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Rented Three-Bedroom Duplex
For Sale
$184,000

449 W Evelyn Avenue Hazel, Hazel Park, MI 48030

Income-producing residential property with spacious layouts, natural gas, and wall furnace heating.

Property SizeContact for details
Days on Market87

Property Features for 449 W Evelyn Avenue Hazel

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

Natural Gas
Wall Furnace

Building Details

Year Built 1925
Listed By: Joe Hammel · License #422602
Source: Kw
Added: Jul 18 Changed: Oct 11 Last Checked: Oct 11 at 3:57AM

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 Joe Hammel

Investment Insights

Based on property information with market context.

This duplex property offers spacious 3-bedroom, 2-bath residences and is currently rented. Interior features include natural gas service and wall furnace heating. The improvements date to 1925, providing an established residential asset for an investor seeking an occupied property.

The property is located in Hazel Park, a Detroit-area suburb near the Ferndale border. Its position places the asset within an established suburban residential setting. Financing options identified for the property include FHA, VA, conventional, hard money, cash, and DSCR financing.

Key Highlights

  • Rented duplex property with 3‑bedroom, 2‑bath residences
  • Natural gas service
  • Wall furnace heating

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby

Demographics for 48030, MI

14,983
Population
7,149
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
2.8 sq mi
ZIP Area
5,351
Density / Sq Mi
$62,878
Median Household Income
$42,374
Median Earnings
$1,221
Median Rent
$141,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Income-producing residential property with spacious layouts, natural gas, and wall furnace heating.
Where is this duplex located?
The property is located at 449 W Evelyn Avenue Hazel Hazel Park, MI.
What is the asking price?
The asking price for this property is $184,000.
What are key features of this property?
This property features: Rented duplex property with 3‑bedroom, 2‑bath residences; Natural gas service; Wall furnace heating
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