Refine Search
Sort by
$279,995
4 Baths 20261065042 MLS
Investment opportunity in the highly sought-after Boston-Edison Historic District, currently generating rental income with 2 of the 4 units occupied and 2 units vacant and ready for a new tenant or owner-occupant, giving a buyer the flexibility to step into a cash-flowing property while still having the option to move into one of the open units themselves. For buyers who prefer full occupancy before taking ownership, the vacant units can also be leased up prior to closing upon request. The property was previously rented at $4,200 per month when fully leased, with rent rolls available to support upon request. The current tenants have been in place for about a year and have consistently paid on time, and showings can be scheduled with just 24 to 48 hours' notice, making this one of the easier multi-unit properties to walk through compared to fully occupied buildings. This newly renovated property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions, including the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With income history already established, room to add value by leasing up the vacant units, and a prime location in one of Detroit's most notable historic districts, this property presents a compelling opportunity for investors seeking cash flow, an owner-occupant looking to house hack, or anyone eyeing long-term appreciation in a historic neighborhood on the rise.

3235 Monterey St, Detroit

Courtesy of NATOD Management 2486097108

$335,000
8 Baths 20261053311 MLS
REDUCED! LOCATED 6 MINUTES FROM THE HISTORIC BOSTON EDISON DISTRICT, YOU WILL FIND 5319 IVANHOE NESTLED ON A SPACIOUS 6,795 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF, GUTTERS, TRIM AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. EVERY WINDOW lHAS BEEN UPGRADED WITH TOP OF THE LOW E MAINTENANCE FREE APPOINTMENTS. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEW FURNACES AND NEWLY INSTALLED HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING AND BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF $4605 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PERCENT. THE TAXES HAVE BEEN REDUCED TO ROUGHLY $150 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!

5319 Ivanhoe St, Detroit

Courtesy of KW Domain 2485900800

$249,900
5 Baths 20261053137 MLS
Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms—a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation. This well-maintained brick building offers major value, including: • Four (4) 3-bedroom units • Separate gas and electric meters—tenants pay their own utilities • Four (4) NEW furnaces—one for each unit, reducing future maintenance costs • Large living and dining rooms in each unit • Spacious kitchens with great layout potential • Shared basement with ample storage • Classic Detroit architectural character With high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio. Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth. Don’t miss out—schedule a tour today and discover the full potential of 2928 Richton Street!

2928 Richton St, Detroit

Courtesy of Amin Realty 8332646832

$549,995
4 Baths 20261046385 MLS
Built in 2007, this well-maintained 4-unit property offers buyers a reliable income opportunity. At current market rents of approximately $1,500/month per unit, the property offers strong income potential across all four units, with tenants responsible for all utilities, including water and trash. One unit is currently vacant and available to view, giving buyers a clear look at the quality throughout, as all units share a similar layout and finishes. Each unit features an open-concept floor plan with 9' ceilings, a spacious living and dining area, and a kitchen finished with custom Brazilian hardwood cabinets and flooring, with all kitchen appliances included. Each unit includes 2 generously sized bedrooms, 1 full bath, and a separate laundry room. Additional highlights include a private patio and an attached garage with storage cabinets.

440 Robbe Ave, Belleville

Courtesy of EXP Realty Main 8885017085

$369,900
4 Baths 20261036047 MLS
Priced to sell! Great investment opportunity! Potential (projected) annual gross income is in excess of $50,000 per year! This completely rental certified and updated 4-unit income property features highly sought after BRICK structure and BRICK two-car garage which make it stand out from the rest! It also has a large front porch, a roomy common hallway leading to basement with multiple washer & dryer hook-ups and also leads to attic. Each unit has a completely separate entrance (two front entrances a rear entrance and a side entrance). Its' convenient location allows quick access to many major freeways and just minutes to downtown Detroit! Each unit includes a kitchen, a bath, a living room, and two-bedrooms. There is also a large basement, and a huge attic space that could be ideal to add more units! One unit is currently occupied on a month-to-month lease, and the other three units are available for full viewing! Hurry! Won't last at this price!

