MLS # 20261002340 (Realcomp)

Turnkey 4-unit multifamily property located in a quiet, well-kept neighborhood of Detroit. The building features recently renovated units and is move-in ready, making it an ideal hands-off investment. Three of the four units are currently occupied by long-term tenants, generating $3,200 per month in gross rental income, with the fourth unit vacant and ready to lease, offering immediate upside. The current tenant mix includes two Section 8 tenants and one market-rate cash tenant, providing both stability and flexibility. This property offers consistent cash flow, minimal deferred maintenance, and strong tenant retention in a desirable rental area. A solid opportunity for investors seeking a true turnkey asset with room to increase returns. Vacant unit is available for showings. All other units will be available with an accepted offer. For more information please contact Jermaine.
Source: SparkMLS
Located in Winterhalter in Detroit, this property offers 4-bath, with original construction dating to 1925.
Closed at $350,000.
Annual property taxes run approximately $4,974 ($415/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Broadband is available with download speeds up to 2,000 Mbps from 6 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
N BUENA VISTA 150 RUSSELL WOODS SUB L34 P3 PLATS, W C R 14/195 46 X 117
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Russell Woods-Sullivan Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jermaine Golden
REMAX City Centre
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
2 Gbps
Upload
250 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4200 W Buena Vista Street, Detroit, MI 48238
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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