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Renovated Duplex with Leased Units
For Sale
$199,000
Pending

5044 Fairview Street, Detroit, MI 48213

Multifamily, 2 Story, Detroit, MI

Property Size2,160 SF
Lot Size0.07 Acres
Days on Market87

Property Features for 5044 Fairview Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Basement, Bathroom 2
Pets allowed Call
Subdivision Fassolds Garden
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions e warren & fairview
Standard status Pending
APN W21I042227S
Size 2,160 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description E FAIRVIEW 9 FASSOLDS GARDEN SUB L27 P54 PLATS, W C R 21/564 31 X 100.5
Tax Annual Amount 2199
Legal Description E FAIRVIEW 9 FASSOLDS GARDEN SUB L27 P54 PLATS, W C R 21/564 31 X 100.5

Utilities

Heating system Forced Air

Building Details

Year built 1924
Floors in Building 2
Number of units 2
Building materials Vinyl
Architectural style Other
Listing Agency: Realtyflo Inc
Listed By: Marta Kopania · License #6501424283
Added: May 29 Changed: Aug 19 Last Checked: Aug 23 at 3:06AM
MLS# 20261039447

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,160-square-foot duplex contains two three-bedroom, one-bathroom units. Both residences have updated kitchens, new flooring, recently installed carpet, and fresh interior paint. Electrical and plumbing improvements have been completed, while the furnaces and water heaters have been recently serviced. Vinyl construction and forced-air heating serve the property, which was built in 1924.

Both units are leased with Section 8 tenants in place. Tenants pay all utilities other than water. The property is zoned Multi-Family and occupies a 0.07-acre lot at 5044 Fairview Street in Detroit, Michigan 48213. Schools, neighborhood amenities, and freeway access are identified in the surrounding area.

Key Highlights

  • Duplex with 2 units, each offering 3 bedrooms and 1 bathroom
  • 2,160 square feet on a 0.07‑acre lot
  • Both units leased with Section 8 tenants in place

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Gym & Fitness Center

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
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two updated residential units offer renovated interiors, refreshed systems, and existing Section 8 tenancy.
Where is this duplex located?
The property is located at 5044 Fairview Street Detroit, MI.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 3 bedrooms and 1 bathroom; 2,160 square feet on a 0.07‑acre lot; Both units leased with Section 8 tenants in place
More about this property
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