$120,000
$90K PRICE DROP

Estimated payment $751/month

Total Views 6,367
2 Beds
2 Baths
1,926 Sq Ft
$62 Price per Sq Ft

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Dogs and Cats Allowed
  • Cass Technical High School Rated 10

About This Home

Welcome to 4535 Cadieux, an outstanding investment opportunity in the heart of Detroit’s 48224 ZIP code. This property features two separate units, each generating monthly rental income for a total of $2,000 per month SECTION 8. Each unit includes one dedicated parking spot, providing added convenience for tenants. There are no association fees, and the owner does not pay for water or gas—tenants are responsible for managing their own electrical utility bills. This arrangement makes the property a truly hassle-free investment with excellent income potential. The neighborhood offers convenient access to local amenities, sitting just 0.3 miles from the Cadieux Café and less than a mile from Balduck Park’s green spaces. Families will appreciate the proximity to Carleton Elementary School and East English Village Preparatory Academy, and grocery shopping couldn’t be easier with Aldi just 0.6 miles away. Quick access to I-94 ensures easy commutes and connections throughout Detroit. Nestled on a welcoming, tree-lined street, this property provides both a peaceful atmosphere and the benefits of urban living. Enjoy the vibrant community known for its friendly neighbors and strong sense of security—an attractive feature for potential tenants and owners alike. If you are seeking a well-located multifamily property with proven income and low expenses, 4535 Cadieux is an exceptional choice. Discover how this property can work for you.

Listing Agent

Rashad Elabed

JNA Real Estate License #6501406301 Listed on: 08/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 320x122

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,926 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 21075324005L21075325004

Community Details

Overview

  • 2 Units
  • Wayne County Condo Plan No 55 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 1 Story
  • Year Built: 1972
  • State Equalized Value: 75000.0000
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Total Sq Ft: 1926

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 4000.00

Lot Info

  • Lot Dimensions: 320x122
  • Parcel Number: 21075324005L21075325004
  • Zoning: Multi-Family, Multiple, Residential

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water
  • Monthly Rental Income: 2000

Tax Info

  • Tax Amount Summer: 3500.0000
  • Tax Amount Winter: 450.0000
  • Total Tax: 3950.0000
  • Taxable Value: 51000.0000

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2025 12/08/25 Price Changed $120,000 -36.8% $62 / Sq Ft
10/09/2025 10/09/25 Price Changed $189,900 -9.5% $99 / Sq Ft
09/08/2025 09/08/25 Price Changed $209,900 0.0% $109 / Sq Ft
08/25/2025 08/25/25 For Sale $210,000 -- $109 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20251030594

Realcomp