Estimated payment $2,528/month
Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with nine long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.
Listing Agent
@properties Christie's Int'l R.E. Birmingham License #6501383141 Listed on: 07/02/2025
| 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 | $3,756 | $99,500 | $0 | $0 |
| 2024 | $3,756 | $96,000 | $0 | $0 |
| 2023 | $3,658 | $95,800 | $0 | $0 |
| 2022 | $3,948 | $93,900 | $0 | $0 |
| 2021 | $3,671 | $66,400 | $0 | $0 |
| 2020 | $3,819 | $64,500 | $0 | $0 |
| 2019 | $3,750 | $62,100 | $0 | $0 |
| 2018 | $3,201 | $42,500 | $0 | $0 |
| 2017 | $748 | $39,700 | $0 | $0 |
| 2016 | $3,579 | $5,600 | $0 | $0 |
| 2015 | $3,910 | $39,100 | $0 | $0 |
| 2013 | $3,906 | $39,060 | $0 | $0 |
| 2010 | -- | $42,066 | $6,859 | $35,207 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | For Sale | $400,000 | -- | $139 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
$449,000
2 SHORT-TERM RENTAL UNITS,1 COMMERCIAL RETAIL,1 OFFICE LOFTOpportunity knocks:3-unit turnkey investment property.Detroit Superhost ManagementTwo, 4 Bed 1.5 Bath STR unitsOne Retail unitOne Office LoftAlley access to fenced-in yard.Located on the edge of Eastern Markets expansion zone.Ask for complete details: 2022-24 Operating Expenses and NOI
Bonnie Juras National Realty Centers, Inc
$385,000
Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don’t miss this incredible investment opportunity! This newly renovated quadplex boasts four spacious units, each featuring 4 bedrooms, 1 bathroom and a stackable washer and dryer—a rare amenity in Metro Detroit multifamily housing. With nearly 6,000 sq. ft. of living space, this property is designed for strong rental demand and
Lamar Turner House Of May
Source: Realcomp
MLS Number: 20251013684
APN: 15-008064
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393