3920 Devonshire Rd Detroit, MI 48224
Morningside NeighborhoodEstimated payment $1,182/month
About This Home
Turnkey 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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
|---|---|---|---|---|---|
| 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 |
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 |
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: Realcomp
MLS Number: 20261032525
APN: 21-070373
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.