593 Owen Street Detroit, MI $ 199,990
593 Owen Street
$ 199,990
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593 Owen Street

Detroit, MI, 48202
$ 199,990
Baths2.1 Sq 2,322

Monthly Estimate*

$ 1,231

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Studio

Multi-Family Home for sale in Detroit, MI

for $199,990 with 2 full baths, 1 half bath. This 2,322 square foot home was built in 1912 on a lot size of 0.1.

Great investment opportunity! This well-maintained 2-unit property features two spacious 2-bedroom units. The first-floor unit is tenant-occupied, providing immediate passive income, while the second-floor unit is vacant—perfect for owner-occupancy or additional rental income. Each unit offers functional layouts with generous living space. Ideal for investors or owner-occupants looking to build equity and cash flow. Don’t miss this income-producing property!

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Multi-Family Active

Price

$ 199,990

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 4,018

Style

Colonial

Lot Size

0.1

Year Built

1912

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261020052

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials AluminumSiding BrickVeneer
Pets Allowed Call CatsOk DogsOk
Year Built 1912
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 20000.0
Operating Expense 4000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name SUB OF PT OF 1/4 SEC 44
Garage Y/N N
Full Baths 2
Status Active
Directions Take Woodward To Owen E (But Clairmount West) Go East On Owen Off Of Woodward
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 4018.0
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 45900
Expected Active Date 2026-04-20
Legal Description N OWEN 10 SUB 1/4 SEC 44 L16 P13 PLATS W C R 3/107 40 X 110
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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 2322.0
Half Baths 1
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X110
Lot Size Acres 0.1
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 1 593
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* Excluded Features
List By
Sayful Alam

Listing Agent

Nextdoor Realty Group

Broker

(248) 922-8727

Phone

Affordability Calculator

$1,566
Per Month
79%
21%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$335
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/20/2026$199,990 Listed Price

Map


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593 Owen Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $199,990 with 2,322 sqft and a lot size of 0.1. 593 Owen Street is a studio with 2.1 baths and was built in 1912. The property's zip code is 48202 which is in Detroit, MI