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12614 Promenade Street Detroit, MI $ 54,900
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$ 54,900 Get more info
12614 Promenade Street
$ 54,900
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Share Save

12614 Promenade Street

Detroit, MI, 48213
$ 54,900
Baths2.0 Sq 1,764

Monthly Estimate*

$ 343

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Studio

Multi-Family Home for sale in Detroit, MI

for $54,900 with 2 full baths. This 1,764 square foot home was built in 1929 on a lot size of 0.12.

This solid two-family brick home is located just minutes from Coleman A. Young International Airport offers a great value-add opportunity for investors or owner-occupants looking for rental income. Each unit features 2 bedrooms and 1 full bath, with separate living and dining areas, providing strong rental potential once fully renovated. The property has been partially rehabbed, giving a head start on improvements, but still requires additional work to bring it to full market condition. With its brick exterior for long-term durability and flexible layout, this home can be turned into a cash-flowing asset in a growing and developing area of Detroit. Ideal for investors seeking sweat equity, BRRRR opportunity, or a long-term hold. Don’t miss the upside potential in this value-driven two-unit property.

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Multi-Family Active

Price

$ 54,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,261

Style

Colonial

Lot Size

0.12

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251048889
Features
General
Sewer PublicSewer SeparateMeters
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Colonial
Pool Features None
Construction Materials AluminumSiding Brick
Pets Allowed Call
Year Built 1929
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name STEVENS ESTATE SUB 1PLATS
Garage Y/N N
Full Baths 2
Status Active
Directions East Outer Drive To Ansbury Ave Turn On To Promenade
City DetroitCity_Wayne
Disclosures AnnualPropertyOperatingDataNotAvailable NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 1261.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 13584
Expected Active Date 2025-10-26
Legal Description S PROMENADE 292 STEVENS ESTATE SUB NO 1 L45 P29 PLATS W C R 21/672 35 X 148.62A
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1764.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 35X148.62
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 12614
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* Excluded Features
List By
Ahmed Ahmed

Listing Agent

Empire Realty Group

Broker

(734) 882-5965

Phone

Affordability Calculator

$448
Per Month
77%
23%
0%
Monthly Principal & Interest
$343
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/27/2025$54,900 Listed Price

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12614 Promenade Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $54,900 with 1,764 sqft and a lot size of 0.12. 12614 Promenade Street is a studio with 2.0 baths and was built in 1929. The property's zip code is 48213 which is in Detroit, MI

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