Fully Renovated Brick
For Sale
$270,000
8438 Dexter Ave, Detroit, MI 48206
Two tenant-occupied, renovated 3-bedroom units with central air, basements, and garage parking for steady rental income.
Property Size2,948 SF
Days on Market51
Property Features for 8438 Dexter Ave
General Information
Standard status
Active
Size
2,948 SF
Property subtype
Investment
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$885
Building Details
Building Size
2,948 SF
Year Built
1914
Year Renovated
2025
Units
2
Tenancy
Multi
Listing Agency:
(313) 274-7200
Listed By:
Osavbie Usenvbuwa
(313) 274-7200
Source:
Elliman
Added: Jun 22
Changed: Aug 11
Last Checked: Aug 11 at 10:44AM
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 Osavbie Usenvbuwa
Investment Insights
Based on property information with market context.
This fully renovated brick duplex in Detroit features two separate units, each configured as a spacious 3-bedroom, 1-bath home. The property was updated in 2025 with modern improvements while retaining its classic character. Both units are currently tenant occupied and generate approximately $2,500 per month in rental income. Improvements and features include full basements, central air, forced-air heating, enclosed porches, balconies, and garage parking, with public utilities.
The property is located in Detroit’s historic Dexter area and is positioned for everyday convenience. It offers access to major freeways and is near shopping, dining, schools, and downtown Detroit.
For investors, this is a turnkey option with tenants already in place. For owner-occupants, the duplex layout supports living in one unit while collecting rental income from the other, helping offset housing costs. Buyer and buyer’s agent should verify all information.
The property is located in Detroit’s historic Dexter area and is positioned for everyday convenience. It offers access to major freeways and is near shopping, dining, schools, and downtown Detroit.
For investors, this is a turnkey option with tenants already in place. For owner-occupants, the duplex layout supports living in one unit while collecting rental income from the other, helping offset housing costs. Buyer and buyer’s agent should verify all information.
Key Highlights
- Fully renovated brick duplex built in 1914 with two tenant‑occupied units
- Each unit features 3 bedrooms and 1 bath
- Updated in 2025 and includes central air plus forced‑air heating
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two tenant-occupied, renovated 3-bedroom units with central air, basements, and garage parking for steady rental income.
Where is this duplex located?
The property is located at 8438 Dexter Ave Detroit, MI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Fully renovated brick duplex built in 1914 with two tenant‑occupied units; Each unit features 3 bedrooms and 1 bath; Updated in 2025 and includes central air plus forced‑air heating
