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Updated Duplex
New
For Sale
$375,000

9622 Petoskey Avenue, Detroit, MI 48204

Two refreshed residences each offer a three-bedroom, one-bathroom layout, with updated mechanical systems and building components.

Property SizeContact for details
Days on Market4

Property Features for 9622 Petoskey Avenue

General Information

Standard status Active
Property subtype Multi Family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2
Listing Agency: Keller Williams Legacy
Listed By: Michael M Phillips · License #6502387592
Source: Jimdehaan
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 11 at 6:02AM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

This duplex contains two units, each configured with three bedrooms and one full bathroom. Recent work includes new doors, flooring, and paint, along with HVAC systems, electrical and plumbing improvements, and a replacement roof. The main sewer line has been cleaned through to the main. Both residences have been refreshed for their next occupants.

The property passed required City of Detroit inspections. Its two-unit configuration supports occupancy in one residence while leasing the other, or leasing both units.

Key Highlights

  • Two units, each with 3 bedrooms and 1 full bathroom
  • New HVAC systems, doors, flooring, and paint
  • Updated electrical and plumbing; new roof

Property Analytics

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Current Use

Duplexes

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

287
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

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?
Duplex - Two refreshed residences each offer a three-bedroom, one-bathroom layout, with updated mechanical systems and building components.
Where is this duplex located?
The property is located at 9622 Petoskey Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 full bathroom; New HVAC systems, doors, flooring, and paint; Updated electrical and plumbing; new roof
More about this property
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