Fantastic investment opportunity to own a duplex in Southwest Detroit. This property offers strong cash flow with great tenants already in place, making it an excellent investment for both new and seasoned investors. 2329 Ferris st is included in the sale. 2 new water heaters, Roof is approximate 5 years of age.Separate apartment units! Great long-term tenants (leases in place)! Buyer must honor all existing leases! Steady income & cash flow potential! Located in a rapidly developing area of Detroit. Situated near the exciting new Gordie Howe International Bridge project, this area is experiencing strong growth and revitalization. The property is also close to local shops, restaurants, parks, and major freeways, providing easy access to Downtown Detroit and Windsor, Canada. Showings by Appointment Only. Please do not disturb tenants. AS-IS SALE! Motivated seller. All information is estimated and not guaranteed; buyers should verify independently. Call today to schedule your private showing!
EXP Realty MainLicense #6501445094Listed on: 08/22/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
Year Built
Built in 1912
Lot Details
3,049 Sq Ft Lot
Lot Dimensions are 30x100
Home Design
Bungalow
Poured Concrete
Interior Spaces
4 Full Bathrooms
2,120 Sq Ft Home
2-Story Property
Partially Finished Basement
Utilities
Forced Air Heating System
Heating System Uses Natural Gas
Community Details
2 Units
Harrahs Toledo Ave Sub Of Lt 2 P C 60 E Woodmere Subdivision
Listing and Financial Details
Assessor Parcel Number W20I007680S
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,901
Year Built
Built in 1912
Lot Details
0
Listing Details
Property Type: Multifamily
Architecture Style: Bungalow
Architecture Level: 2 Story
Year Built: 1912
State Equalized Value: 65400.0000
Pets Allowed: No
Special Features: None
Property Sub Type: MultiFamily
Stories: 2
Interior Features
Total Bathrooms: 4.00
Full Bathrooms: 4
Basement: Yes
Basement Type: Partially Finished
Sq Ft Combined: 2720
Sq Ft Lower Floor: 600
Total Sq Ft: 2120
Sq Ft Total Bsmt: 1137
Exterior Features
Foundation Details: Basement
Foundation Materials: Poured
Road Frontage Type: Paved
Utilities
Heating Fuel: Natural Gas
Heating: Forced Air, Wall Furnace
Sewer: Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)
Schools
School District: Detroit
Lot Info
Lot Size Area: 0.07
Lot Dimensions: 30X100
Parcel Number: W20I007680S
Zoning: Residential
Rental Info
Monthly Rental Income: 2250
Tax Info
Tax Amount Summer: 4318.0000
Tax Amount Winter: 583.0000
Total Tax: 4901.0000
Taxable Value: 55674.0000
Multi Family
Gross Scheduled Income: 27000.00
Number Of Units Total: 2
Number of Three Bedroom Units: 1
Number of Two Bedroom Units: 1
Number Of Units Leased: 2
MLS Schools
School District: Detroit
Map
Range of Values:
Collateral Analytics
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
Charming two-family home on a peaceful Detroit street! 5 bedroom and 3 full bath . The lower unit features a spacious living and dining room, 3 bedrooms, a full bath, and a updated kitchen . The upper unit offers a cozy living room, 2 bedrooms, a kitchen, and a full bath. Freshly painted with many updates throughout. Enjoy the finished basement with an additional full bath and a two-car garage. A
Both units are currently tenant-occupied, with tenants paying $1,400 per unit. Investor's Dream in Detroit's Thriving Community! Located in a desirable area south of Davison and west of Linwood, this spacious 2-family brick flat at 2741 Monterey Street is a unique investment opportunity you won't want to miss. Each unit offers generous living space and versatile layouts, perfect for rental income
Updated two unit beauty with three bedroom/one bath in each unit. Located near the Livernois corridor. House hack this one or rent both in an area seeing amazing growth. New windows. Well maintained and updated. Hardwood floors. Half bath in the basement. Storage in the basement. Upper unit at $1000 month to month. Tenant has paid on time for 14 years of tenancy. Rents $1200-1400 in the immediate
Fully Renovated Bagley Duplex – Ideal for House Hacking or Long-Term InvestmentThis rare side-by-side duplex in the heart of Bagley has been fully rehabbed from top to bottom, offering a turnkey opportunity in one of Detroit’s most desirable neighborhoods. Each spacious unit has its own entrance and unique character, perfect for living in one while renting out the other to offset your
***All offers are due: Monday, July 14, 2025 at 12:00pm.***Beautiful three-story multifamily brick home in Detroit full of charm, natural light, and versatile living space. This classic duplex features two units with nearly identical layouts. Both the lower (515) and upper (517) units offer spacious living rooms with cozy fireplaces, flowing effortlessly into traditional dining rooms filled with
Beautifully renovated duplex. Perfect for rental income or live in one unit while renting the other. Large dining and living rooms, lot of light from windows. Fantastic opportunity to own or invest in upcoming Detroit area. Located few miles outside of Downtown.
Attention investors and first-time home buyers! This multifamily features 2 units, two units boasts 2 beds, 1 bath, each one with a living room, dining room, and kitchen. Ideal for house hacking (rent one- live in one) or investors looking to generate a good return of investment (each unit can be rented between $900 and $1,000 - approx market value). Freshly painted, both bathrooms have ceramic
Investment opportunity to live in one unit and lease the other or lease out both! Duplex is located on a quiet residential streetwith many amenities with-in walking distance. This Dupex has three bedrooms in each unit, large living room, dinning room, kitchen & bath, and separate basements. New furnaces in both units, fenced yard, newer windows. Rent is under projected, tenants
Investment opportunity!! Don’t miss the opportunity to own this rare 1920 Solid Brick Duplex beautifully maintained & updated with fresh paint inside and out, showcasing stunning original 1920s woodwork with intricate architectural details. This property offers **spacious living** with large rooms, spacious kitchens, formal dining areas in each unit, abundant storage, and generous closet space,
This home is located at 2333 Ferris St, Detroit, MI 48209 and is currently priced at $199,999, approximately $94 per square foot. This property was built in 1912. 2333 Ferris St is a home located in Wayne County with nearby schools including Harms Elementary School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
