$185,000
Detroit, MI 48228
MLS# 26036883
1 / 17
Property Description
This multi-unit investment property in Detroit spans 5,227 square feet of lot space, offering potential for residential income generation. The property is configured as a 2 to 4 unit structure, making it an attractive opportunity for investors seeking diversified revenue streams. Located in Detroit, MI, this property presents a practical foundation for those looking to build or expand their real estate portfolio. Consider the possibilities this multi-unit dwelling presents for your investment goals.
Details
Maps
Location & Property Info
Cross Streets: Warren & Penrod
Property Sub-Type: 2 to 4 Units
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 40x126
Financial Available: No
Road Frontage: 40
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 4
School District: Detroit
Lot Measurement: Acres
Lot Square Footage: 5227
Lot Acres: 0.13
Year Built: 1929
Tax Info
Taxable Value: 7802
SEV: 56400
For Tax Year: 2025
Seller's Annual Property Tax: 1008
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: Contact Seller
Tax ID #: 22078217.
Remarks & Misc
Public Remarks: This multi-unit investment property in Detroit spans 5,227 square feet of lot space, offering potential for residential income generation. The property is configured as a 2 to 4 unit structure, making it an attractive opportunity for investors seeking diversified revenue streams. Located in Detroit, MI, this property presents a practical foundation for those looking to build or expand their real estate portfolio. Consider the possibilities this multi-unit dwelling presents for your investment goals.
Legal: W PENROD 215 AND E 9' VAC ALLEY ADJ FRISCHKORNS WARREN AVE PARK SUB L39 P89 PLATS, W C R 22/270 40 X 137
Waterfront Options
Water Access Y/N: No
Street Type
Public: 1
Util Avail at Street
Public Water: 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
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Brick: 1
Roofing
Composition: 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
Sewer: 1
Water: 1
Driveway
Concrete: 1
Substructure
Full: 1
Extras
Garages: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: Downstairs/upstairs
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Fireplace: 1
Garage: 1
Unit 2
Unit #: 2
Unit Description: Downstairs/upstairs
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range/Oven: 1
Refrigerator: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Wayne
Street #: 6903
Street Name: Penrod
Suffix: Street
State: MI
Zip Code: 48228
Zip (4): 5404
OfficeContract Info
Status: Active
Current Price: $185,000
List Price: $185,000
Listing Date: 2026-07-17
Property Features
Laundry Features: In Basement
Exterior Material: Brick
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Water
Extras: Garages
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Driveway: Concrete
Street Type: Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Fireplace; Garage
Unit 2: Dishwasher; Range/Oven; Refrigerator
Listing Office: Simple Fee Listings
Listing Agent: Randall Wolber
Last Updated: July - 18 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.