3235 Monterey Street, Detroit, MI 48206

Local realty services provided by:ERA Prime Real Estate Group
3235 Monterey Street,Detroit, MI 48206
$279,995
  • - Beds
  • 4 Baths
  • 3,538 sq. ft.
  • Multi-family
  • Active
Listed by: drake o'donnell
Office: natod management
MLS#:20261065042
Source:MI_REALCOMP

Price summary

  • Price:$279,995
  • Price per sq. ft.:$79.14

About this home

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...

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Home facts

  • Year built:1924
  • Subdivision & Development:LINWOOD HEIGHTS
  • Listing ID #:20261065042
  • Added:1 day(s) ago
  • Updated:August 16, 2026 at 04:58 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Basement Description:Unfinished
  • Living area:3,538 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1924
  • Building area:3,538 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Quadruplex
  • Construction Materials:Brick
  • Foundation Description:Basement, Brick Mortar
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$279,995
  • Price per sq. ft.:$79.14
  • Tax amount:$4,403
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