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Two-Unit Duplex

8621 Elmira St, Detroit, MI 48204

For Sale
$39,900

Both residences have two bedrooms, and the building requires a full renovation.

Property Size1,477 SF
Price / SF$27.01
Days on Market12

Property Features for 8621 Elmira St

General Information

Standard status Active
Size 1,477 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence requires a full renovation

Site & Location

Neighborhood Barton-Mcfarland

Additional Details

Multifamily Units 2

Building Details

Year Built 1925
Listing Agency: Clyde Realty LLC
Listed By: David Rabior · License MI #6501406276
Source: Vmrealestatemichigan
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 10 at 10:54AM

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 Clyde Realty LLC

Rey
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Investment Insights

Based on property information with market context.

The duplex at 8621 Elmira St in Detroit contains two residences, each with two bedrooms. Built in 1925, the 1,477-square-foot property requires a full renovation. The sale is offered as-is and is subject to lender approval.

Key Highlights

  • Full renovation required
  • Two residences, each with two bedrooms
  • 1,477 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

311
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Detroit, MI

$74.99 Jul
$64.02 Aug
$63.72 Sep
$66.21 Oct

Properties on Market for Duplexes in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have two bedrooms, and the building requires a full renovation.
Where is this duplex located?
The property is located at 8621 Elmira St Detroit, MI.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Full renovation required; Two residences, each with two bedrooms; 1,477 square feet
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