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    FOR SALE
    Duplexes

    403 Mount Vernon St, Detroit, MI 48202

    Built 1915
    Property ID
    US43-1365554
    Property summary
    AI-generated overview

    Turnkey 2-unit property located at 415 Mt Vernon in Detroit’s rapidly developing North End. Each unit features 2 bedrooms and 1 full bath, fully renovated with updated roof, windows, electrical, plumbing, furnace, water heater, and fresh exterior paint. The home sits on a fully fenced double lot, with 403 and 407 Mt Vernon included in the sale perfect for added outdoor space, parking, or future development. A new Back porch adds charm, and gated off-street parking is available. Long-term tenants in place generating steady income. Do not disturb tenants. Showings will be scheduled only after an accepted offer. Located near the Q-Line, Fisher Building, and just minutes from New Center, Midtown, and Downtown. Some of the photos are prior to leasing. BATVAI bikeScore: 56, Bikeable walkScore: 70, Somewhat Walkable transitScore: 47, Some Transit

    Property profile
    Verified
    Property type Duplexes
    Year built 1915
    UPID US43-1365554
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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