Two-Unit Multifamily Investment
For Sale
$64,899
Pending
7505 Prairie St, Detroit, MI 48210
Two-unit multifamily property with separate entrances, ideal for investors.
Property Size2,070 SF
Lot Size0.09 Acres
Days on Market167
Property Features for 7505 Prairie St
General Information
Standard status
Pending
Size
2,070 SF
Lot size
0.09 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,066
Building Details
Building Size
2,070 SF
Year Built
1925
Units
2
Listing Agency:
eXp Realty
(313) 428-6046
Listed By:
Chris Mckenzie
(313) 428-6046
Source:
Elliman
Added: Mar 11
Changed: Aug 10
Last Checked: Aug 24 at 10:55AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This two-unit multifamily property presents an opportunity for investors or owner-occupants. The building features separate entrances for each unit, along with individual furnaces and hot water tanks. Basement laundry facilities and private storage rooms are available. The property has a spacious layout and is ready for rehabilitation. The property is subject to probate.
Key Highlights
- Multifamily 2‑unit property: Ideal for investors or owner‑occupants seeking rental income.
- Separate entrances for each unit: Enhances privacy and tenant independence.
- Individual furnaces and hot water tanks: Allows tenants to control their own utilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 48210, MI
27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit multifamily property with separate entrances, ideal for investors.
Where is this duplex located?
The property is located at 7505 Prairie St Detroit, MI.
What is the asking price?
The asking price for this property is $64,899.
What are key features of this property?
This property features: Multifamily 2‑unit property: Ideal for investors or owner‑occupants seeking rental income.; Separate entrances for each unit: Enhances privacy and tenant independence.; Individual furnaces and hot water tanks: Allows tenants to control their own utilities.
