MLS # 20261048588 (Realcomp)

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.
Source: SparkMLS
Located in Tireman in Detroit, this property offers 4-bath, with original construction dating to 1926.
Currently offered at $315,000.
Annual property taxes run approximately $1,515 ($126/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
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
W AMERICAN 676 DOVERCOURT PARK SUB L34 P89 PLATS, W C R 18/371 36.61 X 129.21A
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Angie Sierra
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.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7225 American Street, Detroit, MI 48210
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Neighborhood
Tireman
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Community
Detroit
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County
Wayne County
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