$232,650
SOLD APR 25, 2025
8 Beds
4.5 Baths
3,658 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

11% Below List Price

86 Days on Market

About This Home

As of April 2025

INVESTMENT OPPORTUNITY!!!Solid brick, 4unit apartment building for sale. Each unit consists of living room, kitchens, 2 bedrooms and full bath. All units are identical in layouts. This building is poised to bring in a yearly income. Separate electric and gas for each unit. One water meter for the building. This building is perfect for a buy and hold investor looking to start with a multi-family project in Detroit! Each unit has been freshly painted.Tenant occupied, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.

Last Agent to Sell the Property

Renae Palmer

Real Estate Management Specialists Inc License #6501349805

Last Buyer's Agent

Nicholas Zeoli

Real Broker LLC License #6501399249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70.00 x 115.00

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 4 Units
  • John M Welchs Mayview Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W22I020551C2
  • $2,350 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,573

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Assessment: 240.00
  • Year Built: 1925
  • State Equalized Value: 27000.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Sq Ft Combined: 3658
  • Total Sq Ft: 3658
  • Sq Ft Total Bsmt: 1829

Exterior Features

  • Foundation Details: Michigan Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Source: Public (Municipal), Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 70.00 x 115.00
  • Parcel Number: W22I020551C2
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water
  • Monthly Rental Income: 3252

Tax Info

  • Tax Amount Summer: 2319.0000
  • Tax Amount Winter: 254.0000
  • Total Tax: 2573.0000
  • Taxable Value: 27000.0000

Multi Family

  • Gross Scheduled Income: 39024.00
  • Number Of Units Total: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 19, 2023
Sold by
Wen Yvonne Lim Yi
Bought by
Nine Green Flm Group Llc
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Angie Sierra
RE/MAX City Centre
List Price
$209,900
Sold Price
$203,000
Premium/Discount to List
-$6,900
-3.29%
Total Days on Market
86
Views
206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$152,250
Outstanding Balance
$149,237
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$97,453

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 18, 2022
Sold by
Olin Johnson
Bought by
Kim Yvonne
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Michael Helfant
Keller Williams Somerset
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Nov 21, 2014
Sold by
United Cash Corp
Bought by
Control Holdings Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Nambiar Jaywant and Nambiar Renuka
Bought by
Cash Deal America

Purchase Details

Closed on
Jul 2, 2012
Sold by
Cash Deal America
Bought by
United Cash Llc

Purchase Details

Closed on
Oct 10, 2008
Sold by
Inland Empire Properties Llc
Bought by
Nambiar Jaywant

Purchase Details

Closed on
Jul 26, 2002
Sold by
Hill Windall D
Bought by
Hill Shantay T

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 7051 Joy Rd, Detroit, MI 48204

    $210,000

    • 8 Beds
    • 4 Baths
    • 3,762 Sq Ft
    • 7051 Joy Rd
    • Detroit, MI

    This is a great opportunity to own a fully rented multi unit rental property in the city of Detroit. The tenants are all month to month leases, and all of them have been long-term, which is why the rents are so low. The building is in good condition with no known needed repairs. all four units have two bedrooms and one bathroom each. there is the laundry room in the basement. All furnaces and hot

    Clifford Rockefeller Rockefeller Realty

    Section Image
  • 3725 Glynn Ct, Detroit, MI 48206

    $249,900

    • 8 Beds
    • 4 Baths
    • 3,960 Sq Ft
    • 3725 Glynn Ct
    • Detroit, MI

    Investor Special a must see 4 units, coin laundry Tenants pay their own Utilities Roof and beams and all electric all plumbing and gas lines and windows about 5 years old, all data approx buyer and buyer agent to verify.

    Mike Sobh RE/MAX Leading Edge

    Section Image
  • 2547 Elmhurst St, Detroit, MI 48206

    $215,000

    • 8 Beds
    • 4 Baths
    • 3,850 Sq Ft
    • 2547 Elmhurst St
    • Detroit, MI

    Beautiful brick 4-unit building located in the revitalizing Dexter-Linwood neighborhood, just minutes from Boston-Edison and Russell Woods. Each unit offers two bedrooms and has been fully gutted down to the studs, providing a clean slate for your finishing vision. Major updates have already been completed, including new pex plumbing, electrical, roof, subflooring, framing, and several new

    Shane Parker S&P Realty

    Section Image
  • 121 Sturtevant St, Highland Park, MI 48203

    $249,900

    • 8 Beds
    • 4 Baths
    • 5,100 Sq Ft
    • 121 Sturtevant St
    • Highland Park, MI

