Two-Family Residential
For Sale
$70,000
4617 University Pl, Detroit, MI 48224
Two separate units with independent electric service and entrances, offered as-is to cash buyers only.
Property Size1,274 SF
Days on Market58
Property Features for 4617 University Pl
General Information
Standard status
Active
Size
1,274 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,048
Building Details
Building Size
1,274 SF
Year Built
1928
Units
2
Listing Agency:
(313) 300-9955
Listed By:
Andre Finley · License #6501390951
(313) 300-9955
Source:
Elliman
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 11 at 10:49AM
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 Andre Finley
Investment Insights
Based on property information with market context.
This two-family property includes an upper unit with three bedrooms and a lower unit with two bedrooms. The units have separate entrances and separate electric service, with one boiler serving the property. The sale is subject to limited access, and the property is currently occupied by squatters. The property is being sold as-is, and room dimensions are estimated and not guaranteed.
The home is described as being in a desirable rental area, with convenience to shopping, dining, and major roadways. It is noted as being near East English Village and Grosse Pointe, with bike, walk, and transit scores provided in the listing materials.
For cash buyers, this offering may be suitable for an investor willing to take on a renovation project and manage an occupied as-is condition at the time of sale. The separate entrances and electric service can support straightforward unit separation from an operating standpoint, while the current occupancy and limited access should be reviewed carefully before proceeding.
The home is described as being in a desirable rental area, with convenience to shopping, dining, and major roadways. It is noted as being near East English Village and Grosse Pointe, with bike, walk, and transit scores provided in the listing materials.
For cash buyers, this offering may be suitable for an investor willing to take on a renovation project and manage an occupied as-is condition at the time of sale. The separate entrances and electric service can support straightforward unit separation from an operating standpoint, while the current occupancy and limited access should be reviewed carefully before proceeding.
Key Highlights
- Two‑family property built in 1928, sold as‑is for cash buyers only
- Upper unit has 3 bedrooms and the lower unit has 2 bedrooms
- Separate entrances for each unit
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
825
Businesses Nearby
Explore this area
Business Placement
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units with independent electric service and entrances, offered as-is to cash buyers only.
Where is this duplex located?
The property is located at 4617 University Pl Detroit, MI.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Two‑family property built in 1928, sold as‑is for cash buyers only; Upper unit has 3 bedrooms and the lower unit has 2 bedrooms; Separate entrances for each unit
