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Multifamily
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12604 E Outer Drive

Detroit, MI 48224
Square Ft.
3,286
$285,000
Spacious brick duplex in a solid B-grade investment area with strong upside. This large property was converted into two units and appraised at $360K in 2024, with updates already completed. One unit is currently occupied, providing immediate income, while the second unit offers opportunity for owner-occupancy (house hack) or additional… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Somerset.
Listing Snapshot
Days Online
33
Last Updated
Property Type
Multifamily
Square Ft.
3,286
Lot Size
0.15 Acres
Year Built
1931
MLS Number
20261030465
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48224
$102k
+6%
(avg) sold price
36
-25%
homes sold
99
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
2 total units, 1 leased unit, 1 two-bedroom unit, 1 three-bedroom unit, Built in 1931, Remodelled in 2024, Architectural style: Upper/Lower Apartment, Brick, 3,286 total square feet, 3,286 combined square feet, 1,643 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.15, Lot size dimensions: 55X121.38
Miscellaneous
Gross scheduled income: $39,600, Income projection: Actual, Monthly rental income: $3,300, Net operating income: $20,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $8,588, Tax amount (winter): $859
Sewer
Sewer (Sewer-Sanitary)
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
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Schools In The Area

Check out nearby schools with ratings and contact info - Source: Home Junction
Ronald Brown Academy 313-886-2611 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12
Ronald Brown Academy 313-886-2611 Public PK-8
Ronald Brown Academy 313-886-2611 Public PK-8
Ronald Brown Academy 313-886-2611 Public PK-8
East English Village Preparatory Academy at Finney 313-873-0655 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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