Excellent opportunity to own a large 2-unit multifamily in Detroit's rapidly stabilizing Dexter–Linwood neighborhood. This property features two spacious units (one 4-bedroom and one 3-bedroom) with classic early-20th-century architecture and strong rental potential. Perfect for house-hackers, investors, or value-add buyers looking to capitalize on continued neighborhood revitalization. Located minutes from… Read More Russell Woods, Boston-Edison, New Center, and Midtown, this property sits near major ongoing investment along the Dexter corridor including a $21.5M Strategic Neighborhood Fund revitalization project bringing new streetscape improvements, murals, retail pop-ups, facade upgrades, and new housing development. The area is also benefiting from infrastructure upgrades including bike lanes, pedestrian improvements, landscaping, new lighting, and transit enhancements along Dexter Avenue designed to support neighborhood businesses and walkability. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015057, 20261015035, 20261015005, 20261015574, 20261015576, 20261015577, 20261015578, 20261015583, 20261015683, 20261015586 Read Less
Courtesy of KW Professionals.
Listing Snapshot
Days Online
27
Last Updated
Property Type
Multi-Family
Square Ft.
2,600
Lot Size
0.1 Acres
MLS Number
60975310
30 Days Snapshot Of 48238
$1k
-23%
(avg) sold price
2
+100%
homes sold
33
+560%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1927, 2,600 square feet, 2 total units, Separate heat?: Yes, Style: 2 Story
Property Access
Paved Street
Basement
Poured
Community
Laundry Facility
Cooling
Ceiling Fan(s), Wall/Window A/C
Exterior Features
Brick, Fenced Yard, Porch
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $14,000
Lot
Lot size: 121x34, 0.1 acres
Property
Residential
Taxes
Total amount: $2,784
Unit Two
Rent: $1,500
Unit Five
Bedroom 2 width: 34
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