For Sale
4535 Cadieux # 18 and 42, Detroit, MI 48224
$120,000
MLS # 20251030594 (Realcomp)
Built 1972
1 / 15
Listing Description
Welcome to 4535 Cadieux, an outstanding investment opportunity in the heart of Detroit’s 48224 ZIP code. This property features two separate units, each generating monthly rental income for a total of $2,000 per month SECTION 8. Each unit includes one dedicated parking spot, providing added convenience for tenants.There are no association fees, and the owner does not pay for water or gas—tenants are responsible for managing their own electrical utility bills. This arrangement makes the property a truly hassle-free investment with excellent income potential.The neighborhood offers convenient access to local amenities, sitting just 0.3 miles from the Cadieux Café and less than a mile from Balduck Park’s green spaces. Families will appreciate the proximity to Carleton Elementary School and East English Village Preparatory Academy, and grocery shopping couldn’t be easier with Aldi just 0.6 miles away. Quick access to I-94 ensures easy commutes and connections throughout Detroit.Nestled on a welcoming, tree-lined street, this property provides both a peaceful atmosphere and the benefits of urban living. Enjoy the vibrant community known for its friendly neighbors and strong sense of security—an attractive feature for potential tenants and owners alike.If you are seeking a well-located multifamily property with proven income and low expenses, 4535 Cadieux is an exceptional choice. Discover how this property can work for you.
Source: SparkMLS
About this home
2-bath home in Finney in Detroit built in 1972.
Asking $120,000.
Annual property taxes run approximately $3,950 ($329/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Year Built1972
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air
WaterPublic
Sale & Financing
Listed8/24/2025
Original Price$210,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$3,950
Parcel #21075324005L21075325004
Source: SparkMLS
Legal Description
W CADIEUX APT 103, 107, 210 (18) (22) (42)WAYNE COUNTY CONDOMINIUM SUB PLAN NO 55 AKA EASTPOINTE CONDOMINIUM L18086 P319-353 DEEDS, W C R 21/1042 2.941%
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Rashad Elabed
JNA Real Estate
Frequently Asked Questions about 4535 Cadieux # 18 and 42, Detroit, MI 48224
What school district is 4535 Cadieux # 18 and 42, Detroit, MI 48224 in?
Per MLS# 20251030594, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20251030594, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251030594, the most recent reported annual property tax for 4535 Cadieux # 18 and 42, Detroit, MI 48224 is $3,950. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4535 Cadieux # 18 and 42, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4535 Cadieux # 18 and 42, Detroit, MI 48224 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4535 Cadieux # 18 and 42, Detroit, MI 48224 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 4535 Cadieux # 18 and 42, Detroit, MI 48224?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$778
Principal & interest$778
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteSatelliteLicensed Fixed WirelessDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4535 Cadieux # 18 and 42, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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