1583 Hurlbut Street, Detroit City, MI 48214
WATERWORKS (PLATS) · Wayne County
Key Facts
Description
High-yield Detroit duplex with stable income and value-add upside. Prime investment structure: two-unit duplex (multi-family zoning) with 3-bedroom units—ideal for long-term rental demand and simple portfolio scaling. Fully occupied with tenant possession and existing leases in place, delivering immediate cash flow from day one; rent reportedly includes sewer and water. Favorable operating footprint: 33 x 115 lot, paved road frontage, on-street parking and public utilities (water/sewer/cable available), simplifying management and lowering capital surprises. Solid building fundamentals: built 1907 with poured full basement (approx. 1,045 sq ft) and updated systems possible to prioritize for value-add; duplex layout and two-story configuration support unit-level renovations and rent bumps. Complete renovation 2024 inside and out. Updated plumbing, electrical with new service pannels, HVAC with new furnances, all seperate utilities except one water meter that the tenants split the bill. New windows, roof & exterior siding, new decking and patios. Financial edge for buyers: lower listing price (seller motivated to move to larger multifamily) creates opportunity for immediate equity and accelerated returns through modest rent increases, expense optimization, or unit upgrades. Compare to comparables in the $300,000+ range. Quick due-diligence wins: clear public records (property ID W1910048775S) and mapped location in Detroit (zip 48206) enable fast underwriting and neighborhood comparables. Financing and exit: Detroit investor-friendly loan products exist for small multifamily; current 30-year fixed quotes near 7% for approved credit may apply—shop multiple lenders for best leverage to boost cash-on-cash returns.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Duplex
Year Built
1907
Living Area
2,556 sq ft
Lot Size
0.09 acres
Lot Dimensions
33x115
MLS® Listing#
20261050840
Property Features
Cooling
Heating
Basement
Pool
Parking
Patio
Construction
Roof
Security
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$5,211
Assessed Value
$28,971
Parcel Number
W19I004875s
Directions
North off E Jefferson 2 blocks & 3 blocks east of McClellan Ave.
Affordability Calculator
$51,580
Estimated monthly payment
$1,373/mo
Principal $206,320 · Est. interest $287,835 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $231,966
- Median Listing Price
- 55
- Median Days on Market
- 1,491
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 14,074
- Active Listings
- This home’s price is 11% above the area median.
- Its price per sq ft is 26% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
- 1583 Hurlbut Street, Detroit City, MI 48214
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Hutchinson Elementary-Middle School
Elementary · 0.4 mi away
Howe Elementary School
Elementary · 0.4 mi away
Charles Vincent Continuing Ed
School · 0.5 mi away
Eastside Academy
School · 0.5 mi away
Detroit Enterprise Academy
School · 0.6 mi away
Detroit Waldorf School
Elementary · 0.8 mi away
Southeastern High School
Secondary · 0.8 mi away
Nichols Elementary-Middle School
Elementary · 0.8 mi away
Garvey Academy
School · 1.0 mi away
Detroit Lions Academy
School · 1.2 mi away
Detroit Prep
Elementary · 1.3 mi away
Moses Field Center
Elementary · 1.3 mi away
The James and Grace Lee Boggs School
Elementary · 1.3 mi away
Davis Aerospace Technical High School
Secondary · 1.7 mi away
Detroit Public Schools
School · 1.7 mi away
Carstens Academy of Aquatic Science
Elementary · 1.8 mi away
Iskcon Detroit - the Devasadhan Mandir
School · 1.9 mi away
Detroit Public Schools
School · 2.1 mi away
Blackwell Institute
Secondary · 2.1 mi away
Martin Luther King High School
Secondary · 2.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 805 S Douglas Street, Mt Pleasant City, MI | $189,900 | 12 | 3 | 2,434 |
| 2292 Richton Street, Detroit City, MI | $204,900 | 66 | 22 | 2,104 |
| 687 Mcguigan Avenue, Benton Harbor City, MI | $214,900 | 8 | — | 3,584 |
| 16159 Log Cabin Street, Detroit City, MI | $249,900 | 20 | — | 10,784 |
| 2928 Richton Street, Detroit City, MI | $249,900 | 12 | 5 | 4,960 |
| 3801 Ellery Street, Detroit City, MI | $259,000 | 8 | 4 | 3,663 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: Fresh Start Homes - 2484135201
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.