Brick Two-Unit
For Sale
$139,000
5771 Chatsworth St, Detroit, MI 48224
Three-bedroom duplex with both units occupied, period character, and updated kitchens.
Property Size2,704 SF
Price / SF$51.41
Days on Market101
Property Features for 5771 Chatsworth St
General Information
Standard status
Active
Size
2,704 SF
Property subtype
Multi-Family
Occupancy
100%
Financials
Cap Rate
8%
Business Included
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1928
Listing Agency:
Douglas Rose Realty
Listed By:
Garrett Blair
(810) 623-0228
Source:
Premiermichiganhomesearch
Added: Jun 24
Changed: Oct 1
Last Checked: Oct 1 at 12:43PM
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 Douglas Rose Realty
Investment Insights
Based on property information with market context.
5771 Chatsworth is a brick two-family flat in Detroit’s Morningside neighborhood, configured as a three-bedroom, one-bath unit over a matching three-bedroom, one-bath unit. Both apartments are currently occupied and stabilized, preserving original period details throughout, including dark stained hardwood floors, decorative plaster wall panels, tiled fireplaces, and arched window openings. Each unit also includes updated kitchen cabinetry, tile backsplash, and a gas range, with its own water heater located in the shared basement. A detached garage is located off the rear drive.
The building is fully leased and current. The lower unit rents for $950 per month through April 2027 and the upper unit rents for $850 per month through July 2027, with both tenants paying cash. Combined gross is $1,800 per month, or $21,600 annually, with net operating income listed at approximately $11,800. Morningside is described as having some of the most intact brick housing on Detroit’s far east side and sits close to the Grosse Pointe border, with the Mack Avenue corridor and Grosse Pointe shopping and dining a short drive east. Access to I-94 is described as straightforward, and Chandler Park with its golf course and aquatic center is nearby.
For a buyer seeking an income-producing acquisition rather than a lease-up, this property is positioned as turnkey, with updates already in place and both units generating current rental income. Showings are by appointment only, and proof of funds or pre-approval is required.
The building is fully leased and current. The lower unit rents for $950 per month through April 2027 and the upper unit rents for $850 per month through July 2027, with both tenants paying cash. Combined gross is $1,800 per month, or $21,600 annually, with net operating income listed at approximately $11,800. Morningside is described as having some of the most intact brick housing on Detroit’s far east side and sits close to the Grosse Pointe border, with the Mack Avenue corridor and Grosse Pointe shopping and dining a short drive east. Access to I-94 is described as straightforward, and Chandler Park with its golf course and aquatic center is nearby.
For a buyer seeking an income-producing acquisition rather than a lease-up, this property is positioned as turnkey, with updates already in place and both units generating current rental income. Showings are by appointment only, and proof of funds or pre-approval is required.
Key Highlights
- 1928 brick two‑family in Detroit’s Morningside neighborhood, configured as 3‑bedroom/1‑bath over 3‑bedroom/1‑bath
- Both units are currently occupied and stabilized, and the building is fully leased and current
- Lower unit rents $950/mo through April 2027; upper unit rents $850/mo through July 2027 (combined gross $1,800/mo / $21,600/yr)
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
363
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom duplex with both units occupied, period character, and updated kitchens.
Where is this duplex located?
The property is located at 5771 Chatsworth St Detroit, MI.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 1928 brick two‑family in Detroit’s Morningside neighborhood, configured as 3‑bedroom/1‑bath over 3‑bedroom/1‑bath; Both units are currently occupied and stabilized, and the building is fully leased and current; Lower unit rents $950/mo through April 2027; upper unit rents $850/mo through July 2027 (combined gross $1,800/mo / $21,600/yr)
