$240,000

Estimated payment $1,428/month

Total Views 1,628
8 Beds
4 Baths
2,898 Sq Ft
$83 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

Investor special! Solid brick 4-unit Colonial at 14422 Maddelein in Detroit. Three units are currently rented with reliable tenants; the fourth unit has been recently renovated and is rent-ready. Each unit offers spacious layouts, classic charm, and updated features. Property has been well maintained with potential for increased cash flow. Conveniently located near shopping, freeways, and public transportation. A great opportunity to add a strong-performing multi-family to your portfolio—collect rent from day one with room to grow! 2500 a month with upside. Add the 4th tenant to boost the monthly income to 3200++

Listing Agent

David Rabior

Clyde Realty LLC License #6501406276 Listed on: 11/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x115

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,898 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number W21I021453S

Community Details

Overview

  • 4 Units
  • Gratiot Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,989

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1930
  • State Equalized Value: 48400.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Total Sq Ft: 2898

Exterior Features

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Community

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X115
  • Parcel Number: W21I021453S
  • Zoning: Residential

Rental Info

  • Monthly Rental Income: 2500

Tax Info

  • Tax Amount Summer: 1808.0000
  • Tax Amount Winter: 181.0400
  • Total Tax: 1989.0400
  • Taxable Value: 21015.0000

Multi Family

  • Gross Scheduled Income: 30000.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 $1,786 $48,400 $0 $0
2024 $1,786 $34,200 $0 $0
2023 $1,735 $28,600 $0 $0
2022 $1,856 $23,900 $0 $0
2021 $1,803 $17,900 $0 $0
2020 $2,359 $25,300 $0 $0
2019 $2,320 $23,500 $0 $0
2018 $800 $19,500 $0 $0
2017 $111 $19,800 $0 $0
2016 $856 $6,800 $0 $0
2015 $680 $6,800 $0 $0
2013 $944 $9,437 $0 $0
2010 -- $13,836 $1,007 $12,829
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 For Sale $240,000 0.0% $83 / Sq Ft
01/06/2021 01/06/21 Rented $750 0.0% --
12/31/2020 12/31/20 Under Contract -- -- --
12/04/2020 12/04/20 For Rent $750 0.0% --
12/03/2020 12/03/20 Under Contract -- -- --
11/28/2020 11/28/20 For Rent $750 0.0% --
07/22/2019 07/22/19 Sold $50,000 -3.8% $17 / Sq Ft View Prior Sale
06/28/2019 06/28/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $52,000 0.0% $18 / Sq Ft
08/12/2018 08/12/18 Rented $400 -11.1% --
07/13/2018 07/13/18 For Rent $450 +12.5% --
03/12/2017 03/12/17 Rented $400 0.0% --
12/06/2016 12/06/16 For Rent $400 0.0% --
07/18/2016 07/18/16 Rented $400 0.0% --
06/15/2016 06/15/16 For Rent $400 0.0% --
02/09/2015 02/09/15 Sold $88,000 -8.3% $30 / Sq Ft View Prior Sale
01/09/2015 01/09/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $96,000 -- $33 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $88,000 Title Connect Llc
Quit Claim Deed $500 None Available
Quit Claim Deed $500 None Available
Warranty Deed $8,000 Wolverine Title & Escrow Age
Quit Claim Deed $7,600 None Available
Source: Public Records

Source: Realcomp

MLS Number: 20251053876

Realcomp

APN: 21-021453