$599,999

Estimated payment $3,520/month

Total Views 15,211
8 Beds
4 Baths
7,128 Sq Ft
$84 Price per Sq Ft

Highlights

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

About This Home

Unlock the potential of this exceptional mixed-use commercial property offering strong cash flow and versatile options for an owner-user or investor. Perfectly situated in a high-visibility location, this property features established storefront tenants—including a dance studio and barbershop—alongside flexible office space and a loft ready for owner occupancy or additional rental income. Upstairs, four spacious 2-bedroom, 1-bath apartments—each with private entrances and separate utilities—provide consistent residential income. An extensive basement offers valuable storage options, enhancing functionality for tenants and owners alike. Currently, all units are separately metered, with the owner covering only water, ensuring low overhead and simple management. With the right offer, additional vacant lots behind the property may be included in the sale. Though currently zoned residential, these lots open the door to exciting possibilities such as private parking, a community garden, or future development. This rare, income-producing property combines stable tenancy with multiple avenues for growth—ideal for investors seeking long-term returns or entrepreneurs ready to occupy and expand. Part of a larger package - contact me for more details. Property previously appraised for $650,000 in 2024. Seller is very motivated and willing to negotiate.

Listing Agent

Brianna Harris

Harris Ventures Real Estate License #6501418589 Listed on: 09/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66.35x65.6

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 7,128 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number W21I001415S

Community Details

Overview

  • 4 Units
  • Abbott & Beymers Cloverdale Subdivision

Amenities

  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,811

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Common Entry Building
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 115100.0000
  • 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, Private
  • Total Sq Ft: 7128

Exterior Features

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

Utilities

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

Fee Information

  • Operating Expense: 9251.00

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 66.35X65.6
  • Parcel Number: W21I001415S
  • Zoning: Commercial, Multiple

Rental Info

  • Monthly Rental Income: 3350

Tax Info

  • Tax Amount Summer: 2936.0000
  • Tax Amount Winter: 1875.0000
  • Total Tax: 4811.0000
  • Taxable Value: 38818.0000

Multi Family

  • Gross Scheduled Income: 40200.00
  • Number Of Units Total: 4

MLS Schools

  • School District: Detroit

Map

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2026 01/01/26 Price Changed $599,999 0.0% $84 / Sq Ft
09/04/2025 09/04/25 For Sale $600,000 -- $84 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $500 Philip F Greco Title Company
Source: Public Records

Source: Realcomp

MLS Number: 20251033385

Realcomp

APN: 21-001415