$450,000

Estimated payment $2,520/month

Total Views 2,777
8 Beds
4 Baths
3,868 Sq Ft
$116 Price per Sq Ft

Highlights

  • Balcony
  • Porch
  • Lobby
  • Cass Technical High School Rated 10
  • Patio
  • Forced Air Heating System

About This Home

4 unit multifamily Brick building, 4 year old complete tear off roof, all units are occupied with long term on time tenants month to month leases, land contract terms, rental certified with city of Detroit through 2027, vacant lot to the north of the building included in sale. Kindly do not disturb tenants or approach property without reaching out to listing agent first.

Listing Agent

Erin Hertzog

Good Company License #6501413567 Listed on: 08/07/2025

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x157.5
  • Property fronts an alley

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4 Full Bathrooms
  • 3,868 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Shared Water Meter

Listing and Financial Details

  • Assessor Parcel Number 18008121

Community Details

Overview

  • 4 Units
  • Kaiers Sub Of Lts 16 Thru 29 Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$867

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building, Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 64200.0000
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished, Walk-Out Access
  • Sq Ft Combined: 3868
  • Total Sq Ft: 3868
  • Sq Ft Total Bsmt: 1934

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Balcony, Patio, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk, Alley
  • Sideof Street: E

Garage/Parking

  • MF Parking: Unassigned

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Common
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 5000.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.14
  • Lot Dimensions: 40X157.5
  • Parcel Number: 18008121
  • Encroachment: Yes
  • Zone Conform: Yes
  • Zoning: Residential

Rental Info

  • Deposit Amount: 135000.00
  • Rent Includes: Water/Sewer, Water
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3935

Tax Info

  • Tax Amount Summer: 801.0000
  • Tax Amount Winter: 65.6500
  • Total Tax: 866.6500
  • Taxable Value: 7321.0000

Multi Family

  • Gross Scheduled Income: 51155.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 4

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $801 $76,600 $0 $0
2024 $801 $64,200 $0 $0
2023 $777 $50,600 $0 $0
2022 $820 $42,800 $0 $0
2021 $801 $33,000 $0 $0
2020 $801 $34,700 $0 $0
2019 $791 $26,800 $0 $0
2018 $808 $25,800 $0 $0
2017 $113 $23,600 $0 $0
2016 $865 $6,200 $0 $0
2015 $620 $6,200 $0 $0
2013 $684 $6,836 $0 $0
2010 -- $9,794 $875 $8,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $450,000 +181.3% $116 / Sq Ft
09/17/2021 09/17/21 Sold $160,000 -20.0% $41 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $199,900 -16.7% $52 / Sq Ft
06/17/2021 06/17/21 For Sale $239,900 -- $62 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Ata National Title Group Llc
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,750 New Conventional
Closed $204,050 Construction
Closed $204,050 Commercial
Previous Owner $83,700 New Conventional
Source: Public Records

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Source: Realcomp

MLS Number: 20251024302

Realcomp

APN: 18-008121