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$ 315,000
Est. payment /mo
New
7225 American Street Detroit, MI 48210
4 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261048588
HOA Y/N true
Year Built 1926
Annual Tax Amount $3,305
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 36.61X129.21
Source Realcomp
Property Description
Turn-key quadplex opportunity in the heart of Detroit offering both immediate income and long-term upside. This well-maintained property features four units, with three currently leased—bringing in a projected income of approximately $3,800/month.Perfect for FHA buyers and investors alike, this is an ideal chance to house hack, build equity, or expand your portfolio with minimal vacancy risk on day one. Whether you're looking to live in one unit and let the others pay your mortgage or secure a strong cash-flowing investment, this property checks all the boxes.Conveniently located near major roads, schools, and city amenities, this is Detroit multifamily living at its best—simple, strategic, and income-producing from the start.
Location
State MI
County Wayne
Zoning Multiple
Direction Continue On Us-24 S/Telegraph Rd. Take I-96 Express To Jeffries Fwy In Detroit. Take Exit 188 From I-96 E 18 Min (15.0 Mi) Take Livernois To American St
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W18I013697S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by REMAX City Centre
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