Prime multifamily investment opportunity located in Detroit's historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain… Read More momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit's residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. 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: 20261015005, 20261015035, 20261015052, 20261015057, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586, 20261015683 Read Less
Courtesy of KW Professionals.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Multi-Family
Square Ft.
2,800
Lot Size
0.1 Acres
MLS Number
60976722
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
Property Access
Paved Street
Basement
Block
Building
2,800 square feet, 2 total units, Built in 1926, Style: 2 Story, Colonial
Cooling
Ceiling Fan(s), Window Unit(s)
Exterior Features
Brick, Fenced Yard, Porch
Foundation
Basement
Water Features
Gas, Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $23,000
Lot
Lot size: 35X121.56, 0.1 acres
Property
Residential
Taxes
Total amount: $2,883
Unit One
Rent: $1,100
Unit Two
Rent: $1,275
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