Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms - a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation. This well-maintained brick building offers major value, including: � Four (4) 3-bedroom units � Separate gas and electric meters - tenants pay their own utilities � Four (4) NEW furnaces - one for each unit, reducing future maintenance costs � Large living and dining rooms in each unit � Spacious kitchens with great layout potential � Shared basement with ample storage � Classic Detroit architectural character With high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio. Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth. Don't miss out - schedule a tour today and discover the full potential of 2928 Richton Street!
Located in a quiet, walkable neighborhood close to parks, schools, churches, and local amenities. Easy access to downtown and public transportation. New Electric work done -Two complete units (each with its own kitchen, bathroom, living room, dining room, and bedrooms) -New Windows - New stairs, New balcony - Brand new plywood, roof, and gutters - New sidewalk - New plumbing, new water tank - New insulation and drywall.
Check out this yellow brick multifamily in the booming 48204 zip code where home values are climbing fast! Each unit offers two bedrooms and one bathroom with nearly nineteen hundred square feet combined, giving you the perfect canvas for a full renovation! Keep it as a rental producing two unit or rework it into a spacious four bedroom two bathroom single family! Strong rental demand and major upside make this a great pick for families or investors! Schedule your showing today!
Courtesy: KW Professionals
Jeff Glover
Located in a quiet, walkable neighborhood close to parks, schools, churches, and local amenities. Easy access to downtown and public transportation. New Electric work done -Two complete units (each with its own kitchen, bathroom, living room, dining room, and bedrooms) -New Windows - New stairs, New balcony - Brand new plywood, roof, and gutters - New sidewalk - New plumbing, new water tank - New insulation and drywall.
GOOD SIZED BUNGALOW STYLE MULTI-FAMILY PROPERTY LOCATED SOUTH OF W. CHICAGO AND WEST OF WYOMING AVENUE. THIS PROPERTY FEATURES A COVERED FRONT PORCH, A TWO BEDROOM UNIT ON THE FIRST FLOOR AND A ONE BEDROOM UNIT ON THE SECOND FLOOR. THIS PROPERTY IS CURRENTLY OCCUPIED BY A SQUATTER AND THE SELLER DOES NOT HAVE ACCESS TO THE INTERIOR OF THE HOME FOR WALK THROUGHS OR INSPECTIONS. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.
Nice duplex just minutes from the heartbeat of historic Mexicantown! Perfectly positioned in one of Detroit's most sought-after and rapidly appreciating neighborhoods, this solid brick 2-unit building is ideal for savvy investors or owner-occupants looking for instant income. Each features 2 bedrooms + 1 full bathroom Well-maintained brick exterior with newer roof & windows Separate entrances and basements for each unit Walking distance to authentic Mexican restaurants, bakeries, markets, and the bustling Bagley Street corridor Only 5 minutes to Corktown, Downtown Detroit, the Gordie Howe Bridge, and all major freeways (I-75, I-96, M-10) Strong rental demand ââ?¬â?? units rent instantly in this high-occupancy pocket Don't miss out ââ?¬â?? properties like this near are selling FAST. Schedule your private showing today!
Discover exceptional value and modern living in this fully renovated duplex. Offering two spacious units each with 3 bedrooms and 1 bathroom. Each unit has its own private entrance, generous living rooms, and thoughtful updates throughout. Nearly every feature of this property is brand new, including the roof, siding, windows, doors, flooring, drywall, insulation, and bathrooms. The home is equipped with two new furnaces, two new A/C units, a new electrical system, and comes complete with a camera security system for added peace of mind. An additional basement with its own exterior entry offers the potential to be finished as a third unit, providing even more flexibility and income opportunity. Rent both units or live in one and lease the other to offset your mortgage. Each unit offers projected rental income of approximately $1,000ââ?¬â??$1,200 per month. Just a 10 minute drive to downtown Detroit, offering quick access to major employers, entertainment, dining, sporting events, and the city's vibrant waterfront. Convenience without the downtown price. Move in ready and renovated from top to bottom, this is a rare turn key opportunity in a rapidly growing area. Don't miss your chance to make this remarkable property yours!
Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense - recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination - the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don't miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.
