2223 Junction Street
Detroit, MI, 48209 $ 299,000
Bedrooms5 Baths2.0 Sq 1,961 Monthly Estimate*
$ 2,065
for $299,000 with 5 bedrooms and 2 full baths. This 1,961 square foot home was built in 1895 on a lot size of 0.08.
Excellent investment opportunity in the heart of Southwest Detroit! This updated, income-producing duplex offers two spacious units featuring abundant natural light, charming bay windows, and modern improvements throughout. The lower unit features two bedrooms, while the upper offers two bedrooms with a versatile third-floor space that could serve as a third bedroom, home office, or bonus room. Both units feature updated kitchens, comfortable living areas, in-unit laundry, and air conditioning. Extensive improvements completed in 2025 include a new roof, siding, flooring, fresh paint, updated fixtures, upper-unit bathroom renovation, kitchen backsplashes in both units, new seamless gutters, metal window trim, soffits, fascia, and additional repairs. Further updates include a new lower-unit water heater (2026), new stairway carpeting, and laundry appliances in both units less than two years old. Exterior features include a covered front porch, fully fenced yard, raised deck, and off-street parking. Currently generating $2,800 in combined monthly rental income, this property offers immediate income potential for investors or future owner-occupants. Conveniently located near Clark Park, Corktown, Mexicantown, Michigan Central Station, and the restaurants along Vernor Highway, with easy freeway access. A turnkey opportunity in one of Detroit's most vibrant neighborhoods!
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FeaturesGeneralHeating Forced Air
Cooling Ceiling Fan(s) Central A/C
Possession Negotiable (Possession)
Water Public Water
Appliances Disposal Dryer Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1895
Parking 3 or More Spaces
Subdivision Duffield Henry M Resub MI
Water Heater Gas
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Ownership LLC
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional Conventional Blend FHA
Legal Description W JUNCTION 11 HENRY M DUFFIELDS RE-SUB L17 P91 PLATS W C R 16/53 30 X 115
DOM 0
Postal Code 48209
Price Per Sq Ft Total AG 152.47
Public Remarks Excellent investment opportunity in the heart of Southwest Detroit! This updated income-producing duplex offers two spacious units featuring abundant natural light charming bay windows
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ExteriorExterior Vinyl Siding
Lot Size Area 0.08
Lot Dimensions 3484
Roads Alley
Waterfront Y/N No
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InteriorBeds 5
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded FeaturesList ByMiles KnightListing Agent
Sine & Monaghan LlcBroker
contact@knightmiles.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,065
- Monthly Property Taxes
- $382
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $254,515
Percent of Sale Price 15%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2026 | $299,000 | | Listed Price |