Detroit MI Multi Family for Sale
$199,900
3724 WAGER Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 3,776
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1923
- Baths:
- 4.00
- MLS#:
- 60290690
- Subdivision:
- MC QUADES DEXTER BLVD (PLATS)
ADDITIONAL INFORMATION
Value-Add Opportunity for this 4 unit multi-family! Each unit is 2 bed 1 bath. Majority of the work has been done... Newer roof and newer windows, property just needs TLC on the interior to be brought back to life. This is an excellent opportunity to turn this multi-family into a cash flowing machine, with a projected $950/mo in rent (or more) per unit, grossing $45,600 annually (or more). On the other hand, occupy one of the units while the other 3 units are paying your rent! BATVAI. Agents, please read agent remarks.
$10,000
9953 MCQUADE Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 3,498
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1924
- Baths:
- 3.00
- MLS#:
- 60283721
- Subdivision:
- MC QUADES DEXTER BLVD (PLATS)
ADDITIONAL INFORMATION
Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
$84,500
1662 ELMHURST Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 2,334
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1924
- Baths:
- 2.00
- MLS#:
- 60234269
- Subdivision:
- ROBERT OAKMANS MONTEREY HEIGHTS SUB (PLATS)
ADDITIONAL INFORMATION
MF in the up and coming Dexter/Linwood area. Right across the street from the Detroit Job Corps Center. Some renovation were done. New hot water and furnace in each unit. Updated kitchen. Rent for each unit can be $1000-$1200. New wheelchair ramp. Schedule a showing today.
$195,000
3295 Monterey Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 2,088
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1948
- Baths:
- 2.00
- MLS#:
- 60232924
- Subdivision:
- LINWOOD HEIGHTS (PLATS)
ADDITIONAL INFORMATION
Newly renovated duplex located in the Dexter-Linwood neighborhood of Detroit. Each unit includes two bedrooms and one bathroom. This two-unit investment property was fully renovated in 2023. Updates include a new roof, flooring, windows, hvac, electrical, and plumbing. Both units are tenant occupied through August, 2024. Monthly rental income is $2,250.
$10,000
3740 ROCHESTER Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 4,030
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1924
- Baths:
- 4.00
- MLS#:
- 60198636
- Subdivision:
- MC QUADES DEXTER BLVD (PLATS)
ADDITIONAL INFORMATION
This property is sold in a bundle with 2 vacant lots 3724 and 3734 Rochester. Not sold separately. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.
$159,900
2296 CLAIRMOUNT Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 3,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1920
- Baths:
- 3.00
- MLS#:
- 60189048
- Subdivision:
- JOY FARM (ALSO P39 PLATS)
ADDITIONAL INFORMATION
Welcome to 2296 Clairmount!! Beautiful Multfamily home located in Boston Edision District . Two units with 2 bedroom and one bathroom, basement- unit 1 bedroom and 1 bathroom, attic availble could be renovated for loft space. Potential 4 unit building perfect for owner occupied while other units generating rental income. Sold as-si. BTVAI
$7,000
3769 GLYNN Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 4,068
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1924
- Baths:
- 4.00
- MLS#:
- 60180944
- Subdivision:
- MC QUADES DEXTER BLVD (PLATS)
ADDITIONAL INFORMATION
Welcome to this multi-family quad building offering from the Detroit Land Bank Authority. Four 2 bedroom units just ready for your renovation touches. Property needs a full rehab and all buyers are required to follow DLBA offer guidelines in order to purchase. Property includes adjoining vacant lot at 3761 Glynn Ct. Please note that the Detroit Land bank Authority 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 abatements and lot combinations 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
$16,500
3758 ROCHESTER Detroit, MI 48206
- Type:
- Multi-Family
- Sq.Ft.:
- 4,548
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1924
- Baths:
- 4.00
- MLS#:
- 60179518
- Subdivision:
- MC QUADES DEXTER BLVD (PLATS)
ADDITIONAL INFORMATION
Welcome to the Latest offering from the Detroit Land Bank Authority. Brick 4 unit in need of major renovation. All units contain 2 bedrooms and 1 bath. There are 2 vacant lots included with this sale. 3764 Rochester and 3748 Rochester. Show with caution, bring Flashlight. Please note that the Detroit Land bank Authority 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 abatements and/or lot combinations 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
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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 48206 has a population of 645,658. Detroit 48206 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 48206 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 48206 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.