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Detroit Duplex with Vacant Unit
For Sale
$199,900
Pending

5145 Iroquois St, Detroit, MI 48213

Side-by-side duplex near Downtown Detroit with investment potential.

Days on Market107

Property Features for 5145 Iroquois St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1919
Listing Agency:
Listed By: Anthony Bertrand
Source: Elliman
Added: Apr 15 Changed: Jul 10 Last Checked: Jul 30 at 6:13AM

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 Anthony Bertrand

Investment Insights

Based on property information with market context.

This side-by-side duplex features private entrances for each unit, each containing 2 bedrooms. The upper unit is currently rented at $1,305 per month. The lower unit is vacant, presenting an opportunity for either owner-occupancy or investment. The property is located near Indian Village, Downtown Detroit, Eastern Market, and West Village. An adjacent lot is included, adding to the property's value. The location has a bike score of 68, indicating it is bikeable, a walk score of 50, indicating it is somewhat walkable, and a transit score of 54, indicating good transit options.

Key Highlights

  • Vacant lower unit ideal for house hacking or immediate rental income.
  • Upper unit currently rented at $1,305/month providing existing income stream.
  • Located near desirable Detroit neighborhoods: Indian Village, Downtown, Eastern Market, and West Village.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center HVAC 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.

Location Intelligence

Trade Area within ½ mile

268
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
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Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side duplex near Downtown Detroit with investment potential.
Where is this duplex located?
The property is located at 5145 Iroquois St Detroit, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Vacant lower unit ideal for house hacking or immediate rental income.; Upper unit currently rented at $1,305/month providing existing income stream.; Located near desirable Detroit neighborhoods: Indian Village, Downtown, Eastern Market, and West Village.
More about this property
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