Courtesy: EXP Realty Main
Lashawn Peterson
2-unit multifamily with endless potential! Ideal for investors or an owner-occupant looking to live in one unit and rent the other. Features include separate entrances, individual furnaces and hot water tanks, plus basement laundry and private storage rooms. Spacious layout throughout and ready for rehabâ?? Don't miss this opportunity! BATVAI --Subject to probate
Fantastic Investment Opportunity or Owner-Occupant Property! 3485 & 3487 Parker This well-maintained duplex in Detroit features two spacious 2-bedroom, 1-bath units, each offering comfortable living and great potential. The upper unit includes a private balcony, perfect for relaxing outdoors. Both units offer generous room sizes, natural light, and classic charm. Ideal for investors looking to generate rental income or for an owner wanting to live in one unit and rent the other. Conveniently located near major freeways. Don't miss your chance to own this versatile property in a growing area! Select photos have been virtually staged. Licensed agent must be at all showings, BATVI
This property offers the rare combination of generous space, recent updates, and an affordable price in a location that provides easy access to both Detroit and the Downriver amenities. Don't miss this opportunity to own investment property 2 unit with 2bedroom and 1.5 bath home per unit at an unbeatable value! Both units are occupied with positive pay tenants. Upstairs unit could be possibly be vacant at closing. Rental ledgers and leases available with **Home is tenant occupied with long term tenants. Please DO NOT approach or disturb the Tenants** Showings will be scheduled with accepted offer.
Beautifully Renovated Multi-Family Home with Excellent Income Potential. This fully rehabbed multi-family property is a turnkey investment opportunity in Detroit's west side! Each of the two spacious units offers 3 bedrooms, 1 full bath, a large living room, formal dining room, and a modern kitchen - perfect for tenants or multi-generational living. Both units feature brand-new plumbing, electrical, paint, flooring, quartz countertops, and stainless-steel appliances throughout. Each unit also has its own basement and separate meters for water and heat, making management simple and efficient. The property includes ample parking space with room to build a garage, and a large attic ready to be converted into a loft or additional living area for even more value. With potential rental income of $1,400+ per unit, this is a fantastic opportunity for investors seeking strong returns and low maintenance.
Investor special! Solid brick 4-unit Colonial at 14422 Maddelein in Detroit. Three units are currently rented with reliable tenants; the fourth unit has been recently renovated and is rent-ready. Each unit offers spacious layouts, classic charm, and updated features. Property has been well maintained with potential for increased cash flow. Conveniently located near shopping, freeways, and public transportation. A great opportunity to add a strong-performing multi-family to your portfolio - collect rent from day one with room to grow! 2500 a month with upside. Add the 4th tenant to boost the monthly income to 3200++
Courtesy: Benjamin Management Group, Inc
Alan Stalter
800-977-7350
Welcome to this spacious and versatile 2-family home. This well-maintained property offers a total of 5 bedrooms, thoughtfully divided between two unitsâ??3 bedrooms on the entry-level and 2 bedrooms in the upper unitâ??making it ideal for owner-occupants seeking rental income, extended families, or savvy investors. The main floor unit features a comfortable layout with three generously sized bedrooms, a full bathroom, a bright living room, a formal dining area, and a large kitchen. The upstairs unit includes two bedrooms, a full bath, a cozy living room with access to southwestern facing balcony, and a full kitchen, perfect for a tenant or guest suite. Full shared basement with ample storage space. Detached garage. Close to schools, parks, and public transportation. Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this property offers great potential and flexibility. BATVAI.
Income-Producing 4-Unit in Detroit Opportunity knocks with this occupied 4-unit residential building located in a high-demand area of Detroit. This property is already generating steady rental income, making it a great fit for investors looking to step into cash flow from day one.All 4 units are tenant-occupied! Whether you continue to collect rent as-is or choose to renovate as leases turn over, there's strong upside to increase ROI. Street parking is available and there's also a private driveway for added convenience.Situated in a central, accessible location with growing interest, this property offers an affordable way to make your mark in Detroit's real estate market. Don't miss your chance to tap into a
4-units, 100% occupied, in highly desirable Woodbridge. All units are 1BR/1BA currently generating $4,310/month. SELLER FINANCING AVAILABLE - 20% down and a 2 year balloon payment. Located on a tree-lined street near Wayne State, Henry Ford Hospital, DMC, and downtown amenities. Strong rental demand in the area makes this a great opportunity for investors seeking consistent cash flow. Walkable to restaurants, shops, and parks. Turnkey property in a prime Detroit neighborhood.
Excellent investment opportunity near the Hamtramck border! This spacious multi-family home features two large units, each with 3 bedrooms and bright, comfortable living areas. The upper level offers additional potential with space that can be converted into 2 extra bedrooms, creating more income possibilities. The home features a practical layout filled with natural light and plenty of charm. Conveniently located just off Conant Street, close to grocery stores, schools, restaurants, and cafes. Easy access to major roads and freeways. Ideal for investors or homeowners looking for extra rental income schedule your showing today!
