Karen Walls
REMAX City Centre
(734) 838-4354
116 Total Sales
1 in Morningside
$194,900 Price
3920 Devonshire Rd Detroit, MI 48224
Morningside Neighborhood
--
Beds
2
Baths
2,392
Sq Ft
4,792
Sq Ft Lot
About This Home
As of August 2026Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Last Agent to Sell the Property
Apex Realty Centers License #6501426070 Listed on: 05/07/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1941
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 40x114
Home Design
- 2,392 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
- Wood Siding
Bedrooms and Bathrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number W21I070447S
Community Details
Overview
- 2 Units
- East Detroit Dev Cos Sub 2 Subdivision
Pet Policy
- Pets Allowed
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2022
Closed on
Jul 24, 2022
Sold by
Emerald Property Group Llc
Bought by
Seller's Agent
Brent Maxwell
Propfoxx
Buyer's Agent
Sotero Lopez II
EXP Realty LLC
List Price
$99,500
Sold Price
$99,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%
Original Mortgage
$70,875
Outstanding Balance
$66,820
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$107,131
Purchase Details
Closed on
Jul 1, 2015
Sold by
Fannie Mae
Bought by
Emerald Property Group Llc
Purchase Details
Closed on
Apr 16, 2015
Sold by
Vasser Tabitha and Vasser Shaun
Bought by
Federal National Mortgage Association
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Morningside, MI
-
Karen Walls
-
Elizabeth Tintinalli
Elizabeth Tintinalli
@properties Christie's Int'l R.E. Detroit
(313) 992-7695
193 Total Sales
1 in Morningside
$95,000 Price
-
Michael Lawrence
Michael Lawrence
First Harvest Real Estate Co
(313) 751-3847
93 Total Sales
1 in Morningside
$52,500 Price
-
Jeff Papsdorf
Jeff Papsdorf
Responds QuicklyMichigan Homes Group Inc
(947) 900-8781
141 Total Sales
1 in Morningside
$144,000 Price
-
Ryan Maceri
Ryan Maceri
KW Platinum
(947) 900-8880
250 Total Sales
2 in Morningside
$125,000 Price Range
-
Chris Gebrael
Chris Gebrael
Gebrael Management
(810) 766-6376
209 Total Sales
2 in Morningside
$25K - $63K Price Range
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 | $94,500 | None Listed On Document | |
| Quit Claim Deed | $10,600 | Attorney | |
| Sheriffs Deed | $15,167 | None Available |
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 |
|---|---|---|---|
| Open | $70,875 | New Conventional | |
| Previous Owner | $10,000 | New Conventional |
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 |
|---|---|---|---|---|---|
| 08/07/2026 08/07/26 | Sold | $121,000 | -39.5% | $51 / Sq Ft | |
| 05/07/2026 05/07/26 | For Sale | $200,000 | +101.0% | $84 / Sq Ft | |
| 07/14/2022 07/14/22 | Sold | $99,500 | 0.0% | $42 / Sq Ft | View Prior Sale |
| 06/24/2022 06/24/22 | Pending | -- | -- | -- | |
| 05/23/2022 05/23/22 | For Sale | $99,500 | -- | $42 / Sq Ft |
Source: Realcomp
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 | $4,076 | $71,100 | $0 | $0 |
| 2024 | $3,686 | $59,200 | $0 | $0 |
| 2023 | $3,588 | $46,600 | $0 | $0 |
| 2022 | $1,647 | $35,400 | $0 | $0 |
| 2021 | $1,264 | $28,600 | $0 | $0 |
| 2020 | $1,603 | $25,700 | $0 | $0 |
| 2019 | $1,580 | $21,500 | $0 | $0 |
| 2018 | $1,393 | $17,900 | $0 | $0 |
| 2017 | $11 | $600 | $0 | $0 |
| 2016 | $455 | $1,300 | $0 | $0 |
| 2015 | $129 | $1,300 | $0 | $0 |
| 2013 | $127 | $1,268 | $0 | $0 |
| 2010 | -- | $1,268 | $1,268 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Samar P Taha
Seller's Agent in 2026
Samar P Taha
Apex Realty Centers
(313) 888-7653
1 in this area
38 Total Sales
-
Nicholas Zeoli
Buyer's Agent in 2026
Nicholas Zeoli
Real Broker, LLC
(248) 860-3268
2 in this area
230 Total Sales
-
BM
Seller's Agent in 2022
Brent Maxwell
Propfoxx
-
Sotero Lopez II
Buyer's Agent in 2022
Sotero Lopez II
EXP Realty LLC
(248) 558-2600
2 in this area
162 Total Sales
Map
Source: Realcomp
MLS Number: 20261032525
APN: 21-070373
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 2026 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
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