Two-Family Brick Residential
For Sale
$75,000
Pending
4317 Waverly St, Detroit, MI 48238
Solid brick two-family home sold as-is, offering rental income potential with an investor or owner-occupant renovation plan.
Property Size2 SF
Days on Market53
Property Features for 4317 Waverly St
General Information
Standard status
Pending
Size
2 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$9,453
Building Details
Building Size
2 SF
Year Built
1926
Units
2
Listing Agency:
CJV Real Estate
(586) 792-8000
Listed By:
Anthony R Raffin · License #6506044707
Source:
Elliman
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 12 at 9:03AM
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 CJV Real Estate
Investment Insights
Based on property information with market context.
This solid brick two-family residential property is available for sale as-is and does require some TLC. The home is configured as a duplex, providing two separate residential units within one building. The current condition makes it well suited for buyers who want to renovate, customize, and restore the property to their preferred finish level.
Located in Detroit’s Russell Woods neighborhood, the property is described as convenient to everyday needs including shopping, parks, schools, and public transportation. The provided mobility data indicates it is somewhat bikeable and offers some transit access, while walkability is lower and the area is characterized as car-dependent.
For investors, the duplex format can support rental-income use as part of a broader residential income strategy, subject to completing the needed improvements. For owner-occupants, the two-family layout may allow for flexibility between living in one unit and renting the other after renovations. Given the as-is sale and TLC requirement, prospective buyers should plan for remediation and updates to bring the property to market-ready condition.
Located in Detroit’s Russell Woods neighborhood, the property is described as convenient to everyday needs including shopping, parks, schools, and public transportation. The provided mobility data indicates it is somewhat bikeable and offers some transit access, while walkability is lower and the area is characterized as car-dependent.
For investors, the duplex format can support rental-income use as part of a broader residential income strategy, subject to completing the needed improvements. For owner-occupants, the two-family layout may allow for flexibility between living in one unit and renting the other after renovations. Given the as-is sale and TLC requirement, prospective buyers should plan for remediation and updates to bring the property to market-ready condition.
Key Highlights
- Solid brick two‑family home built in 1926
- Sold as‑is and requires some TLC
- Home offers rental income potential per listing description (two‑family layout)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 48238, MI
25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
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 - Solid brick two-family home sold as-is, offering rental income potential with an investor or owner-occupant renovation plan.
Where is this duplex located?
The property is located at 4317 Waverly St Detroit, MI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Solid brick two‑family home built in 1926; Sold as‑is and requires some TLC; Home offers rental income potential per listing description (two‑family layout)
