood, ready for renovation.
Property Size2,324 SF
Lot Size0.09 Acres
Price / SF$23.91
Days on Market165
Property Features for 4274 Cortland St
General Information
Standard status
Active
Size
2,324 SF
Lot size
0.09 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$1,160
Building Details
Building Size
2,324 SF
Year Built
1924
Units
2
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 20 at 11:46AM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This brick duplex features over 2,300 square feet of living space, comprising two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Situated near Broadstreet Ave and Cortland St, it offers convenient access to Davison, Livernois, and Grand River. Located in the Russell Woods neighborhood, known for its classic architecture and strong community presence, the property is zoned for residential use. It presents redevelopment potential or opportunities for a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. Interested buyers must submit a proposal that includes a project proposal with the intended use of the structure and timeline, proof of funds, a scope of work detailing renovation costs, and proof of previous projects including addresses and photos. The sale is contingent on the execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five tax years following the transfer of ownership. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood.
Key Highlights
- Vacant duplex with over 2,300 sq ft, ready for renovation.
- Located in the desirable Russell Woods neighborhood.
- Strong potential for redevelopment or new residential project.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
388
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Spacious duplex in a sought-after neighborhood, ready for renovation.
Where is this duplex located?
The property is located at 4274 Cortland St Detroit, MI.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Vacant duplex with over 2,300 sq ft, ready for renovation.; Located in the desirable Russell Woods neighborhood.; Strong potential for redevelopment or new residential project.
