14622 Faircrest Street Detroit, MI $ 67,500
14622 Faircrest Street
$ 67,500
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14622 Faircrest Street

Detroit, MI, 48205
$ 67,500
Bedrooms3 Baths2.0 Sq 1,540

Monthly Estimate*

$ 466

14622 Faircrest Street, Detroit, MI 48205 - Image 1
14622 Faircrest Street, Detroit, MI 48205 - Image 2
14622 Faircrest Street, Detroit, MI 48205 - Image 3
14622 Faircrest Street, Detroit, MI 48205 - Image 4
14622 Faircrest Street, Detroit, MI 48205 - Image 5
14622 Faircrest Street, Detroit, MI 48205 - Image 6
14622 Faircrest Street, Detroit, MI 48205 - Image 7
14622 Faircrest Street, Detroit, MI 48205 - Image 8

Multi-Family Home for sale in Detroit, MI

for $67,500 with 3 bedrooms and 2 full baths. This 1,540 square foot home was built in 1927 on a lot size of 0.08.

Incredible Turn-Key Investment Opportunity or House-Hacking Potential! Welcome to this income-generating multifamily property perfectly located just minutes from Downtown Detroit. This well-maintained duplex features two distinct units, providing immediate cash flow. The spacious lower unit offers 2 bedrooms and 1 bathroom, currently renting for $800/mo. The charming upper unit features 1 bedroom and 1 bathroom, currently renting for $750/mo. Both units have substantial value-add potential, with fair market rents in the immediate area averaging $1,000–$1,200 per unit!Major capital improvements have already been done for you, including two brand-new furnaces installed within the last two years, newer updated plumbing, and windows that are only 5 years old. Property features a low-maintenance yard with no garage to maintain. Unbeatable location with quick access to major freeways and local shopping hubs. Don't miss out on adding this Detroit gem to your portfolio! Duplex structure. Do not disturb tenants. Lower unit currently occupied at $800/mo and paying month to month. Upper unit occupied at $750/mo (Contract ends in February 2027). Both leases have room to be adjusted to fair market value ($1,000–$1,200/mo). Upgrades include 2 new furnaces (approx. 2 years old), newer plumbing, and 5-year-old windows. Low maintenance with no garage. Perfect for an investor or a buyer looking to house-hack. BATVAI (Buyer's Agent to Verify All Information). Schedule showings via ShowingTime with 12-24 hour notice required.

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Multi-Family Active

Price

$ 67,500

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 797

Style

Duplex

Lot Size

0.08

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261036812

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials ShingleSiding
Pets Allowed Yes
Year Built 1927
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 19200.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name ELITE GARDENS
Garage Y/N N
Full Baths 2
Status Active
Directions Near 94 and Gratiot
City DetroitCity_Wayne
Disclosures NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 3
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 797.0
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 Tenant
Tax Assessed Value 6514
Expected Active Date 2026-05-20
Legal Description S FAIRCREST E 33.25 FT 35 ELITE GARDENS SUB L41 P62 PLATS W C R 21/710 33.25 X 103.04
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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 1540.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 33.25X103.04
Lot Size Acres 0.08
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 14622
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* Excluded Features
List By
Dwayne Robinson

Listing Agent

Re/Max Dream Properties

Broker

(313) 516-6441

Phone

Affordability Calculator

$533
Per Month
88%
12%
0%
Monthly Principal & Interest
$466
Monthly Property Taxes
$66
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$67,500 -3.57% Price Down
5/21/2026$69,999 Listed Price

Map


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14622 Faircrest Street, Detroit, MI, 48205 is a Multi-Family Home for sale at $67,500 with 1,540 sqft and a lot size of 0.08. 14622 Faircrest Street has 3 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 48205 which is in Detroit, MI