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Two-Unit Residential Income Property
For Sale
$399,900

6348 Coleman St, Dearborn, MI 48126

Two-unit home offering separate living areas, with updated HVAC and finishes across both floors.

Days on Market29

Property Features for 6348 Coleman St

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Year Built 1930
Stories 2
Tenancy Multi
Listing Agency: National Realty Centers, Inc
Listed By: Shadi Bazzi
Source: Elliman
Added: Jul 5 Changed: Jul 21 Last Checked: Aug 1 at 7:24AM

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 National Realty Centers, Inc

Investment Insights

Based on property information with market context.

This two-unit residential income property features separate layouts on the first and second floors. The first floor includes a living room, dining room, two bedrooms, a kitchen, and a full bathroom. The second floor includes three bedrooms, a dining room, a kitchen, and a full bathroom, with a living room area that has been converted into a bedroom but can be converted back.

Updates include two furnaces and two AC units installed in 2023, along with new paint throughout and newer carpeting. There is newer kitchen and stairwell flooring leading to the second floor, recess lighting throughout, and ceramic tile on the front porch. The property also has a finished basement with ceramic flooring and a new half bathroom, and the connection point to the main sewer line was changed on 5/26.

Outside, the home offers a spacious driveway, a backyard, and a one-car garage.

Key Highlights

  • 2‑unit multifamily home built in 1930 in East Dearborn
  • First floor: living room, dining room, 2 bedrooms, kitchen, and a full bathroom
  • Second floor: 3 bedrooms, dining room, kitchen, and a full bathroom (living room converted to a bedroom but can be reverted)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Wine and Liquor Store Law Firm Acupuncture

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

Demographics for 48126, MI

55,863
Population
16,919
Households
3.3
Avg Household Size
28
Median Age
24%
College-Educated
74%
High-School Grad
8.4 sq mi
ZIP Area
6,650
Density / Sq Mi
$42,353
Median Household Income
$27,724
Median Earnings
$1,222
Median Rent
$200,600
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 home offering separate living areas, with updated HVAC and finishes across both floors.
Where is this duplex located?
The property is located at 6348 Coleman St Dearborn, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 2‑unit multifamily home built in 1930 in East Dearborn; First floor: living room, dining room, 2 bedrooms, kitchen, and a full bathroom; Second floor: 3 bedrooms, dining room, kitchen, and a full bathroom (living room converted to a bedroom but can be reverted)
More about this property
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