$150,000
$50K PRICE DROP

Estimated payment $1,063/month

Total Views 4,765
-- Bed
2 Baths
2,800 Sq Ft
$54 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • Fenced

About This Home

Prime multifamily investment opportunity located in Detroit’s historic and rapidly stabilizing Dexter Linwood neighborhood, an area rich in cultural history, architectural character, and now experiencing a meaningful wave of reinvestment. This classic brick multifamily property offers spacious units, strong rental demand, and significant upside as surrounding development continues to gain momentum. Known for its early 20th century duplexes and apartment buildings, Dexter Linwood has long been a hub of Detroit’s residential density and community life. Today, that legacy housing stock is being revitalized through both public initiatives and private investment, making it an increasingly attractive target for investors seeking value and appreciation. A transformative investment is bringing new retail pop-ups, facade improvements, public art, and a redesigned streetscape to nearby Dexter Avenue, enhancing walkability and economic activity. Property is 1 of 11 in a portfolio being sold all within the Downtown Area. Buy 1 or as many as you would like. MLS#s for the other 10 properties: 20261015005, 20261015035, 20261015052, 20261015057, 20261015576, 20261015577, 20261015578, 20261015583, 20261015586, 20261015683

Listing Agent

Michael Gerisch

KW Professionals License #6501414774 Listed on: 03/17/2026

KW Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x121.56
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,800 Sq Ft Home
  • Ceiling Fan
  • Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W12I004071S

Community Details

Overview

  • 2 Units
  • Oakmans Robt Cherry Lane Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,883

Year Built

Built in 1926

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1926
  • State Equalized Value: 44600.00
  • Pets Allowed: Yes
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.10
  • Co List Office Mls Id: 324866
  • Above Grade Finished Sq Ft: 2800.00
  • Living Area: 2800.00
  • ClassName: ResidentialIncome
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Foundation Details: Basement, Block
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Fencing: Fenced
  • Disclosures: ProjectedIncome, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: No

Utilities

  • Cooling: CeilingFans, WindowUnits
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public

Schools

  • Junior High Dist: Detroit

Lot Info

  • Lot Dimensions: 35X121.56
  • Parcel Number: W12I004071S
  • Zoning Description: Residential

Rental Info

  • Monthly Rental Income: 2375.00

Tax Info

  • Tax Amount Summer: 2883.00
  • Tax Annual Amount: 2883.00

Multi Family

  • Gross Scheduled Income: 28500.00
  • Number Of Units Total: 2
  • 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

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 $2,883 $44,600 $0 $0
2024 $2,637 $37,900 $0 $0
2023 $2,412 $30,300 $0 $0
2022 $1,764 $24,800 $0 $0
2021 $1,525 $20,100 $0 $0
2020 $1,518 $18,600 $0 $0
2019 $1,496 $17,600 $0 $0
2018 $1,305 $16,500 $0 $0
2017 $264 $16,900 $0 $0
2016 $1,442 $39,400 $0 $0
2015 $1,450 $14,500 $0 $0
2013 $1,471 $20,157 $0 $0
2010 -- $28,882 $992 $27,890
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
07/30/2026 07/30/26 Price Changed $150,000 -14.3% $54 / Sq Ft
05/21/2026 05/21/26 Price Changed $175,000 -12.5% $63 / Sq Ft
03/17/2026 03/17/26 For Sale $200,000 -- $71 / 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 $190,000 None Listed On Document
Warranty Deed $38,500 Red Carpet Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed $5,000 None Listed On Document
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 $142,500 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20261015574

Realcomp

APN: 12-004071

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