24647 Dunning Street Dearborn, MI $ 264,900
24647 Dunning Street
$ 264,900
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24647 Dunning Street

Dearborn, MI, 48124
$ 264,900
Baths0.0

Monthly Estimate*

$ 1,631

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Studio

Multi-Family Home for sale in Dearborn, MI

for $264,900. This home was built in 1925 on a lot size of 0.13.

Timeless Dearborn Duplex, $2800/Month Rent Potential. Certificate of occupancy complete. Step back in time without sacrificing today's comforts. Nestled on a quiet west Dearborn street one block from a lush city park and within easy walking distance of a top-rated school, this rare 2 family home is more than an investment-it's a piece of Dearborn's storied heritage. Built in an era when craftsmen took pride in every nail and joist, this 2 story duplex exudes a warmth and permanence that modern construction simply cant replicate. From the moment you arrive you'll notice the sturdy solid structure, the deep front porch begging for morning coffee, the designs whispering stories of the roaring 20s. Its a lovingly maintained home that has stood the test of time; Now upgraded for decades more of worry-free ownership. Upgrades that matter, not just lipstick; Newer roof, updated Elecrical, Copper Plumbing, fully finished basement. The #S make sense or live in 1 & pay off the loan w/othe Immeasurable Timeless Dearborn Duplex, $2800/Month Rent Potential. Step back in time without sacrificing today's comforts. Nestled on a quiet west Dearborn street one block from a lush city park and within easy walking distance of a top-rated school, this rare 2 family home is more than an investment-it's a piece of Dearborn's storied heritage. Built in an era when craftsmen took pride in every nail and joist, this 2-story duplex exudes a warmth and permanence that modern construction simply can't replicate. From the moment you arrive, you'll notice the sturdy, solid structure, the deep front porch begging for morning coffee, the designs whispering stories of the roaring 20s. Not a cookie-cutter flip, NO! its a lovingly maintained home that has stood the test of time; Now upgraded for decades more of worry-free ownership. Upgrades that matter, not just lipstick; Newer roof, updated Electrical, Copper Plumbing, fully finished basement. The numbers make sense or live in 1 & pay off the loan w/other. The second unit boasts its own private entrance and a cozy, above-grade feel thanks to large windows. With a separate living room, bedroom, dining room, and kitchenette, this space has been a reliable source of rental income or the perfect in-law suite. Its layout offers flexibility for a live-in landlord arrangement or a maximum cash flow. Walk one block and you're at the park-think summer picnics, evening strolls, a built-in playground, a new water splash area for the kids, and soccer fields. The elementary school is a short, safe walk away, making this a dream for families. You are minutes from downtown Dearborn's dining and shopping, with easy access to major highways for commuting to and from work, play, or whatever. You will not find flimsy drywall or cheap laminate here. You will find plaster, that dampen sound between units, solid oak floors, a structure that keeps heating costs in check. This is a home that has survived decades of Michigan winters and will survive many more. The fully finished basement, with shared access, is where the home truly shines. Unlike damp, dingy cellars found in lesser homes, this basement has been completely transformed. The lower level is dry, bright, and incredibly versatile. Featuring durable flooring, recessed lighting, and a separate utility area, it serves as a massive family room, rec room, and/or home gym. Because access is shared, both tenants can enjoy this incredible bonus space or close it off and add it to a unit while the other enjoys exclusive access to the 2 car garage. Don't wait, properties with this blend of old-world charm, significant updates, and immediate rental income are rare in Dearborn. Schedule your private showing today and walk through a home that feels like a hug from the past-with a very bright financial future. Call me today or contact your agent

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Multi-Family Active

Price

$ 264,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,363

Style

2 to 4 Units

Lot Size

0.13

Year Built

1925

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

26029674

Features
General
Heating Forced Air
Cooling None
Utilities Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Construction Materials Aluminum Siding Block
Year Built 1925
Tenant Pays Electric Water Sewer Gas
Township Dearborn City
Property Subtype 2 to 4 Units
Tax Year 2025
Ownership Private Owned
County Wayne
New Construction N
Property Type Multi Family
Attached Garage N
Status Active
Directions West of Telegraph South of Michigan ave
City Dearborn
High School District Dearborn
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5663.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4363.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 43705
Legal Description LOT 594 GEORGIA PARK SUB NO 1
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Laundry Features Electric Dryer Hookup Common Area In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Lot Features Sidewalk
Total Parking 6.0
Lot Size Area 0.13
Number of Buildings 1
Spa N
Lot Dimensions 40*137
Lot Size Acres 0.13
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 24647
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* Excluded Features
List By
America's Best Choice Realty

Broker

hanyreo@gmail.com

Email

Affordability Calculator

$1,995
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,631
Monthly Property Taxes
$364
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
4482587 Elementary School
4482586 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$264,900 Listed Price

Map


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24647 Dunning Street, Dearborn, MI, 48124 is a Multi-Family Home for sale at $264,900 with a lot size of 0.13. 24647 Dunning Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 48124 which is in Dearborn, MI