Estimated payment $1,143/month
Investment Opportunity – High-Return Multi-Family Property! Seize this incredible opportunity to own an almost fully renovated four-family flat, primed for strong returns. This property has already undergone major upgrades, including a new roof, plumbing, electrical, and HVAC systems, along with some modernized bathrooms.
What truly sets this property apart is its unbeatable location—situated less than half a block from the sought-after LaSalle Garden neighborhood, Blocks away from Henry Ford Hospital, and so much more new development. This area is sure to be the next upcoming area.
With an estimated value of $350,000+ and a projected rental income exceeding $5,000 per month, this is a golden opportunity for savvy investors looking to maximize returns.
| 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 |
|---|---|---|---|---|
| 2024 | $694 | $5,900 | $0 | $0 |
| 2023 | $432 | $4,800 | $0 | $0 |
| 2022 | $448 | $2,900 | $0 | $0 |
| 2021 | $441 | $2,300 | $0 | $0 |
| 2020 | $479 | $2,700 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $1,146 | $0 | $0 | $0 |
| 2016 | $340 | $0 | $0 | $0 |
| 2015 | $1,146 | $0 | $0 | $0 |
| 2013 | $1,146 | $11,463 | $0 | $0 |
| 2010 | -- | $16,424 | $755 | $15,669 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $199,900 | +53.8% | $61 / Sq Ft |
| 11/01/2023 11/01/23 | Sold | $130,000 | +4.0% | $40 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 09/24/2023 09/24/23 | For Sale | $125,000 | -- | $38 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $135,000 | None Listed On Document | |
| Sheriffs Deed | $135,000 | None Listed On Document | |
| Warranty Deed | $130,000 | Speedy Title & Escrow Services | |
| Quit Claim Deed | $2,100 | Amrock Inc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $82,700 | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $201,400 | Credit Line Revolving | |
| Previous Owner | $80,250 | Unknown |
$250,000
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
Sotero Lopez II EXP Realty Main
$185,000
Opportunity awaits in this fully renovated two family flat one block from the beautiful Zussman park and playground. Through the Strategic Neighborhood Fund, the City of Detroit is infusing the area with millions of dollars to improve the community along Dexter. This includes expanding the sidewalks, investing in commercial properties, parks, and more. The Livernois Fashion District is a
Justin Bercheny Max Broock, REALTORS-Royal Oak
$150,000
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
Nancy Rademacher KW Professionals Brighton
$150,000
Two unit residential property located in Virginia Park Historic District.There are 2 three bedroom, 1 bath flats that can be made into rentals, or this can be suitable for a large family. Home is in need renovation, Windows, brickwork, roof, kitchen, baths, etc. 2 car detached garage. Being sold "as is"Near LaSalle Gardens, Boston-Edison, New Center, Lodge Freeway access, 10 minute drive to
Barry Canner RE/MAX Classic
$199,000
Location, Location, Location! Perfect opportunity for college rental or fix & flip. This charming 2-unit multi-family home is full of potential in a high-demand area. Don’t wait — this one won’t last!. Don’t miss this opportunity — it won’t last!All measurements are approximate agents to verify.
Nick Jaafar Keller Williams Legacy
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Corner lot parcel with 2 Buildings including 5615 McKinley. The buildings may be able to be sold separately, but a parcel split will need to be approved with the City. Both are 4 unit buildings with 2 beds, 1 bath in each unit. The Owner lives in one of the units at 3804 Hudson. Properties do need work and Seller is motivated to sell but not desperate. BTVAI
Jeff Glover KW Professionals
$235,000
Investor Alert! Located just blocks from the Dexter Streetscape Project, this neighborhood is buzzing with redevelopment, new infrastructure, and long-term upside. Live in one unit and rent the other, or add this cash-flowing duplex to your portfolio. This well-maintained multi-family is an ideal setup for house hackers or savvy investors. The lower unit is leased month-to-month through October
LaKeita Mitchell EXP Realty Main
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Timeless Two-Family Treasure | Steps from Boston-Edison, 1536 Glynn Ct. Offered for the first time in generations, this beautifully preserved Colonial Revival two-family flat is located just one block from the renowned Boston-Edison Historic District, within the same tight-knit community celebrated for its architectural heritage and strong neighborhood identity. Each residence spans
Jason Hill Historic Realty Detroit
$195,000
Duplex in Revitalized Detroit Neighborhood – Ideal Investment Don’t miss this solid two-unit brick duplex, each unit offering 3 spacious bedrooms, 1.5 bathrooms, and thoughtful updates throughout. Located in a revitalized area of Detroit, this property is perfect for both investors and owner-occupants looking to offset their mortgage by renting out one unit.Property
Fitzgerald Kelly Jones Realty LLC
Source: Realcomp
MLS Number: 20251001647
APN: 10-001501
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393