Detroit MI Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,782
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1954
Baths:
2.00
MLS#:
60352763
Subdivision:
DIEGEL HOMESTEAD PARK SUB (PLATS)

ADDITIONAL INFORMATION

This multifamily fixer-upper is loaded with potential and ready for your vision. With two - 2 bedroom units, the completion of this property can generate cash flow or offer a house hacking opportunity. Some updates are already in motion. Note: The property does need some plumbing repair. Seller is motivated, so set up your viewing and submit an offer to purchase.

Type:
Multi-Family
Sq.Ft.:
2,128
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1942
Baths:
3.00
MLS#:
60351495
Subdivision:
SEYMOUR & TROESTERS CHALMERS

ADDITIONAL INFORMATION

Welcome to an excellent investment opportunity! This Multi-Family Triplex is a rare find that could be the perfect addition to your portfolio as a rental, group home, rooms for rent or whatever your imagination conjures. Each unit features one bedroom, one bathroom, and a private basement. Property being sold AS IS and has begun renovations and all it needs is your finishing touches. This property is situated in a convenient location near schools and major roads for easy accessibility and also inside of the "Better Block Detroit G7 Project". There are at least three vacant parcels of land owned by the DLBA that can be purchased separately to add to this property.

Type:
Multi-Family
Sq.Ft.:
1,506
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1956
Baths:
2.00
MLS#:
60345981
Subdivision:
DRENNAN & SELDONS LASALLE COLLEGE PARK NO 1(PLATS)

ADDITIONAL INFORMATION

Investment opportunity on Detroit's East Side. Brick duplex near City airport. Upper / Lower with 2 br units. Cleaned out and ready for new owner's finishing touches. Kitchens and baths updated. Full basement and 2 car garage. Light rehab needed. Cash or DSCR buyers only.

Type:
Multi-Family
Sq.Ft.:
1,456
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1956
Baths:
2.00
MLS#:
60340580
Subdivision:
FELDMAN & FELDMAN PALOMAR PARK

ADDITIONAL INFORMATION

This multifamily property presents a fantastic investment opportunity, currently featuring one unit rented for $500 below market value. Its prime location and potential for increased rental income offers immediate cash flow and significant upside for savvy investors. The well-maintained units boast desirable amenities and are situated in a thriving neighborhood, making it an attractive choice for both current and future tenants. Don�t miss the chance to capitalize on this exceptional value!

Type:
Multi-Family
Sq.Ft.:
1,330
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1967
Baths:
4.00
MLS#:
60337921
Subdivision:
DRENNAN & SELDONS CONNORS PARK

ADDITIONAL INFORMATION

This property includes 12012/12014 Conner both are identical 1 bedroom and 1 full baths with nice sized kitchens and living rooms. Perfect for an investor or a buyer looking to pay their mortgage by leasing the second unit. Each unit is leased for $700/month on a month to month lease. The buyer will receive keys at closing and will have the option to continue with a month to month lease or live in a unit and lease out the other to whomever they choose. The location of this property is minutes from I-94, shopping, and restaurants. This location is perfect to get downtown/suburbs in 10 minutes. Hurry this beauty won't last.

Type:
Multi-Family
Sq.Ft.:
2,880
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1928
Baths:
4.00
MLS#:
60337806
Subdivision:
GITRE PARK

ADDITIONAL INFORMATION

Located 8 minutes from the infamous East English Village District, you will find 17129 Westphalia nestled on a 5,357 square foot lot in a quiet neighborhood of homeowners. This crown jewel boasts a brand new roof to ensure repeat dividends for many years to come. Your apartment complex consists of 4 recently remodeled 1 bed room units. Each unit has been upgraded and has entirely brand new electrical and plumbing to insure maintenance free cash flow. Furthermore the entire complex has new electrical and plumbing from top to bottom. Each spacious unit has freshly rolled paint and brand new carpet with top of the line underlayment. 3 of the 4 units are leased to section 8 tenants and the monthly dividends are 3,007 all paid by section 8. The tenants pay all utilities, which allows this complex to maintain a near 29 print cash on cash return. This Diamond will be wrapped around a lucky owner's finger soon! No showings without accepted full list offer.

Type:
Multi-Family
Sq.Ft.:
1,680
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1926
Baths:
3.00
MLS#:
60337265
Subdivision:
SEYMOUR & TROESTERS MONTCLAIR HGTS NO 2 (PLATS)

ADDITIONAL INFORMATION

Exciting investment opportunity! This property features 2 units with low maintenance month-to-month tenants who have a combined tenancy of 14 years and would like to stay, offering a steady income stream and future return potential. This multi family offers 2 bedrooms and 1 bath in each unit. Bonus: includes a two-car garage. **Tenant occupied** 24 hour notice to show. BATVAI.

