Hazel Park, MI Residential income properties for sale

Updated: Jul 17

Rented Duplex with Three-Bedroom Units

449 W Evelyn Avenue, Hazel Park, MI 48030

$185,000

1,134 sqft 0.07 AC lot

Two rented duplex homes with 3‑bedroom, 2‑bath layouts
Multi‑Family zoning
0.07‑acre lot at 449 W Evelyn Avenue, Hazel Park, MI 48030
Total building area of 1,134 square feet
Built in 1925 with vinyl exterior materials

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This listing looks promising.

Here's a quick look at some key insights for

449 W Evelyn Avenue, Hazel Park, MI 48030

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$15K
Annual
Price @ 7% Cap

$214K
Above asking
Property Type

Single Family Residence
Built 1925

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Updated: Jul 19

Rented Duplex Investment with Two Units

449 W Evelyn Ave, Hazel Park, MI 48030

$185,000

Year built: 1925
Two spacious 4‑bedroom, 2‑bath duplex units
Both units are already rented and generating cash flow

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Hazel Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Ranch Apartment Building with 7 Units

415 Hilton Road, Ferndale, MI 48220

$555,000

3,312 sqft 0.30 AC lot

Ranch apartment building on 0.3 acres with 7 partially remodeled units, all vacant, plus a shared laundry facility.

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All-Brick Duplex with Two-Car Garage

20487 Stratford Road, Detroit, MI 48221

$239,000

2,914 sqft 0.11 AC lot

Multi-family duplex with two units, each with three bedrooms, updated kitchen and bath, basement, and a two-car garage.

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Updated Multifamily Income Property

1785 Channing St, Ferndale, MI 48220

Contact for pricing

1,700 sqft

Updated and rental-certified multifamily property available for sale, ready to perform from day one.

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Two-Story Duplex with Separate Meters

20050 Cameron St, Detroit, MI 48203

$38,900

Two-story duplex with separate electric meters, supporting separate utility setups for residential income.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in Hazel Park

W Evelyn Avenue, Hazel Park, MI 48030

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0.11 AC lot

Rare vacant lot to build your dream home.

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Residential Land in Hazel Park

89 W Hayes, Hazel Park, MI 48030

Contact for pricing

0.70 AC lot

Residential land for sale in Hazel Park, Michigan.

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Buildable Lot in Hazel Park

W Milton Avenue, Hazel Park, MI 48030

Contact for pricing

0.15 AC lot

Residential land for sale in Hazel Park, Michigan.

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Detroit Land Investment Opportunity

1240 E STATE FAIR, Detroit, MI 48203

$51,000

0.29 AC lot

Land in Detroit's State Fair neighborhood, ideal for development.

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Off-Market Properties in Hazel Park, MI

Consider similar Off-Market properties in Hazel Park, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

1241 Woodward Heights Blvd, Hazel Park, MI 48030

Value Estimation by Request

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Hazel Park, MI Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Hazel Park, MI on our real estate platform. These investment opportunities span a total of 1,134 square feet of properties for sale, with an estimated market value of $370,000.

Sale prices for residential income properties in Hazel Park, MI average $185,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48030	$1.3M

Neighborhood

Average Price

48030

$1.3M