$995,000

Estimated payment $5,375/month

Total Views 2,356
22 Beds
8 Baths
6,273 Sq Ft
$159 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Lobby
  • Ceiling Fan

About This Home

Ideally located in Detroit’s vibrant North End, this fully renovated 8-unit multifamily property offers a strong investment opportunity. The unit mix includes six 3-bedroom/1-bath units and two 2-bedroom/1-bath units. Seven of the eight units are currently leased, with one unit vacant and ready for occupancy.Each residence features a contemporary kitchen, updated bathroom, in-unit laundry, and charming dual-balcony decks. Just blocks from the Detroit People’s Food Co-op and situated near major redevelopment corridors, the property combines historic character with modern living. Adjacent Vacant Lot can be included for the right price. Whether you're expanding an existing portfolio or making your first multifamily purchase, this is great opportunity.

Last Listed By

Todd Sykes

Berkshire Hathaway HomeServices The Loft Warehouse License #6501379736 Listed on: 05/16/2025

Berkshire Hathaway HomeServices The Loft Warehouse

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1912 | Remodeled in 2018

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 8 Full Bathrooms
  • 6,273 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 55x117

Listing and Financial Details

  • Assessor Parcel Number W01I003014S

Community Details

Overview

  • 8 Units
  • More Than One Subdivision Involved

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1912 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 3 Story
  • Year Built: 1912
  • State Equalized Value: 148600.0000
  • Year Renovated: 2018
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Finished
  • Sq Ft Combined: 7773
  • Sq Ft Lower Floor: 1500
  • Total Sq Ft: 6273
  • Sq Ft Total Bsmt: 1500

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Porch Type: Deck
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Schools

  • School District: Detroit

Lot Info

  • Lot Dimensions: 55x117
  • Parcel Number: W01I003014S
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 10450

Tax Info

  • Tax Amount Summer: 1026.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 1136.0000
  • Taxable Value: 12298.0000

Multi Family

  • Gross Scheduled Income: 125400.00
  • Number Of Units Total: 8
  • Number of Three Bedroom Units: 6
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 7

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $995,000 -- $159 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20250031725

Realcomp