12614 Promenade Street Detroit, MI ^$ 54,900

12614 Promenade Street

^$ 54,900

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12614 Promenade Street

Detroit, MI, 48213

^$ 54,900

Studio 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.

Multi-Family Active

Price

^$ 54,900

Bedrooms

Studio

Full Bath

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

60948416

Features

General

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1929

Subdivision Stevens Estate Sub 1Plats MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions East Outer Drive To Ansbury Ave Turn On To Promenade

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description S PROMENADE 292 STEVENS ESTATE SUB NO 1 L45 P29 PLATS W C R 21/672 35 X 148.62A

DOM 45

Postal Code 48213

Price Per Sq Ft Total AG 31.12

Public Remarks

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Aluminum Brick

Exterior Amenities Porch

Frontage 35

Lot Size Area 0.12

Lot Dimensions 35X148.62

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Ahmed Ahmed

Listing Agent

Empire Realty Group

Broker

ATAHMED.EMPIRE@GMAIL.COM

Affordability Calculator

$448

Per Month

Monthly Principal & Interest: $343
Monthly Property Taxes: $105
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 332%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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12614 Promenade Street

Multi-Family Home for sale in Detroit, MI

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