Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
REALCOMP #20261003215
Feb 24, 2026
Contingent
—
Jan 15, 2026
Listed
$1,400,000
$585/sq ft
MiRealSource-MiMLS #60964033
Feb 24, 2026
Contingent
—
Feb 24, 2026
Listing Removed
—
Jan 15, 2026
Listed
$1,400,000
$585/sq ft
Public Records
Jul 29, 2022
Sold
$94,500
$40/sq ft
MiRealSource-MiMLS #60098921
Jul 14, 2022
Sold
$99,500
$42/sq ft
Jun 28, 2022
Pending
—
May 19, 2022
Listed
$99,500
$42/sq ft
REALCOMP #2220034713
Jul 14, 2022
Sold
$99,500
$42/sq ft
Jun 28, 2022
Pending
—
May 19, 2022
Listed
$99,500
$42/sq ft
Public Records
Apr 29, 2015
Sold
$15,167
$6/sq ft
Public Records
Jan 24, 2003
Sold
$88,000
$37/sq ft
Public Records
Jul 13, 2000
Sold
$50,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,547 (−44.7%)
2024
$8,228 (+104.4%)
2023
$4,026 (+144.5%)
2022
$1,647 (+30.3%)
2021
$1,264 (−21.2%)
2020
$1,603 (+1.5%)
2019
$1,580 (+3.7%)
2018
$1,523 (+2,797.1%)
2017
$53 (−88.4%)
2016
$454 (+349.5%)
2015
$101 (+2.0%)
2014
$99
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
—
Lot width
40 ft.
Lot depth
114 ft.
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
2,392
Year built
1928
Style
Single Family Residential
County
Wayne County
APN
21070373.
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R2
Two-Family Residential District
The R2 Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings. The district regulations are designed to promote a suitable environment for homes and for activities connected with family life. The only principal uses permitted by right are single- and two-family dwellings. Additional uses are conditional.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2
Laundry/Basement Information
Basement Type: Block
Exterior
Exterior Features
Exterior Construction: Brick, Wood
Foundation Type: Basement
Property Information
Property Type: Multi-Family
Property Type: Duplex
Structure Style: 2 Story
Year Built: 1941
Lot Information
Lot Size: 40,114
Zoning: Multi-Family
Land Information
Acreage: 0.11
Roads: Paved Street
Frontage: 40
Financial
Tax/Assessments Information
Taxable Value: $13,562
Total Tax Amount: $1,452
Summer Tax Amount: $1,013
Winter Tax Amount: $439
Lease/Rent Information
Has Lease
Utilities
Utility Information
Water: Public Water
Fuel Type: Natural Gas
Heating System: Forced Air
Location
Mult-Unit Information
# of Units (Total): 2
Net Operating Income: 0
School Information
School District: Detroit City School District
School District: Detroit City School District
Address Information
Street Designation: Road
Location Details
Directions: N Of Mack And W Of Cadieux
Municipality Type: City
Municipality: Detroit
Mail City: Detroit
Subdivision: East Detroit Dev Cos Sub 2
Municipality: Detroit
Area (Municipality): Detroit (82001)
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,392
Stories: —
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1928
Year Renovated: —
County: Wayne County
APN: 21070373.
Home facts updated by county records on Aug 7, 2026
Other
Listing Information
Originating MLS: RealComp
Around this home
Schools
Carstens Elementary-Middle School
Public PreK-8 • Assigned • 2.2mi
4/10
East English Village Preparatory Academy
Public 9-12 • Assigned • 1.0mi
3/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48224 3231
Average low and high temperatures (°F)
28
17
34
21
50
33
59
42
66
50
80
63
84
69
78
64
75
58
65
49
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Detroit. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
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