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Detroit Duplex with Income Potential
For Sale
$109,999
Pending

8873 Rutherford Street, Detroit, MI 48228

Two-unit property with one vacant unit and one occupied unit.

Property Size5,227 SF
Days on Market171

Property Features for 8873 Rutherford Street

General Information

Standard status Pending
Size 5,227 SF
Property subtype Residential Income / Multi Family

Taxes and HOA fees

Annual Taxes $2,133

Amenities

Forced Air, Yes
Yes
Forced Air
Natural Gas
0.0
Partial
Block

Building Details

Year Built 1949
Units 2
Listing Agency: Realtyflo Inc
Listed By: Bryan Redmond · License #6501387044
Source: Compass
Added: Apr 9 Changed: Sep 8 Last Checked: Sep 8 at 8:03AM

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 Realtyflo Inc

Investment Insights

Based on property information with market context.

This property features two units. One unit is currently vacant and requires some improvements. The other unit is occupied and generates $800 per month in rental income. Each unit includes a living room, dining room, kitchen, two bedrooms, a full bath, and a partial basement. Room sizes are estimated and should be verified. The property has a bike score of 46, indicating it is somewhat bikeable. The walk score is 54, meaning it is somewhat walkable. The transit score is 45, indicating some transit options are available.

Key Highlights

  • One unit is vacant offering renovation and customization potential.
  • Currently, one unit generates $800 monthly rental income.
  • Each unit features a living room, dining room, and kitchen.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Gym & Fitness Center Electrical Service

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

378
Businesses Nearby

Demographics for 48228, MI

53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with one vacant unit and one occupied unit.
Where is this duplex located?
The property is located at 8873 Rutherford Street Detroit, MI.
What is the asking price?
The asking price for this property is $109,999.
What are key features of this property?
This property features: One unit is vacant offering renovation and customization potential.; Currently, one unit generates $800 monthly rental income.; Each unit features a living room, dining room, and kitchen.
More about this property
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