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Rehabilitated Duplex with Basement
For Sale
$245,000

7507 Hanover Street, Detroit, MI 48206

MULTI_FAMILY - Detroit, MI

Property SizeContact for details
Lot Size0.06 Acres
Days on Market116

Property Features for 7507 Hanover Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 6, Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5
Parking 2
Basement Full
Lot features Sidewalk
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions North of W. Grand Blvd. W of Rosa Parks
Standard status Active
APN 08009187.
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. W HANOVER E 82.91 FT 33 OSBORN & MCCALLUMS SUB L10 P51 PLATS, W C R 8/80 30 X 82.91
Tax Annual Amount 780
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. W HANOVER E 82.91 FT 33 OSBORN & MCCALLUMS SUB L10 P51 PLATS, W C R 8/80 30 X 82.91

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air, Wall Furnace
Cooling system Central Air

Amenities

stackable washer and dryer in unit
basement for storage

Building Details

Year built 1918
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: eXp Realty, LLC
Listed By: Lakeisha Akogoh
Added: Apr 18 Changed: Aug 11 Last Checked: Aug 11 at 3:06PM
MLS# 26016428

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Detroit duplex contains two three-bedroom units with freshly painted interiors, laminate and hardwood flooring, and kitchens equipped with wooden cabinetry and stainless steel appliances. Each unit includes a stackable washer and dryer, while the basement provides additional storage. The property was fully rehabilitated in 2019, including updated heating, plumbing, and electrical systems.

Roof and gutter replacement was completed in 2024, followed by sump pump and French drain installation in 2021. The sewer line was replaced to the main in 2025. The property sits on approximately 0.06 acres and includes brick and vinyl siding, forced-air and wall-furnace heating, central air, natural gas availability, and public sewer service. Its Lasalle Gardens setting provides proximity to expressways, the Q-line, Henry Ford Hospital, Midtown, and Downtown Detroit.

Key Highlights

  • Two three‑bedroom units in a duplex configuration
  • Fully rehabilitated in 2019 with updated heating, plumbing, and electrical systems
  • Roof and gutters replaced in 2024

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Restaurant Nail 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

2,160
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
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 three-bedroom units offer updated interiors, private laundry, and basement storage in Detroit’s Lasalle Gardens neighborhood.
Where is this duplex located?
The property is located at 7507 Hanover Street Detroit, MI.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two three‑bedroom units in a duplex configuration; Fully rehabilitated in 2019 with updated heating, plumbing, and electrical systems; Roof and gutters replaced in 2024
More about this property
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