Type:
Multi-Family
Sq.Ft.:
2,256
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1928
Baths:
2.00
MLS#:
60336227
Subdivision:
D. J. R. SUB (PLATS)

ADDITIONAL INFORMATION

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE MONDAY AT 1PM. Located 8 minutes from Grosse Pointe you will find 14130 Houston Whittier nestled on a 4,000 square foot lot in a quiet neighborhood of homeowners. This crown jewel boast two 3 bedroom units. This home displays newer electrical and plumbing to insure maintenance free cash flow. Other updates include a new roof and has fresh paint. his beauty has just been leased with 2 section 8 tenant and the monthly dividends of 990 and 1587 with a total of 2577/month. This Diamond will be at a lucky owner's fingertips soon! No showings without accepted full list offer.

Type:
Multi-Family
Sq.Ft.:
1,500
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1929
Baths:
2.00
MLS#:
60322998
Subdivision:
GITRE PARK

ADDITIONAL INFORMATION

Beautiful two family remodeled property with basement and detached two car garage.All Appliances are included. Covered Front porch. Fenced Yard. Security system and security doors. Updated bathrooms and Kitchen. Freshly painted. Newer furnace and hot water tanks along with updated electrical. Current tenant occupies both units. Newer Roof. Newer Siding. Great investment opportunity and professionally managed.

Type:
Multi-Family
Sq.Ft.:
3,060
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1946
Baths:
4.00
MLS#:
60308566
Subdivision:
TROMBLEY PK

ADDITIONAL INFORMATION

Attention Investors check out this latest offering from the Detroit Land Bank Authority! Fire Damaged Property! Welcome to an incredible investment opportunity in the Von Steuben neighborhood! This two-story full brick colonial property boasts over 3000 square feet of potential, offering versatile living spaces across four units. This property presents a unique opportunity for restoration and renovation, allowing you to unleash its full potential. Each unit features two bedrooms and one full bath, providing comfortable living spaces for tenants. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Detroit Real Estate

The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!

Detroit, Michigan 48205 has a population of 645,658. Detroit 48205 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.

The median household income in Detroit, Michigan 48205 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48205 is 35 years.

Detroit Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.

Detroit Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    256
    30-day change

Detroit Schools and Demographics

Education near Detroit, MI

Metric City County
High School Graduates 82.61 87.61
College Degree - 2 year 7.43 8.59
College Degree - 4 year 16.23 25.82
Graduate Degree 5.15 7.79
Expenditures per Student 13,771 13,771
Students per Teacher 17.7 17.7

Elementary Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Blackwell Institute PK - 08 377 15.1 48213
Brenda Scott Academy for Theatre Arts KG - 08 827 17.2 48205
Brewer Elementary-Middle School PK - 08 495 18.3 48205
Brown Ronald Academy PK - 06 600 13.9 48224
Clark J.E. Preparatory Academy PK - 08 665 18.5 48224
Edward Duke Ellington @ Beckham PK - 08 627 16.1 48213
Fisher Magnet Lower Academy PK - 04 582 15.7 48205
Holmes A.L. Elementary-Middle School PK - 08 451 14.1 48213
Marvin L. Winans Academy of Performing Arts Elementary KG - 05 481 22.9 48224
Pulaski Elementary-Middle School PK - 08 490 21.3 48205
Regent Park Scholars Charter Academy KG - 08 714 17.9 48205
Trix Elementary PK - 08 353 15.3 48205

Middle Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Blanche Kelso Bruce Academy - St. Thomas Site 05 - 12 10 2 48213
Fisher Magnet Upper Academy 05 - 08 505 16.8 48205

High Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Denby High School 09 - 12 713 23 48224
East English Village Preparatory Academy 09 - 12 1,573 26.2 48224
Osborn Academy of Mathematics 09 - 12 299 15.7 48205
Osborn College Preparatory Academy 09 - 12 232 13.7 48205

Ungraded Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
* Diann Banks-Williamson Educational Center 09 - 12 90 9.4 48224
* Osborn Evergreen Academy of Design and Alternative Energy 09 - 12 262 15.4 48205
Blanche Kelso Bruce Academy - Bowman Site 05 - 12 9 9 48205
Blanche Kelso Bruce Academy - Connor 05 - 12 83 6.9 48213
Turning Point Academy KG - 12 69 4.7 48205

Demographics near Detroit, MI 48205

Metric Zip Code City
Neighborhood Type Inner City
Population 645,658 1,789,781
Population Density 4,655 2,925
Median Age 35 37.8
People per Household 2.5 2.6
Median Household Income 34,762 52,830
Average Income per Capita 20,780 29,953