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Three-Bedroom Duplex with Basement
For Sale
$235,000

7507 Hanover Street 1-2, Detroit, MI 48206

Two updated residential units feature modern kitchens, in-unit laundry, and access to basement storage.

Property SizeContact for details
Days on Market12

Property Features for 7507 Hanover Street 1-2

General Information

Standard status Active
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence Few minor repairs

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

in-unit washer/dryer
basement storage

Building Details

Year Renovated 2019
Listing Agency: eXp Realty, LLC
Listed By: Lakeisha Akogoh
Source: Alexmi
Added: Aug 21 Changed: Aug 31 Last Checked: Aug 31 at 5:08PM

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, LLC

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each with 3 bedrooms, laminate and hardwood flooring, neutral interior paint, and a modern kitchen equipped with wooden cabinetry and stainless steel appliances. Stackable washers and dryers are located within each unit, while the basement provides additional storage space.

The property underwent a complete rehabilitation in 2019, including updated heating, plumbing, and electrical systems. A sump pump and French drain were installed in 2021, the roof and gutters were replaced in 2024, and the sewer line was replaced to the main in 2025.

Located in Detroit’s historic Lasalle Gardens neighborhood, the property is near expressways, the Q-line, Henry Ford Hospital, Midtown, and Downtown Detroit.

Key Highlights

  • Duplex with 2 units, each offering 3 bedrooms
  • Modern kitchens with wooden cabinetry and stainless steel appliances
  • Stackable washer and dryer inside each unit

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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,171
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 updated residential units feature modern kitchens, in-unit laundry, and access to basement storage.
Where is this duplex located?
The property is located at 7507 Hanover Street 1-2 Detroit, MI.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 3 bedrooms; Modern kitchens with wooden cabinetry and stainless steel appliances; Stackable washer and dryer inside each unit
More about this property
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