$499,999

Estimated payment $3,209/month

Total Views 431
-- Bed
8 Baths
3,370 Sq Ft
$148 Price per Sq Ft

About This Home

Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price

Listing Agent

Paris Laurent

RE/MAX Leading Edge License #6501460811 Listed on: 06/12/2026

RE/MAX Leading Edge

Co-Listing Agent

Henry Laurent

RE/MAX Leading Edge License #6501446645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 51x60

Home Design

  • 3,370 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 8 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number W14I004125S002L

Community Details

Overview

  • 8 Units
  • MC Quades Heights Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1930
  • State Equalized Value: 134600.00
  • Pets Allowed: Call
  • Property Sub Type: MultiFamily
  • Co List Office Mls Id: 392273
  • Co List Office Phone: 3132777777
  • Co List Office Mls Id: 392273
  • Above Grade Finished Sq Ft: 3370.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 8

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, BrickMortar
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Disclosures: NoRestrictions, ProjectedIncome, TaxesNotHomesteadExempt

Garage/Parking

  • Garage: No

Utilities

  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Dimensions: 51X60
  • Parcel Number: W14I004125S002L
  • Land Lease Expiration Date: 2026-09-09
  • Zoning Description: MultiFamily

Rental Info

  • Monthly Rental Income: 3000.00

Tax Info

  • Tax Amount Summer: 6280.00
  • Tax Amount Winter: 7706.00
  • Tax Annual Amount: 13986.00

Multi Family

  • Gross Scheduled Income: 72000.00
  • Number Of Units Total: 8
  • Above Grade Finished Area Units: SquareFeet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2026 06/12/26 Price Changed $499,999 0.0% $148 / Sq Ft
06/12/2026 06/12/26 For Sale $500,000 -- $148 / Sq Ft
Source: Realcomp

About the Listing Agent

Paris Laurent

RE/MAX Leading Edge

(844) 430-2336

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Source: Realcomp

MLS Number: 20261044105

Realcomp
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