Multi Family homes for sale & real estate in 48203, MI

Multi Family Home for sale in 48203, MI:

Welcome to University District! Get into the most sought after anchor neighborhood in Detroit for under 200k! This 2 family home has been an investment property for the past 46 years and has come to market for the first time this century! Don't miss your chance to own this piece of Detroit history located just across the street from what was the first Monastery in Detroit and is still an active church that is still active and invested in the community. First unit on the entry level is 2 bedrooms and 1 bathroom with a large sitting room, formal dining room, and kitchen. Second unit on the upper level has 1 bedroom and 1 bathroom with a large sitting room and added storage in the attic spac

Multi Family Home for sale in 48203, MI:

Great investment opportunity! This 2-unit property offers a potential rental income of $1,800/month when fully leased. Both units are currently vacant, giving you the flexibility to select your own tenants or move in and rent out the other unit. Each unit features 2 bedrooms and 1 bath. A perfect chance to start generating cash flow on your terms!

Multi Family Home for sale in 48203, MI:

This charming multi-family home located at 449 W Evelyn Ave, Hazel Park, MI, built in 1925, is full of character and potential, now offering an immediate, solid return on investment. Investor Highlights: Fully Occupied & Income-Producing: Both units are currently rented, generating a total gross monthly income of $2,000 ($24,000 annually). Approximate Investment Yield: Based on a list price of $190,000 (MLS# 20251057915), the gross annual rental income represents an approximate 12.6% Gross Cap Rate ($24,000 / $190,000). This calculation does not include operating expenses (taxes, insurance, utilities, maintenance, etc. ) and is provided for preliminary financial comparison. The prope

Multi Family Home for sale in 48203, MI:

Discover an excellent investment opportunity or a perfect owner-occupant setup in this fully updated two-family home at 2438 Burnside St. Each unit features a bright living room, two bedrooms, a modernized kitchen, and a newly remodeled bathroom. Both kitchens and bathrooms have been recently updated, and the entire house boasts fresh vinyl flooring throughout. This property is ideally situated for convenient access to local amenities. Whether you’re an investor looking to rent out both units or a homeowner seeking to live in one unit and lease the other, this home offers flexibility and modern comfort in a vibrant neighborhood.

Multi Family Home for sale in 48203, MI:

Fully renovated in 2024 with all-new updates throughout! This stunning brick Colonial can serve as a spacious single-family home or a great income-producing duplex. Offering 5 bedrooms and 2.1 baths, this property features a full basement, modern kitchen and bath upgrades, brand-new plumbing, flooring, and a freshly poured driveway. The home combines classic Detroit charm with modern finishes, making it perfect for both homeowners and investors. Conveniently located near Davidson and Dexter, close to schools, shopping, and major freeways. Move-in ready and beautifully updated from top to bottom!

Multi Family Home for sale in 48203, MI:

Oakman Neighborhood two family flat partially rehabbed available for new investor to add finishing touches. Each floor has two bedrooms and one bathroom. All plumbing, electric and HVAC has been updated throughout. New drywall and flooring in all rooms. Small fire from trespassing cause damage to drywall in unit. All major work completed - needs final cosmetic touches. Seller ready to move onto other projects. Projected monthly rental income 1350/mo per unit once fully completed. Warranty Deed. ARV between $130k-$160k depending on finishes. BATVAI.