2441 Holbrook St, Hamtramck

Courtesy of Diamond Realty & Associates, LLC 8103752500

$315,000
4 Baths 20261034091 MLS
***LOCATION LOCATION LOCATION PROPERTY LOCATED IN SW DETROIT!! 4UNITS ** (2 beds 1 bath on Each Unit *** Discover an exceptional investment opportunity in the heart of Southwest Detroit! This beautifully renovated !!!!!!packed with modern upgrades, making it an ideal choice for investors Located just minutes from vibrant Downtown Detroit, this property offers proximity to restaurants, schools, local businesses, and easy freeway access. New Roof Durable and built to last. New Plumbing & Sewer , New Windows , New Electrical System, New Furnace & Hot Water Tank: Efficient heating for tenant comfort!!!! Fully Renovated Bathrooms!!!! Close to Downtown Detroit, local amenities, and major freeways. This property is already generating $4K per month !!!!!!!!Don’t miss out on this fantastic opportunity in a rapidly growing area of Detroit!****.** DO NOT DISTURB THE TENANTS***

8879 N Clarendon St, Detroit

Courtesy of Munoz Realty Inc 3139147545

$315,000
4 Baths 20261034090 MLS
***LOCATION LOCATION LOCATION PROPERTY LOCATED IN SW DETROIT!! 4UNITS ** (1 bed, 1 bath on Each Unit *** in Southwest Detroit!!!!!! Discover an exceptional investment opportunity in the heart of Southwest Detroit! This beautifully renovated !!!!!!packed with modern upgrades, making it an ideal choice for investors Located just minutes from vibrant Downtown Detroit, this property offers proximity to restaurants, schools, local businesses, and easy freeway access. New Roof Durable and built to last. New Plumbing & Sewer , New Windows , New Electrical System, New Furnace & Hot Water Tank: Efficient heating for tenant comfort!!!! Fully Renovated Bathrooms!!!! Close to Downtown Detroit, local amenities, and major freeways. This property is already generating $4K per month !!!!!!!!Don’t miss out on this fantastic opportunity in a rapidly growing area of Detroit!****.** DO NOT DISTURB THE TENANTS***

6349 Barlum St, Detroit

Courtesy of Munoz Realty Inc 3139147545

$19,500
4 Baths 20261024104 MLS
Welcome to the latest offering from the Detroit Land Bank Authority. Come take a look at this Brick 4 unit Quadruplex in the Nardin Park community. Property needs a full rehab but will add a very nice piece to an up and coming portfolio. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

9928 Belleterre St, Detroit

Courtesy of Real Estate One-Southfield 2487230055

$250,000
4 Baths 20261016520 MLS
Investment/rehab opportunity in North Corktown. This 4-family property + large garage, offers endless potential for both seasoned investors and developers. Conveniently situated near the ear the newly-renovated Michigan Central development, vibrant Corktown, and the iconic MotorCity Casino, this property combines urban convenience with proximity to Detroit’s quickly-growing neighborhoods. This corner property includes a large garage (43' x 20') for storing multiple vehicles and side lot at 3300 14th, making the total frontage of 292 feet and over half an acre of land. SD-1 zoning allows for multiple residential and commercial uses. Located in an Opportunity Zone and NEZ-New/Rehab district.

3320 14th St, Detroit

Courtesy of REMAX City Centre 3135283002

$50,000
4 Baths 20261012200 MLS
Prime Investment Opportunity! This bundled package includes two multi-family homes (13505 & 13449 Greiner St) and two vacant land parcels (13523 & 13515 Greiner St), offering incredible potential for investors and developers alike. The multi-family properties generate steady rental income, while the adjacent vacant lots provide space for expansion or new construction. Conveniently located in a growing area, this is a rare chance to acquire multiple properties with endless possibilities. Don't miss out on this lucrative investment—schedule your showing today! Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. Zoned: R3

