NOT LISTED FOR SALE

4059 Tyler St Detroit, MI 48238

Russell Woods Neighborhood

Estimated Value: $159,000 - $201,757

5 Beds
3 Baths
2,668 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $140,000 $52 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,100/month

13 Days on Market

Highlights

  • Hot Water Heating System
  • 2 Car Garage
  • 4-minute walk to Zussman Park
  • Cass Technical High School Rated 10

About This Home

As of May 2023

Nestled right in the middle of Russell Woods, this triplex has great long term growth potential and is ready for a new owner to lease up and easily see cash flow of over 2000 per month. This triplex features a large 3 bedroom lower unit and two 1 bed units upstairs. Heated via a boiler system and has separate electric for each unit. Property sold as is. BATVAI.

Last Agent to Sell the Property

Tim Moore

Zest Realty LLC License #6502431777 Listed on: 03/30/2023

Last Buyer's Agent

Olga Mackenzie

Brookstone, Realtors LLC License #6501364138

Brookstone, Realtors LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 35.00 x 116.00

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,668 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Community Details

  • 3 Units
  • Sullivans Dexter Blvd No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number W14I005254S

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,628

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Triplex
  • Architecture Level: 3 Story
  • Assessment: 240.00
  • Year Built: 1930
  • State Equalized Value: 49700.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Unfinished, Common
  • Total Sq Ft: 2668

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Lot Info

  • Lot Size Area: 0.09
  • Lot Dimensions: 35.00 x 116.00
  • Parcel Number: W14I005254S
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 1800

Tax Info

  • Tax Amount Summer: 2371.0000
  • Tax Amount Winter: 257.0000
  • Total Tax: 2628.0000
  • Taxable Value: 27323.0000

Multi Family

  • Gross Scheduled Income: 21600.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Goins Rodney
Bought by
Novelty Rentals Llc
Current Estimated Value
$176,439

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 31, 2023
Sold by
Detroit Investment 17 Inc
Bought by
Goins Rodney Pierre
Seller's Agent
Tim Moore
Zest Realty LLC
Buyer's Agent
Olga Mackenzie
Brookstone, Realtors LLC
List Price
$140,000
Sold Price
$140,000
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Mayland Realty Llc
Bought by
Detroit Investment 17 Inc

Purchase Details

Listed on
Feb 6, 2017
Closed on
Mar 3, 2017
Sold by
Vc Invest Llc
Bought by
Mayland And Realty Llc
Seller's Agent
Derrick Garland
EXP Realty Main
Buyer's Agent
Derrick Garland
Downtown Realty
List Price
$27,000
Sold Price
$27,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%

Purchase Details

Closed on
Feb 11, 2014
Sold by
Mj Income Property Llc
Bought by
Vc Invest Llc

Purchase Details

Closed on
Aug 22, 2013
Sold by
Mason Mavis B and Mason Benjamin F
Bought by
Mj Income Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Novelty Rentals Llc -- None Listed On Document
Goins Rodney Pierre $140,000 First Premier Title
Detroit Investment 17 Inc $53,500 Embassy Title Agency
Mayland And Realty Llc $27,000 Red Carpet Title Agency Llc
Vc Invest Llc $88,500 Embassy Title Agency
Mj Income Properties Llc $20,000 Bell Title Agency Plymouth
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $140,000 0.0% $52 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $140,000 +418.5% $52 / Sq Ft
04/17/2017 04/17/17 Sold $27,000 0.0% $10 / Sq Ft View Prior Sale
02/12/2017 02/12/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $27,000 -- $10 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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 $5,847 $75,200 $0 $0
2024 $5,847 $74,300 $0 $0
2023 $2,449 $60,500 $0 $0
2022 $2,628 $49,700 $0 $0
2021 $2,549 $36,500 $0 $0
2020 $2,548 $33,900 $0 $0
2019 $2,505 $25,700 $0 $0
2018 $2,265 $25,000 $0 $0
2017 $346 $24,600 $0 $0
2016 $1,950 $49,500 $0 $0
2015 $1,910 $19,100 $0 $0
2013 $1,357 $26,540 $0 $0
2010 -- $38,027 $1,032 $36,995
Source: Public Records

Agents Affiliated with this Home

  • Tim Moore

    Seller's Agent in 2023

    Tim Moore

    Zest Realty LLC

    (248) 270-8238

    1 in this area

    108 Total Sales

    Tim Moore
    Section Image
  • Olga Mackenzie

    Buyer's Agent in 2023

    Olga Mackenzie

    Brookstone, Realtors LLC

    (248) 649-3800

    4 in this area

    46 Total Sales

    Olga Mackenzie
    Section Image

  • D

    Seller's Agent in 2017

    Derrick Garland

    EXP Realty Main

    (888) 501-7085

    32 Total Sales

    Derrick Garland
    Section Image
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Map

Source: Realcomp

MLS Number: 20230021825

Realcomp

APN: 14-005254

Michigan Wayne County Detroit 48238 Russell Woods

4059 Tyler St, Detroit, MI

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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