$225,000
Detroit, MI 48238
MLS# 26013019
1 / 63
Property Description
Two of Three Units are currently rented producing $2,100 with the Third unit ready to rent at $700-$900 per month totaling $2,800-/$2,900 Rental income, that is a rare 1.24% rent-to-value ratio, Current Taxes are approx. $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers* One 1 Bed Unit Vacant & the 2 rented units would more than pay the mortgage payment. 3-bedroom main floor & 2 x 1 Bedroom Units Upstairs, Major Recent Renovation Of Property from Roof to Basement and all 3 Units, Beautiful & Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens with Expansive Cabinetry & Corian Countertops, Solid Ceramic Baths with newer fixtures in all 3 Units, 3 of everything, 3 Gas & electric meters, 3 Newer Forced Air Furnaces, 3 Hot Water Heaters, Updated Plumbing & Electric Panels & Wiring Throughout, 47 Newer Fiberglass & Vinyl Windows, Steel Doors, Etc. *No House Hackers*
Details
Maps
Location & Property Info
Cross Streets: Dexter & Oakman Blvd & Davison
Property Sub-Type: 2 to 4 Units
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 86.54
General Property Info
New Construction: No
Lot Dimensions: 34 x 109
Road Frontage: 34
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2600
Total Parking Spaces: 3
School District: Detroit
Lot Measurement: Acres
Lot Square Footage: 3920
Lot Acres: 0.09
Year Built: 1926
Tax Info
Taxable Value: 3788
SEV: 4300
For Tax Year: 2025
Seller's Annual Property Tax: 1168
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 14005724.
Remarks & Misc
Public Remarks: Two of Three Units are currently rented producing $2,100 with the Third unit ready to rent at $700-$900 per month totaling $2,800-/$2,900 Rental income, that is a rare 1.24% rent-to-value ratio, Current Taxes are approx. $100 per month! Located in one Of Detroit's most Stable Rental Corridors.* Attention House Hackers* One 1 Bed Unit Vacant & the 2 rented units would more than pay the mortgage payment. 3-bedroom main floor & 2 x 1 Bedroom Units Upstairs, Major Recent Renovation Of Property from Roof to Basement and all 3 Units, Beautiful & Durable Hardwood Oak Floors Throughout, Newly Updated Kitchens with Expansive Cabinetry & Corian Countertops, Solid Ceramic Baths with newer fixtures in all 3 Units, 3 of everything, 3 Gas & electric meters, 3 Newer Forced Air Furnaces, 3 Hot Water Heaters, Updated Plumbing & Electric Panels & Wiring Throughout, 47 Newer Fiberglass & Vinyl Windows, Steel Doors, Etc. *No House Hackers*
Legal: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. N GRAND 355 ROBT OAKMANS LIVERNOIS & FORD HWY SUB L36 P2 PLATS, W C R 14/197 34 X 109
Util Avail at Street
High Speed Internet: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Laundry Features
In Basement: 1
See Remarks: 1
Exterior Material
Brick: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Full: 1
Owner Pays
Trash Collection: 1
Unit 1
Unit Description: MAIN
SqFt: 1300
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: UPPER
SqFt: 745
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: UPPEER
SqFt: 555
Bedrooms: 1
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Wayne
Street #: 3742
Street Direction: W
Street Name: Grand
Suffix: Street
State: MI
Zip Code: 48238
Zip (4): 2624
OfficeContract Info
Status: Active
Current Price: $225,000
List Price: $225,000
Listing Date: 2026-03-31
Property Features
Laundry Features: In Basement; See Remarks
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet
Owner Pays: Trash Collection
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Michigan Dream Homes, LLC
Listing Agent: John Wallen
Last Updated: April - 04 - 2026
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