$599,999

Estimated payment $3,648/month

Total Views 27,239
-- Bed
4 Baths
7,128 Sq Ft
$84 Price per Sq Ft

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

  • 7,128 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number W21I001415S

Community Details

Overview

  • 4 Units
  • Abbott & Beymers Cloverdale Subdivision

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

4,356 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1926
  • State Equalized Value: 115100.00
  • Pets Allowed: Call
  • Property Sub Type: MultiFamily
  • Co List Office Mls Id: 430988
  • Above Grade Finished Sq Ft: 7128.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 4

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, BrickMortar
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Sideof Street: N
  • Disclosures: ActualIncome, TaxesNotHomesteadExempt

Garage/Parking

  • Garage: No

Utilities

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

Fee Information

  • Operating Expense: 9251.00

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Dimensions: 66.35X65.6
  • Parcel Number: W21I001415S
  • Land Lease Expiration Date: 2026-08-01
  • Zoning Description: Commercial, Multiple

Rental Info

  • Monthly Rental Income: 3350.00

Tax Info

  • Tax Amount Summer: 2936.00
  • Tax Amount Winter: 1875.00
  • Tax Annual Amount: 4811.00

Multi Family

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

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

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 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

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