Two-Unit Short-Term Rental
New
For Sale
$239,900
847 Ashland St, Detroit, MI 48215
The 1916 residence contains two three-bedroom units and has an established short-term rental history.
Property Size2,942 SF
Price / SF$98.24
Days on Market2
Property Features for 847 Ashland St
General Information
Standard status
Active
Size
2,942 SF
Property subtype
Investment
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$3,897
Amenities
speakeasy
antique artwork
record player
Building Details
Building Size
2,942 SF
Year Built
1916
Buildings
1
Units
2
Listing Agency:
Own It Realty
Listed By:
Hassan Shukr · License #6501378246
(313) 246-4646
Source:
Elliman
Added: Oct 19
Last Checked: Oct 19 at 2:44PM
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 Own It Realty
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Investment Insights
Based on property information with market context.
Built in 1916, this two-family residence provides 2,442 square feet of above-grade living space across two three-bedroom units. Vintage furnishings, antique artwork, and a speakeasy feature distinguish the interior. The property has an established Airbnb operation and rental history; the layout also allows an owner to occupy one unit while renting the other.
The home is in Detroit’s Jefferson Chalmers canal community, near the Detroit River. Walk Score is 59, Bike Score is 56, and Transit Score is 35.
The home is in Detroit’s Jefferson Chalmers canal community, near the Detroit River. Walk Score is 59, Bike Score is 56, and Transit Score is 35.
Key Highlights
- 2,442 square feet of above‑grade living space
- Two three‑bedroom units in a two‑family residence
- Built in 1916
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Explore this area
Business Placement
Demographics for 48215, MI
10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Short term rental property - The 1916 residence contains two three-bedroom units and has an established short-term rental history.
Where is this short term rental property located?
The property is located at 847 Ashland St Detroit, MI.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2,442 square feet of above‑grade living space; Two three‑bedroom units in a two‑family residence; Built in 1916
