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Detroit Duplex with ROI Potential
For Sale
$59,000

5322 JOY Rd, Detroit, MI 48204

Updated duplex near I-96, offering excellent ROI potential.

Property Size2,392 SF
Lot Size0.10 Acres
Days on Market189

Property Features for 5322 JOY Rd

General Information

Standard status Active
Size 2,392 SF
Lot size 0.10 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $2,306

Building Details

Building Size 2,392 SF
Year Built 1922
Units 2
Listing Agency: Clyde Realty LLC
Listed By: Benjamin Ness · License #6501394137
Source: Elliman
Added: Mar 10 Changed: Sep 11 Last Checked: Sep 14 at 9:22AM

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 Clyde Realty LLC

Investment Insights

Based on property information with market context.

This duplex is located on Detroit's west side and presents an excellent return on investment opportunity. The property features an upper and lower unit that have been recently updated. It includes vinyl windows, a large front porch, and a full basement. The location is convenient, situated near the Joy Road and I-96 interchange.

Key Highlights

  • Excellent ROI potential as an updated upper/lower duplex.
  • Convenient location near Joy Rd. and I‑96 interchange.
  • Spacious duplex layout.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Parking Lot & Garage

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

308
Businesses Nearby

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
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 - Updated duplex near I-96, offering excellent ROI potential.
Where is this duplex located?
The property is located at 5322 JOY Rd Detroit, MI.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Excellent ROI potential as an updated upper/lower duplex.; Convenient location near Joy Rd. and I‑96 interchange.; Spacious duplex layout.
More about this property
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