This is an outstanding investment opportunity for those looking to expand their portfolio. The property is equipped with a newly installed roof, and both units feature brand-new furnaces, along with a new hot water tank. Additionally, there have been significant upgrades, including updated plumbing and electrical systems, fresh flooring throughout, and a newly painted interior that adds to its appeal. This residence is truly move-in ready. One of the highlights of this property is that the second unit offers a separate, private entrance at the back, ensuring enhanced privacy for its occupants. This home presents an excellent option not only for seasoned investors but also for first-time homebuyers, especially those with larger families seeking ample space. We encourage you to come and see this property for yourself and consider making us an offer that we cannot refuse. For more information or to arrange a viewing, please do not hesitate to contact Jermaine.
Courtesy: RE/MAX Leading Edge
Sherri Saad
Discover this 4-unit multifamily property in the city of Detroit, built in 1925, featuring 4006 SQFT of living space. Each spacious unit offers 2 bedrooms, 1 bathroom, a kitchen, and a comfortable living room. Enjoy the natural lighting throughout every unit, creating a warm and inviting atmosphere. Step outside to a decent-sized backyard, perfect for gardening, relaxing, or outdoor entertainment.
Discover this 4-unit multifamily property in the city of Detroit, built in 1925, featuring 4006 SQFT of living space. Each spacious unit offers 2 bedrooms, 1 bathroom, a kitchen, and a comfortable living room. Enjoy the natural lighting throughout every unit, creating a warm and inviting atmosphere. Step outside to a decent-sized backyard, perfect for gardening, relaxing, or outdoor entertainment.
Fully Occupied Two-Family Brick Corner Property ââ?¬â?? Investor Special! Welcome to 15003 Forrer, a solid brick duplex offering immediate rental income and long-term upside. Both units feature 2 bedrooms, 1 full bath, a spacious living room, formal dining room, and a full kitchen. Each unit also includes a four-seasons bonus room on the rear of the home - perfect for additional storage, office space, or a cozy sitting area. Both tenants are agency tenants. Guaranteed cash flow. Upper & Lower Units Are Both Tenant-Occupied, producing steady income from day one. The property sits on a corner lot with fencing, offering added privacy and curb appeal. Strong rental area with continued demand for multi-family properties. This is an ideal property for: Seasoned investors expanding their portfolio New investors looking to start with an income-producing asset Buyers exploring house hacking while generating rental income Key Highlights: Fully occupied ââ?¬â?? rent collection begins at closing Brick construction on a corner lot Four-seasons room in both units Separate living & dining rooms in each unit Close to major roads, amenities, and public transit Don't miss this opportunity to secure a cash-flowing multi-family in an appreciating market. Schedule your showing today!
Located minutes from Henry Ford St. John Hospital, this 2-unit duplex offers an ideal live-in, rent-out opportunity. Live in one unit while rental income from the other helps coverâ??or even payâ??your monthly expenses, creating immediate cash flow and long-term flexibility. Proximity to a major medical employer drives strong tenant demand, making this a smart option for owner-occupants and investors alike. A smart acquisition for investors looking to capitalize on location-driven rental demand and consistent cash flow.No showings without an accepted offer to minimize disruption to current tenants. Taxes and dimensions above are for one unit (21756) only. Price listed is for the full two-unit building.
Well maintained brick duplex with garage. Corner parcel. Both units are tenant occupied. No showings without an accepted offer to minimize disruption. Dimensions and taxes above are for one unit (21820) only. Price listed is for the full two unit building. Own as an investment property or live in one unit and rent the other out to pay the mortgage! Very close to Henry Ford St. John Hospital.
Unlock the potential of this amazing opportunity! Spanning 7,590 sq ft, this 10-unit apartment building at 7579-7599 Chrysler Dr offers ten spacious 2-bedroom units, ready for a full rehab to transform it into a lucrative income generator. Imagine modern finishes, high-demand rentals, and strong cash flow in a city on the rise - close to downtown amenities, cultural hotspots, and major employers. Perfect for savvy investors seeking value-add opportunities in Detroit's booming market. Don't miss this canvas for your vision!
Prime Investment Opportunity! This bundled package includes two multi-family homes (13505 & 13449 Greiner St) and two vacant land parcels (13523 & 13515 Greiner St), offering incredible potential for investors and developers alike. The multi-family properties generate steady rental income, while the adjacent vacant lots provide space for expansion or new construction. Conveniently located in a growing area, this is a rare chance to acquire multiple properties with endless possibilities. Don't miss out on this lucrative investment - schedule your showing today! Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. Zoned: R3
Detroit is located in Michigan. Detroit, Michigan has a population of 645,658. Detroit is less family-centric than the surrounding county with 15.74% of the households containing married families with children. The county average for households married with children is 25.56%.
The median household income in Detroit, Michigan is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit is 35 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.
