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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2509 Gladstone St , Detroit, MI 48206
$299,900
Est. Payment: $666.44/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 125
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377454 - 421870
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House Description

Live in one unit while the second helps offset your mortgage, an exceptional opportunity in Detroit’s desirable Virginia Park neighborhood, just four blocks from the Historic Boston Edison District. This fully vacant, completely renovated brick duplex offers the ideal blend of classic Detroit character and modern peace of mind, making it a standout opportunity for both owner-occupants and savvy investors. Each spacious unit features 3 bedrooms and 1 full bath, offering flexible living arrangements. Major capital improvements have already been completed, including new windows, plumbing, electrical, furnace, hot water heater, and roof, allowing for low-maintenance ownership from day one. The upper unit features an expansive sunroom filled with natural light, perfect for a home office, reading retreat, or additional flex space. The large basement offers separate access, dedicated laundry, and individual storage, while separate utilities provide added convenience and investment appeal. A detached 2-car garage, an uncommon bonus for Detroit multifamily properties, adds even more value. For qualifying owner-occupants, there may be potential eligibility for Neighborhood Enterprise Zone Homestead (NEZ-H) tax savings, making this opportunity even more compelling. Whether you're looking to build wealth through house hacking, secure a strong turnkey multifamily investment, or own a beautifully updated property in one of Detroit’s most exciting neighborhoods, this is a rare opportunity worth seeing.

Highlights

Listed by Gentraia Brown , 248-469-2533 REMAX City Centre , 313-528-3002.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1922

County

Wayne

School District

Detroit

Listing ID

20261034771

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Principal Interest
$666
Taxes
$282

Home Price

$299,900

Loan Details

30 yrs
%

Down Payment

20%
$59,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.44 $282.33 $0.00 $948.78
Yearly $7,997.33 $3,388.00 $0.00 $11,385.33
Total $239,920.00 $101,640.00 $0.00 $341,560.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.