$350,000
PENDING

Estimated payment $2,174/month

Total Views 2,528
4 Beds
4 Baths
2,716 Sq Ft
$129 Price per Sq Ft

About This Home

8451 Navy Street is a fully renovated multifamily property located in the heart of Southwest Detroit. Originally built in 1926 and renovated in 2020, the building is made up of four units, each one including one bedroom plus den, one bathroom, and approximately 500 square feet. The units have been updated with all new mechanical, electrical, and plumbing, combining modern kitchens & bathrooms with the durability of new systems and a solid masonry structure. Electric and gas are separately metered and paid by the tenants, while water is paid by the landlord. A shared laundry facility is available onsite in the basement. Final tours will be held on Tuesday, July 22nd at Noon. All offers are due by Monday, July 28th.

Listing Agent

Vincent Mazzola

O'Connor Realty Detroit, LLC License #6501387170 Listed on: 07/08/2025

Co-Listing Agent

Sloane Walsh

O'Connor Realty Detroit, LLC License #6501404147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926 | Remodeled in 2020

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 32x100

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,716 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 20006102

Community Details

Overview

  • 4 Units
  • Cahalans Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,189

Year Built

Built in 1926 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Quadruplex
  • Architecture Level: 2 Story
  • Year Built: 1926
  • State Equalized Value: 74700.0000
  • Year Renovated: 2020
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 4074
  • Sq Ft Lower Floor: 1358
  • Total Sq Ft: 2716
  • Sq Ft Total Bsmt: 1358

Exterior Features

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

Utilities

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

Fee Information

  • Operating Expense: 11803.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.07
  • Lot Dimensions: 32X100
  • Parcel Number: 20006102
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 3881

Tax Info

  • Tax Amount Summer: 2821.0000
  • Tax Amount Winter: 368.0000
  • Total Tax: 3189.0000
  • Taxable Value: 34123.0000

Multi Family

  • Gross Scheduled Income: 46568.00
  • Number Of Units Total: 4
  • Number of One Bedroom Units: 4
  • Number Of Units Leased: 4

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

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 $2,821 $90,100 $0 $0
2024 $2,821 $74,700 $0 $0
2023 $2,742 $58,200 $0 $0
2022 $2,946 $52,800 $0 $0
2021 $2,856 $43,100 $0 $0
2020 $2,855 $38,100 $0 $0
2019 $2,806 $29,000 $0 $0
2018 $1,556 $22,400 $0 $0
2017 $294 $22,000 $0 $0
2016 $1,704 $24,000 $0 $0
2015 $1,529 $24,000 $0 $0
2013 $1,482 $26,550 $0 $0
2010 -- $38,041 $814 $37,227
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $350,000 -- $129 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $60,105 None Available
Sheriffs Deed $13,539 None Available
Deed $49,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 Future Advance Clause Open End Mortgage
Closed $200,000 Amount Keyed Is An Aggregate Amount
Previous Owner $102,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Realcomp

MLS Number: 20251015364

Realcomp

APN: 20-006102