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Well-Maintained Detroit Duplex For Sale
For Sale
$199,990

593 Owen St, Detroit, MI 48202

Two-unit property with income potential in Detroit, Michigan.

Days on Market104

Property Features for 593 Owen St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1912
Listing Agency: NextDoor Realty Group
Listed By: Yusuf Alam · License #6501446449
Source: Elliman
Added: Apr 21 Changed: Jul 10 Last Checked: Aug 1 at 12:54PM

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 NextDoor Realty Group

Investment Insights

Based on property information with market context.

This well-maintained two-unit property presents an investment opportunity. It features two spacious 2-bedroom units. The first-floor unit is tenant-occupied, providing immediate passive income. The second-floor unit is vacant, making it suitable for owner-occupancy or additional rental income. Each unit offers functional layouts with generous living space. The property is located in Detroit, Michigan. The bike score is 56, indicating it is bikeable. The walk score is 70, indicating it is somewhat walkable. The transit score is 47, indicating some transit options are available. This income-producing property is ideal for investors or owner-occupants looking to build equity and cash flow.

Key Highlights

  • Immediate passive income from tenant‑occupied first‑floor unit.
  • Vacant second‑floor unit allows for owner‑occupancy or additional rental income.
  • Well‑maintained 2‑unit property.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply

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

494
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
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 - Two-unit property with income potential in Detroit, Michigan.
Where is this duplex located?
The property is located at 593 Owen St Detroit, MI.
What is the asking price?
The asking price for this property is $199,990.
What are key features of this property?
This property features: Immediate passive income from tenant‑occupied first‑floor unit.; Vacant second‑floor unit allows for owner‑occupancy or additional rental income.; Well‑maintained 2‑unit property.
More about this property
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