Buy&Hold (Rental): (Duplex *Brick) 1688 Gladstone St, Detroit, MI 48206 + $165,000

Promise Land Realty
Jul 19
3 min read

Price

$165,000

OFF-MARKET BRICK DUPLEX NEAR HENRY FORD REDEVELOPMENT & NEW TOWNHOMES

Address: 1688 Gladstone St, Detroit, MI 48206

Asking Price: $165,000

Property Type: Brick Duplex

Beds/Baths: 6 Bed / 2 Bath Total (3 Bed / 1 Bath per unit)

Square Footage: Approx. 2,526 sq ft

Construction: Solid Brick, Duplex

Strategically located just steps from Detroit’s coveted Boston-Edison District, this large brick duplex is the kind of asset serious Detroit investors hunt for. With over 2,500 square feet, this property offers strong upside for both long-term hold or high-end flip.

What makes this a standout investment:

Just blocks from the Henry Ford Hospital redevelopment corridor, one of Detroit’s most transformative mixed-use development zones.
Surrounded by revitalization activity and new construction townhomes proposed nearby, which will raise neighborhood comps.
Located in a rental and homeowner pocket that supports strong ARVs and rising values.

Each unit offers 3 bedrooms and 1 bath, making it ideal for attracting quality tenants or future resale to owner-occupants. The bones are here — smart investors will capitalize now before prices rise.

Property Photos:

View Property Photos

Comparable Sales & ARV Potential:

663 Chicago Blvd – 2,300 sq ft Duplex – Sold for $275,000
2076 Taylor St – Renovated Duplex – Sold for $259,900
910 Longfellow St – 2-Unit – Sold for $245,000

Estimated ARV: $240,000 – $300,000+ with full renovation.

Submit all offers directly to: investments@promiselandrealtyllc.com

Property Map

TEAM PROMISELAND DISCLAIMER:

This off-market property is exclusively presented by Team Promiseland. Unauthorized use, marketing, or reproduction of this listing without express written permission or verified membership in TEAM PROMISELAND affiliates is strictly prohibited. Violators are subject to a $500 fine.

All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.

OFFICIAL PROMISELAND LENDING PARTNER