540 542 Holbrook Street
Detroit, MI 48202
- – beds
- 2 baths
- 2,112 sqft
- 3,485 sqft lot
- $120 per sqft
- 1915 build
- – on site
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Welcome to 540-542 Holbrook Ave, a beautifully updated duplex in a prime Michigan Opportunity Zone, offering exceptional tax advantages and long-term growth potential! Perfect for investors or owner-occupants, each unit features 2 spacious bedrooms, 1 bathroom, and gorgeous hardwood flooring throughout. Recent updates include a new roof, modern plumbing, gutters, and electrical systems, ensuring worry-free ownership. Both units have been freshly painted, creating a bright and inviting atmosphere. The upstairs unit boasts a fully renovated kitchen with new cabinets, luxury vinyl flooring, countertops, and doors, along with an updated bathroom featuring a new tub, flooring, sink, and vanity. Additional highlights include a 2-car garage and a sizable adjacent lot, offering outdoor space for recreation, gardening, or potential development. Currently rented on month-to-month leases at $1,000 per unit, with area rental comps averaging $1,200 per unit, this property offers substantial cash flow potential. Don’t miss this rare opportunity to own a move-in-ready duplex with incredible tax advantages—schedule your showing today!
Last checked:
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Last updated Jan 17, 2025
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MLS# 20240085991 —
The Building
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Year Built:1915
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Year Remodeled:2019
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Colonial
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Roof:Asphalt
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Levels:Two
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Basement:Full, Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Exterior Features:Balcony, GutterGuardSystem
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Security Features:SmokeDetectors
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Patio And Porch Features:Covered
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Above Grade Finished Area:2112.0
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Below Grade Total Area:1056
Interior
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Interior Features:HighSpeedInternet, ProgrammableThermostat
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Fireplace:false
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Laundry Features:LaundryRoom
Room Dimensions
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Living Area:2112.0
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Living Area Source:Estimated
Location
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Directions:East Of Woodward And West Of Oakland
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Cross Street:Woodward east along Holbrook
The Property
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Parcel Number:W03I002414S
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.08
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Lot Size Area:0.08
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Lot Size Dimensions:30.00 x 113.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family,Residential
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Fencing:BackYard
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (248) 644-6700
- Office phone:
- (248) 644-6700
Taxes
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Tax Legal Description:S HOLBROOK 3 HOWLANDS L15 P54 PLATS, W C R 3/103 30 X 113
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Tax Assessed Value:9602
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Tax Annual Amount:1169.0
Baths
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Bathrooms Total:2
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Bathrooms Full:2
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:WindowUnits
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Cooling:true
Utilities
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Utilities:AboveGroundUtilities
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Electric:Service100Amp
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Detroit
The Community
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Subdivision Name:HOWLANDS
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Yes
Parking
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Garage:true
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Attached Garage:false
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Parking Total:2.0
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Parking Features:Garage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/30/24
Dec 30, 2024
|
Sold | REALCOMP | $255,000 | 2.0% |
|
12/2/24
Dec 2, 2024
|
Pending | REALCOMP | $250,000 | |
|
11/27/24
Nov 27, 2024
|
Sold Subject To Contingencies | REALCOMP | $250,000 |
