$489,000

Estimated payment $2,854/month

Total Views 210
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Cass Technical High School Rated 10
  • 3-minute walk to Richard Allen Park (formerly Nardin Park)

About This Home

Solid brick four-unit property offering strong income potential with minimal remaining work needed before occupancy. Ideal for investors seeking a value-add or near-stabilized asset in an appreciating area. Each unit offers functional layouts with updated mechanicals and improvements already completed, allowing a new owner to finish and lease quickly. Projected rents support strong cash flow once stabilized. Adjacent vacant lot included in the sale, providing added value and future flexibility for parking, expansion, or additional development. Conveniently located near major thoroughfares, public transit, and minutes from Downtown Detroit, New Center, Midtown, Henry Ford Hospital, the Lodge Freeway, and I-96. Close to shopping, dining, and neighborhood redevelopment. Perfect for buy-and-hold investors, portfolio builders, or 1031 exchange buyers seeking upside in a high-demand rental market.

Listing Agent

Sherita Moorer

SIM Realty Group, LLC License #6502414240 Listed on: 01/24/2026

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 1923

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x120

Home Design

  • Brick Exterior Construction
  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,740

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1923
  • General Property Info:Basement: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 489000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electricity Connected
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Dimensions: 40x120
  • Lot Size Sq Ft: 4792.0

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3740.0
  • Tax Year: 2025

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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 $1,713 $35,500 $0 $0
2024 $1,691 $29,700 $0 $0
2023 $1,643 $24,100 $0 $0
2022 $1,757 $22,900 $0 $0
2021 $1,707 $16,800 $0 $0
2020 $1,844 $21,600 $0 $0
2019 $1,815 $17,800 $0 $0
2018 $1,236 $16,700 $0 $0
2017 $2,345 $15,200 $0 $0
2016 $2,680 $63,800 $0 $0
2015 $1,190 $11,900 $0 $0
2013 $1,654 $16,544 $0 $0
2010 -- $23,704 $874 $22,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2026 01/24/26 For Sale $489,000 +789.1% --
01/22/2018 01/22/18 Sold $55,000 -0.9% $15 / Sq Ft View Prior Sale
12/29/2017 12/29/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $55,500 -- $15 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $55,000 None Available
Warranty Deed $30,000 Title Connect Llc
Land Contract -- Title Connect Llc
Quit Claim Deed -- Great Lakes Title Of Michiga
Quit Claim Deed $6,000 Madison Title Agency Llc
Quit Claim Deed $2,250 None Available
Sheriffs Deed $61,200 None Available
Warranty Deed $70,000 Commonwealth Land Title
Warranty Deed $20,000 Commonwealth Land Title
Interfamily Deed Transfer -- Commonwealth Land Title
Source: Public Records

Source: MichRIC

MLS Number: 26002888

MichRIC

APN: 16-005231