    Investment Opportunity: 121/123 Sturtevant, Highland Park BATVAI, IDRBNG Located in the heart of Highland Park, this investment property at 121/123 Sturtevant presents a prime opportunity for savvy investors. Comprising 4 units with 2 bedrooms each and 1 full bath each, this property offers both immediate rental income and significant potential for value appreciation. Key Features: Location:

    Anthony James Coldwell Banker Professionals-AA

    Section Image
  • 2688 Montgomery St, Detroit, MI 48206

    $199,900

    • 8 Beds
    • 4 Baths
    • 3,262 Sq Ft
    • 2688 Montgomery St
    • Detroit, MI

    Investment Opportunity – High-Return Multi-Family Property! Seize this incredible opportunity to own an almost fully renovated four-family flat, primed for strong returns. This property has already undergone major upgrades, including a new roof, plumbing, electrical, and HVAC systems, along with some modernized bathrooms.What truly sets this property apart is its unbeatable location—situated less

    Enrico Johnson Prestige Realty Services LLC

    Section Image
  • 7334 Wildemere St, Detroit, MI 48206

    $225,000

    • 8 Beds
    • 4 Baths
    • 3,000 Sq Ft
    • 7334 Wildemere St
    • Detroit, MI

    INCOME PRODUCING QUADPLEX! FOUR- 2bed/1 bath units! Occupy the vacant unit while the other three bring in the income! Original hardwood floors throughout, huge backyard. A fantastic opportunity in a desirable area. The property offers both style and functionality. Let the rental income pay the mortgage with three of the units currently being rented for $750 each! Bringing in a monthly gross of

    Nicole Elliott J Michael Realty LLC

    Section Image
  • 1795 W Grand Blvd, Detroit, MI 48208

    $209,900

    • 6 Beds
    • 4 Baths
    • 4,166 Sq Ft
    • 1795 W Grand Blvd
    • Detroit, MI

    Welcome to this multi-family brick home in Detroit, offering a total of 4,166 SQFT of living space! Each spacious unit features 3 bedrooms, 2 bathrooms, and a bright living room with natural light and a cozy fireplace. The kitchen is generously sized, perfect for entertaining and everyday living. Each unit has private entry. Enjoy the large backyard with plenty of space for outdoor activities,

    Sherri Saad RE/MAX Leading Edge

    Section Image
  • 3610 Canton St, Detroit, MI 48207

    $250,000

    • 8 Beds
    • 4 Baths
    • 3,636 Sq Ft
    • 3610 Canton St
    • Detroit, MI

    Great investment opportunity, the property has structural foundation issues, and is subject to short sale approval. BATVAI

    Miranda Morrow National Realty Centers, Inc

    Section Image
  • 10929 Shoemaker St, Detroit, MI 48213

    $250,000

    • 6 Beds
    • 4.5 Baths
    • 3,328 Sq Ft
    • 10929 Shoemaker St
    • Detroit, MI

    This quadplex offers an incredible investment opportunity with current rental income and value-add potential. Two of the four units are tenant-occupied, providing immediate cash flow. The third 1-bed unit is nearly move in ready while the 3-bed unit requires TLC prior to renting. The highlight of the property is a unique on-site bar / open retail space, perfect for creating a communal or

    Alec Casal New Era Real Estate LLC

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $203,000 None Listed On Document
Warranty Deed $191,000 None Listed On Document
Quit Claim Deed $52,000 Excel Title Agency Llc
Warranty Deed $100,000 Excel Title Agency Llc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Corporate Deed $60,000 Title Source Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $152,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $232,650 -10.5% $64 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/13/2024 12/13/24 Under Contract -- -- --
09/23/2024 09/23/24 For Sale $260,000 0.0% $71 / Sq Ft
08/23/2024 08/23/24 For Rent $850 0.0% --
06/23/2023 06/23/23 Sold $203,000 -3.3% $55 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $209,900 +9.9% $57 / Sq Ft
05/18/2022 05/18/22 Sold $191,000 -2.1% $52 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $195,000 -- $53 / Sq Ft
Source: Realcomp

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
2024 $2,751 $33,200 $0 $0
2023 $2,319 $27,000 $0 $0
2022 $732 $23,800 $0 $0
2021 $716 $17,200 $0 $0
2020 $715 $15,100 $0 $0
2019 $707 $15,100 $0 $0
2018 $736 $17,900 $0 $0
2017 $96 $21,200 $0 $0
2016 $785 $5,900 $0 $0
2015 $590 $5,900 $0 $0
2013 $736 $7,362 $0 $0
2010 -- $10,548 $1,282 $9,266
Source: Public Records

Source: Realcomp

MLS Number: 20240070329

Realcomp

APN: 22-0205512