Detroit MI Multi Family for Sale
$100,000
7225 SENATOR Detroit, MI 48209
- Type:
- Multi-Family
- Sq.Ft.:
- 1,210
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1919
- Baths:
- 2.00
- MLS#:
- 60346117
- Subdivision:
- FERNDALE AVE SUB (PLATS)
ADDITIONAL INFORMATION
This updated multi-family property offers excellent potential for steady returns. Featuring two spacious 1-bedroom, 1-bath units, both have been well-maintained and are ready for new ownership. Each unit is equipped with brand-new carpet, updated cabinetry, and a newer roof, making it a turnkey investment. The upper unit includes a private balcony, providing outdoor space for relaxation, while the shared basement offers additional storage or laundry space. With each unit renting for $950/month, this property delivers solid rental income and has the potential for future appreciation. Located in Southwest Detroit, this property is just 15 minutes from downtown and offers easy access to I-75, making it a convenient location for tenants. Whether you're an experienced investor or looking for your next project, this property is a great opportunity to add to your portfolio. Don't miss outââ?¬â??schedule your viewing today! The highest and best offer deadline is 10/14/24 at 6 PM
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1927
- Baths:
- MLS#:
- 70434532
ADDITIONAL INFORMATION
Great investment opportunity! Newly updated 6 unit occupied apartment building with leases in place in Southwest Detroit. Your tenants will enjoy all that Mexican Town has to offer! The entire building has been rental certified and has passed lead inspection by the city of Detroit. There are a total of 6 two bedroom units. All units are currently occupied. The building is separated into two entrances. The first entrance includes the front two units and the side entrance leads to the remaining 4 units. Each unit is separately metered. All furnaces for the building have been updated in 2020. The seller is opening to seller financing.
- Type:
- Multi-Family
- Sq.Ft.:
- 12,964
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1923
- Baths:
- MLS#:
- 70418712
ADDITIONAL INFORMATION
Welcome to your next investment opportunity in the heart of Southwest Detroit! This 10-unit building is a beacon of potential, boasting numerous features that make it a lucrative addition to your portfolio.The upgraded units in this building command top dollar, with rents reaching up to $1,200 per month. This means a potential annual income of around $140,000 when all units are fully upgraded.Southwest Detroit is experiencing rapid appreciation, making this property an even more attractive investment. The neighboring $4.4BN Gordie Howe Bridge development is scheduled to complete next year. Its surrounding areas have seen significant development, making it an exciting time to invest in this community.Each unit in this building is individually metered.
$650,000
4322 W VERNOR Detroit, MI 48209
- Type:
- Multi-Family
- Sq.Ft.:
- 4,500
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1909
- Baths:
- 4.00
- MLS#:
- 60303939
- Subdivision:
- SCOTTEN & LOVETTS SUB ALL PT PC 267 268 & 270
ADDITIONAL INFORMATION
Be in the Middle of It All in Southwest Detroit. This Fourplex is the perfect Handy Man's Special to turn into you own. This Diamond in the Rough is Right Across the Street From Clark Park, convenient to Restuarants, Shopping, Freeways and minutes from Downtown Detroit. This is an Estate Situation and property shares TAX ID w/Other properties. will be split prior to sale. BATVAI. Please Call Agent w/Any Questions.
$134,900
776 WOODMERE Detroit, MI 48209
- Type:
- Multi-Family
- Sq.Ft.:
- 1,966
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1927
- Baths:
- 2.00
- MLS#:
- 60285663
- Subdivision:
- DISTELS SUB (PLATS)
ADDITIONAL INFORMATION
Wonderful opportunity to own this Brick two-unit property. Both units are basically the same living room, dining room, kitchen, two bedrooms, and one full bath. Hardwood floors throughout. OVERSIZED FENCED-IN YARD!! Both units are occupied with tenants on a MTM. Add this to your investment portfolio. Located in the up-and-coming SouthWest Detroit. Near great restaurants, local stores, and entertainment, and just a few minutes from the highway! You will not want to miss out on this one, book your showing today!
$139,900
1943 CENTRAL Detroit, MI 48209
- Type:
- Multi-Family
- Sq.Ft.:
- 2,200
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1924
- Baths:
- 2.00
- MLS#:
- 60045462
- Subdivision:
- FERNDALE AVE SUB (PLATS)
ADDITIONAL INFORMATION
Location, location, location! Do not miss out on this property located on Central Street! There is a ton of development going on in the area in anticipation of the International Gordie Howe Bridge. At this price point, this opportunity will not last. Property features 2-3 bedrooms. Turn this property into long-term passive income! The buyer's agent is to order the reading and it will not be an excuse to delay* closing. Property sold "As Is".Great Investment opportunity on this 2 unit income property. Each unit has separate utilities and was updated in 2004. This will go quickly. Proof of funds should be provided with the offer. Please do not approach tenants-Landlord can show units with an approved offer.- *All data and measurements are approx * Buyer/Buyers agent to verify all information and data. *PRE-APPROVED PURCHASER'S ONLY* Buyer to assume all repairs and sign ACR with City of Detroit.
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 48209 has a population of 645,658. Detroit 48209 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 48209 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 48209 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.