$185,000
$12K PRICE DROP

Estimated payment $1,204/month

Total Views 458
-- Bed
2 Baths
1,192 Sq Ft
$155 Price per Sq Ft

About This Home

Excellent investment opportunity! This package includes one building with two units with long-term tenants and consistent rental income. Current rents provide an opportunity for future increases, allowing for additional upside. Both units feature newer dimensional roofs, full basements, private fenced backyards, and their own detached garages. Conveniently located near Kelly Road and 8 Mile, this is a solid addition to any investment portfolio with immediate cash flow and long-term potential. All units are tenant occupied. An accepted offer is required prior to viewing the interiors. Please do not visit or approach the properties without a confirmed appointment. Do not disturb the tenants.

Listing Agent

Michael Hines

MVPS Realtors License #6501366520 Listed on: 07/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1944

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x125

Home Design

  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Community Details

  • 2 Units
  • Chatham Village Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 42001040030000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,260

Year Built

Built in 1944

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1944
  • State Equalized Value: 45400.00
  • Pets Allowed: No
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.12
  • Co List Office Mls Id: 297920
  • Above Grade Finished Sq Ft: 792.00
  • Living Area: 1192.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 400.00

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Disclosures: ActualIncome, TaxesNotHomesteadExempt

Garage/Parking

  • Garage: No

Utilities

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

Schools

  • Junior High Dist: HarperWoods

Lot Info

  • Lot Dimensions: 40X125
  • Parcel Number: 42001040030000
  • Land Lease Expiration Date: 2027-07-07
  • Zoning Description: Residential

Rental Info

  • Monthly Rental Income: 2075.00

Tax Info

  • Tax Amount Summer: 1206.00
  • Tax Amount Winter: 1054.00
  • Tax Annual Amount: 2260.00

Multi Family

  • Gross Scheduled Income: 24900.00
  • Number Of Units Total: 2
  • Above Grade Finished Area Units: SquareFeet

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $1,206 $45,400 $0 $0
2024 $1,160 $42,800 $0 $0
2023 $1,110 $33,200 $0 $0
2022 $2,012 $28,100 $0 $0
2021 $2,064 $28,400 $0 $0
2019 $1,989 $20,500 $0 $0
2018 $897 $20,200 $0 $0
2017 $1,897 $20,200 $0 $0
2016 $1,873 $18,800 $0 $0
2015 $1,650 $16,500 $0 $0
2013 $1,620 $16,200 $0 $0
2012 $431 $18,700 $5,800 $12,900
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 Prior Sale
07/22/2026 07/22/26 Price Changed $185,000 -5.9% $155 / Sq Ft
07/08/2026 07/08/26 For Sale $196,600 +1609.6% $165 / Sq Ft
09/28/2012 09/28/12 Sold $11,500 -60.3% $12 / Sq Ft View Prior Sale
09/28/2012 09/28/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $29,000 -- $31 / 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
Warranty Deed $11,500 None Available
Deed $50,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $64,960 FHA
Source: Public Records

Source: Realcomp

MLS Number: 20261052174

Realcomp

APN: 42-001-04-0030-000

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