Detroit Multifamily Investment
For Sale
Contact for pricing
4824 CORTLAND St, Detroit, MI 48204
Multifamily home with two units, ideal for restoration.
Property Size2,406 SF
Lot Size0.09 Acres
Days on Market166
Property Features for 4824 CORTLAND St
General Information
Standard status
Active
Size
2,406 SF
Lot size
0.09 Acres
Property subtype
Investment
Building Details
Building Size
2,406 SF
Year Built
1926
Units
2
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Mar 12
Changed: Aug 11
Last Checked: Aug 24 at 7:31AM
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 SCS Great Lakes INC
Investment Insights
Based on property information with market context.
This multifamily home, featuring two spacious units, presents an investment opportunity. Suited for investors interested in restoration and revitalization, the property offers potential for future income generation. The property is sold as is. The Detroit Land Bank is entitled to a tax capture for the 5 tax years after the property ownership is transferred. The tax capture may not be compatible with tax abatement otherwise available to the purchaser. The Detroit Land Bank will review requests to waive its tax capture rights and may require a payment instead of taxes to approve such requests.
Key Highlights
- Multifamily home featuring two spacious units.
- Excellent investment opportunity for the discerning buyer.
- Great potential for generating future income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
350
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Multifamily home with two units, ideal for restoration.
Where is this duplex located?
The property is located at 4824 CORTLAND St Detroit, MI.
What are key features of this property?
This property features: Multifamily home featuring two spacious units.; Excellent investment opportunity for the discerning buyer.; Great potential for generating future income.
