2045 N ELIZABETH Street
Dearborn, MI, 48128 $ 349,900
Bedrooms2 Baths2.0 Sq 1,506 Monthly Estimate*
$ 2,154
for $349,900 with 2 bedrooms and 2 full baths. This 1,506 square foot home was built in 1940.
Stunning Fully Renovated Two-Family Home - A Rare Opportunity! Welcome to this exceptional, move-in-ready two-family property offering the perfect blend of modern upgrades, privacy, and investment potential. Ideal for owner-occupants or investors, each unit is completely separate, providing comfort and independence. Unit 1 features 2 spacious bedrooms, 1 full bath, a bright living room, and an open dining area with a beautifully updated kitchen. Unit 2 offers 1 bedroom, 1 full bath, a comfortable living room, and a full kitchen - perfect for extended family or rental income. Enjoy a full basement with two washers and two dryers, conveniently accessible via a separate side entrance. Smart-home features include Eufy fingerprint door locks, a Google Nest camera system covering the full perimeter, and a Google smart thermostat fully integrated with the Google Home app, allowing remote control of heating for added efficiency and convenience. Additional highlights include nearly new appliances, granite countertops, and a 2-car garage. Set on a quiet, desirable street with great neighbors, and located within walking distance to major shopping and everyday conveniences. A rare two-family opportunity combining modern smart-home living with low-maintenance renovations, strong rental demand, excellent cash-flow potential, and long-term appreciation, truly a move-in-ready investment gem.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Exist
Pets Allowed No
Year Built 1940
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 21000.0
Operating Expense 11000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 2
Status Active
Directions Ford road & Outer Drive
City DearbornCity_Wayne
Disclosures ConformstoZoning ExclusionsExist ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Dearborn
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05093Dearborn
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 8715.0
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 128200
Expected Active Date 2026-02-19
Legal Description LOT 108 DOXTATOR CENTER SUB
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1506.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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ExteriorWater Source Community
Foundation Details Basement Block
Spa N
Lot Dimensions 40.00 x 132.00
Lot Size Acres 0.0
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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* Excluded FeaturesList ByAli M FarhatListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $2,154
- Monthly Property Taxes
- $726
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Dearborn, MI
Average List Price $352,600
Percent of Sale Price 1%
About Dearborn, MI 99,037 Population
1% Since 2002
$ 49,400 Median Income
34.6 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
848133 Elementary School
848587 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/18/2026 | $349,900 | -7.90% | Price Down |
| 2/18/2026 | $379,900 | | Listed Price |