Back 7406 Edward Street
Off Market

7406 Edward Street

Detroit MI 48210

2
1929 sq. ft.
0.07 ac.
Multi-Family
Last sold for $133,500
Lindsay GormanLindsay Gorman, last sold this property on 13 June 2025 after -62 days on market.

Overview

Adorable duplex on the western border of Detroit's Michigan-Martin neighborhood with tons of potential!! Close to both downtown Detroit & Dearborn, this vinyl sided multifamily has a 2 car garage and has been owned & well maintained by the same owner for over a decade. The upper unit is currently rented below market value and the lower unit is currently vacant. All utilities are metered separately except of water is paid by the owner. Recently poured concrete patio/seating area in the backyard, new carpet flooring throughout the lower unit, laundry available in the basement. The lower unit is a 3 bedroom, 1 full bath unit with a bonus room overlooking the front yard that could function as a home office or 4th bedroom. The upper unit is a spacious 2 bedroom floor plan with a large eat-in kitchen and living area. Based on the current market, rent for the upper unit could be up to $800/month while the lower unit could command up to $900/month.

Features

2 bathrooms
1929 sq. ft. floor area
0.07 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 7406 Edward Street is $117k.

Median value
$117k
Estimated value range
$29.9k - $380k
Median days on market
30
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7406 Edward Street

2025
Sold
$133,500
13 Jun 2025 by Lindsay Gorman, of Nika & Co

Happy sellers in Detroit

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We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 27 multi families similar to 7406 Edward Street, have been sold.

This represents a 80% decrease in multi families sales when compared to the previous 12 months.

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