13505 Greiner St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000

$25,000
4 Baths 20261012023 MLS
Welcome to the latest offering from the Detroit Land Bank Authority. This 4 unit brick Quadruplex features 4 two bedroom units with over 3000 sq ft of living space. Located just a stone's throw from the New Center area, this home has a ton of potential. This home needs an extensive amount of rehab, but will prove to be a fine addition to any investment portfolio. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines Be advised that all potential buyers are required to prepare a proposal/proforma in order to qualify to purchase. DLBA proposal guidelines are attached for review

2704 Hogarth St, Detroit

Courtesy of Real Estate One-Southfield 2487230055

$82,500
4 Baths 20261011957 MLS
Great opportunity with this 4 unit multifamily located on Detroit's East Side in the Chandler Park neighborhood. Each unit features 1 bedroom, 1 bathroom, living room, dining room and kitchen. East Warren Avenue in Detroit is undergoing a major revitalization as part of the East Warren/Cadieux Neighborhood Plan, aimed at stabilizing housing, boosting local businesses, and improving public spaces. The streetscape has been redesigned for pedestrian safety and accessibility, while new commercial and mixed-use developments are bringing fresh retail, housing, and community spaces. Seller is also selling 5056 Coplin, identical 4 unit building next door to 5066 Coplin. 8 total units can be sold in a package.

5066 Coplin St, Detroit

Courtesy of Detroit Progress Realty LLC 3138886060

$20,000
4 Baths 20251060950 MLS
Great opportunity to invest in the city of Detroit. This brick Quadplex is located in Detroit's Nardin Park neighborhood and zoned R3.Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

10280 Nardin Dr, Detroit

Courtesy of RCH Brokerage Legacy Inc 2484402268

$90,000
4 Baths 20251053840 MLS
Discover an incredible investment opportunity at 6420 Tuxedo St, Detroit, MI. This 1924 multi-family home offers four units, each with one bathroom, and strong cash-flow potential once renovated. The property retains classic architectural character and is ready for your value-add vision. Zoned R3 Low-Density Residential, this district supports single-family, two-family, townhome, multi-family, and garden-style apartment developments—ideal for long-term growth or a full-scale renovation project in a revitalizing neighborhood. Interested buyers should consult the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. To submit a complete DLBA proposal, include buyer information (name, contact, entity, and purchase price including renovation costs), note any previous DLBA purchases, provide a renovation budget, timeline, and financing plan (proof of funds and lender pre-approval if applicable), and outline your renovation experience, contractor details, and post-renovation plans (sell or rent). Optional materials such as letters of support, community involvement, or CRIO certification can strengthen your application. Proposals are evaluated on price, feasibility, experience, financial capacity, and community impact. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

6420 Tuxedo St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000

$19,900
4 Baths 20251038948 MLS
4-Unit Investment Opportunity in Dexter-Linwood Neighborhood – Detroit Land Bank Owned Fantastic opportunity to restore this four-unit property in the Dexter-Linwood neighborhood of Detroit. Each unit features two bedrooms and one bath, making it ideal for a redevelopment project with strong rental potential. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter), 3. Scope of Work (breakdown of renovation costs), 4. Proof of Previous Projects: (include addresses and photos). Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

2626 Tyler St, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000

$20,000
5 Baths 20240091940 MLS
Welcome to the latest offering from the Detroit land Bank Authority. 4 unit consisting of 1 bedroom each. All brick structure needing total rehab. Show with caution. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines.

10011 Belleterre St, Detroit

Courtesy of Real Estate One-Southfield 2487230055

$16,500
4 Baths 20221068045 MLS
Welcome to the Latest offering from the Detroit Land Bank Authority. Brick 4 unit in need of major renovation. All units contain 2 bedrooms and 1 bath. There are 2 vacant lots included with this sale. 3764 Rochester and 3748 Rochester. Show with caution, bring Flashlight. Please note that the Detroit Land bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines

3758 Rochester St, Detroit

Courtesy of Real Estate One-Southfield 2487230055