8768 Dexter Avenue new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251038328
Year Built 1919
Annual Tax Amount $4,138
Lot Size 4,791 Sqft
Property Description
Whether you're looking to expand your investment portfolio or purchase a home that generates rental income, this is an opportunity you don't want to miss. Both units were updated in 2023 with new plumbing, hot water heaters, kitchens, bathrooms, windows, and more. When fully renovated, comparable sales value the property at $408,000. The lower unit is currently occupied by a long-term tenant of two years paying $1,300/month. You'll also appreciate the added privacy with a vacant lot next door (neighbors own it). Inside, natural hardwood floors run through every room except the kitchens, which feature durable vinyl, and the bathrooms, which are finished with tile. Located just minutes from Boston-Edison, the Detroit Institute of Arts, Wayne State University, I-96, and countless other amenities, this property is perfectly situated for both owners and investors alike.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Interior
Heating Hot Water
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA