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$75,000
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4 Beds
4.5 Baths
1,232 SqFt
SOLD DATE : 06/20/2025
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $40
Subdivision Teffts Sub (Plats)
MLS Listing ID 20250030645
Sold Date 06/20/25
Style Colonial
Bedrooms 4
Full Baths 4
Half Baths 1
Year Built 1913
Annual Tax Amount $710
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 48.00 x 104.00
Property Sub-Type Colonial
Source Realcomp II Ltd
Property Description
?Rare DLBA Multifamily Investment – Opportunity knocks in Detroit's Islandview: this one-of-a-kind listing features two duplexes, 4 total units on one parcel. Sold AS-IS, full rehab needed, it offers major upside for investors. Each 1,232?square feet unit has 3?beds/1?bath, plus off-street parking for 1?car. Islandview is a charming enclave near Belle Isle undergoing major renovations and planning for growth? . As part of the city's Strategic Neighborhood Fund area?, this revitalizing neighborhood promises future value. Use one or two units for yourself while leasing the rest, or renovate all for rental income – high ceilings, period details, and generous space invite creative rehab. Unique structure-only sale land remains city-owned, making this a rare opportunity to create an income-generating asset.
Location
State MI
County Wayne
Area Det Woodward-Mcclellan/So Mack
Zoning Multi-Family
Direction North Of Mack And East Of Grand Blvd
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Road Frontage Paved
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal), Water at Street
Architectural Style Colonial
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W15I009993S
Ownership Government Owned,Short Sale - No
Assessment Amount $250
Acceptable Financing Cash, Quit Claims Deed
Listing Terms Cash, Quit Claims Deed
Financing Cash,Quit Claims Deed
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