$340,000

Estimated payment $2,132/month

7 Beds
2.5 Baths
2,431 Sq Ft
$140 Price per Sq Ft

Highlights

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

About This Home

Attention Investors! This exceptional 3-unit income-producing property is the perfect addition to any portfolio. The upper level, currently vacant and ready to rent, offers 3 spacious bedrooms, 1 bathroom, a bright kitchen and living room, and a private balcony. The main level unit features 3 bedrooms, 1 bathroom, a generous living room, and a functional kitchen, and is currently rented. The basement unit is also rented and includes 1 bedroom, 1 bathroom, and comfortable living space. The basement provides private storage for each unit as well as a large shared laundry room, adding convenience and value for tenants. This property delivers steady rental income with strong potential—schedule your showing today!

Listing Agent

Shawna Ramsay

RE/MAX Leading Edge License #6501438047 Listed on: 11/19/2025

RE/MAX Leading Edge

Co-Listing Agent

Stacy Ramsay

RE/MAX Leading Edge License #6501303955

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,431 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Outdoor Features

  • Terrace

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W02I005172S

Community Details

Overview

  • 3 Units
  • Woodward Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial, Traditional
  • Architecture Level: 2 Story
  • Year Built: 1934
  • State Equalized Value: 239900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 2431

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X120
  • Parcel Number: W02I005172S
  • Zone Conform: Yes
  • Zoning: Multi-Family, Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 3500

Tax Info

  • Tax Amount Summer: 15737.0000
  • Tax Amount Winter: 375.0000
  • Total Tax: 16112.0000
  • Taxable Value: 239900.0000

Multi Family

  • Gross Scheduled Income: 42000.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Collateral Analytics

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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 $15,995 $239,900 $0 $0
2024 $15,995 $211,000 $0 $0
2023 $3,443 $168,400 $0 $0
2022 $3,696 $147,100 $0 $0
2021 $3,585 $119,000 $0 $0
2020 $3,584 $97,800 $0 $0
2019 $3,096 $75,000 $0 $0
2018 $2,625 $59,400 $0 $0
2017 $653 $54,500 $0 $0
2016 $2,964 $59,000 $0 $0
2015 $3,590 $35,900 $0 $0
2013 $3,781 $37,807 $0 $0
2010 -- $52,475 $1,649 $50,826
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $340,000 -- $140 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $159,900 Construction
Source: Public Records

Source: Realcomp

MLS Number: 20251055326

Realcomp

APN: 02-005172