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Two-Unit Duplex Investment
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7360 Georgia St, Detroit, MI 48213

Two separate units each provide three bedrooms and one bathroom in an as-is, DLBA-owned duplex.

Days on Market10

Property Features for 7360 Georgia St

General Information

Standard status Active
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1920
Listing Agency:
Listed By: Adam Hage · License #6506046052
Source: Elliman
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 30 at 5:50AM

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 Adam Hage

Investment Insights

Based on property information with market context.

DLBA-owned two-family duplex with two separate units, including a three-bedroom, one-bath upper unit and a three-bedroom, one-bath lower unit. The property is sold as-is and is positioned for an owner-occupant or rental-focused use, with renovation required per the buyer’s plans.

The property is located near major freeways and local amenities, with easy access to Downtown Detroit, the I-94 corridor, and Detroit Metropolitan Wayne County Airport.

Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Prospective purchasers must submit a complete proposal package, including intended use, renovation timeline, proof of funds, and a detailed scope of work with cost breakdown and documentation of prior renovation projects. The DLBA retains the right to tax recapture for five years following transfer of ownership, and certain tax abatements or lot combinations may require DLBA review and approval. Buyers should verify all information.

Key Highlights

  • DLBA‑owned two‑family duplex at 7360 Georgia St in Detroit’s Airport Sub community
  • Two separate units, each with 3 bedrooms and 1 bathroom (upper 3BR/1BA; lower 3BR/1BA)
  • As‑is sale; subject to approval by the Detroit Land Bank Authority (DLBA)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Big Box & Wholesale Store Building Supply Spa & Massage 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

197
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 - Two separate units each provide three bedrooms and one bathroom in an as-is, DLBA-owned duplex.
Where is this duplex located?
The property is located at 7360 Georgia St Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: DLBA‑owned two‑family duplex at 7360 Georgia St in Detroit’s Airport Sub community; Two separate units, each with 3 bedrooms and 1 bathroom (upper 3BR/1BA; lower 3BR/1BA); As‑is sale; subject to approval by the Detroit Land Bank Authority (DLBA)
More about this property
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