This Detroit duplex portfolio offers investors the opportunity to acquire two multifamily assets totaling four residential units in established Detroit neighborhoods. Located at 4249 Elmhurst and 14731 E. Forest Avenue, the portfolio combines a mix of unit configurations with exposure to two distinct submarkets positioned within areas benefiting from ongoing public and private investment activity.
The portfolio consists of two duplex properties featuring a total of four units, including two three-bedroom units at 4249 Elmhurst and two one-bedroom units at 14731 E. Forest Avenue. The properties were originally constructed in 1925 and provide investors with the ability to acquire multiple income-producing units through a single transaction. Recent capital improvements include a new roof installed at 4249 Elmhurst in 2024, helping reduce near-term maintenance requirements.
Both assets are situated within neighborhoods that continue to attract redevelopment initiatives and investment activity. The East Forest property is located within Detroit's East Warren corridor, an area experiencing ongoing revitalization efforts supported by public and private investment, including mixed-use redevelopment projects, housing initiatives, and commercial corridor improvements. The Elmhurst property benefits from a central Detroit location with access to major transportation routes and neighborhood amenities.
Offering a blend of unit diversity, recent property improvements, and locations within active redevelopment corridors, this portfolio presents an opportunity for investors seeking to expand their multifamily holdings in Detroit through a four-unit acquisition.