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Multifamily Property with Basement
New
For Sale
$50,000

8566 KENTUCKY St, Detroit, MI 48204

Two-level residential layout with separate utilities, a one-bedroom upper unit, and finished hardwood flooring.

Property Size1,368 SF
Days on Market4

Property Features for 8566 KENTUCKY St

General Information

Standard status Active
Size 1,368 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,090

Building Details

Building Size 1,368 SF
Year Built 1926
Units 2
Listing Agency: Munoz Realty Inc
Listed By: Gaston Munoz · License #6501354648
Source: Elliman
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 24 at 8:24AM

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 Munoz Realty Inc

Investment Insights

Based on property information with market context.

Built in 1926, this multifamily property includes a one-bedroom upper-floor residence with independent utilities. Each floor is arranged with a kitchen, bathroom, living room, and dining room, supporting distinct residential layouts within the building. Refinished hardwood flooring adds a durable interior finish, while the basement provides additional clean, usable space.

The property is located at 8566 Kentucky St in Detroit, Michigan. Walk Score and Bike Score are both 52, and the Transit Score is 38, reflecting some access to walking, cycling, and public transportation options.

Key Highlights

  • One‑bedroom upper‑floor unit
  • Separate utilities for the residences
  • Kitchen, bathroom, living room, and dining room on each floor

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair 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

334
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
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?
Multifamily property - Two-level residential layout with separate utilities, a one-bedroom upper unit, and finished hardwood flooring.
Where is this multifamily property located?
The property is located at 8566 KENTUCKY St Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: One‑bedroom upper‑floor unit; Separate utilities for the residences; Kitchen, bathroom, living room, and dining room on each floor
More about this property
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