2501 Delaware Avenue
Flint, MI 48506
Single Family Residence · MLS # 61050226689 · Listing courtesy of Irongate Realty Group
About this home
Great Investment Opportunity! This two-story duplex features two spacious units, each offering 2 bedrooms and 1 full bathroom. The lower unit includes a kitchen, dining room, living room, and basement with a laundry area, while the upper unit offers a kitchen and living room. Both units are now rented, providing immediate rental income for the next owner! The property also includes a large additional vacant lot next door, offering extra space and future possibilities. Recent updates include a roof approximately 5 years old, furnace approximately 4 years old, water heater approximately 2 years old, and some newer windows throughout. With a large yard, two occupied rental units, and valuable additional land, this property is a great opportunity to add to your investment portfolio!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Flint
Over the last 90 days, 312 homes sold in Flint for a median of $98,950, about $74 per square foot, and the typical one went under contract in 17 days. This home is listed at $110,000, or $73 per square foot, about the same as the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Flint sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,696 a year. A buyer who lives here would pay about $2,907 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.34 mills for Flint City and Flint schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Flint
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