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$95,000
Est. payment /mo
3 Baths
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261033627
HOA Y/N true
Year Built 1926
Annual Tax Amount $2,304
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X128.56
Source Realcomp
Property Description
ATTENTION INVESTORS and ENTREPENEURS!! High-Value Triplex Opportunity – 7135 Elmhurst, Detroit! ARV 260K. This amazing 9 BED 3 BATH TRIPLEX is ready for your finishing touches! The property includes: NEW WINDOWS, NEW ELECTRICAL, NEW PLUMBING, NEW MECHANICALS. Available side lot $3000. This property is adjacent to a fully occupied block of cash flowing units. This property has a LIVABLE unit! Move in and renovate. Stop paying rent and start paying yourself! This fully gutted Detroit triplex at 7135 Elmhurst is stripped to the studs and primed for your vision, with one unit already livable so you can move in or generate income while you renovate. The heavy lifting is done — bring your finishes and start building wealth immediately. Each of the three spacious units features 3 bedrooms, offering maximum rental appeal and strong tenant demand. The layout includes two upper units plus a lower-level unit, providing flexible living and rental configurations. With projected rents of $1,200 per unit, this property has the potential to generate $3,600/month in gross rental income — and an impressive After Repair Value of $260,000 makes the numbers work beautifully for any serious investor. As if that weren't enough, an adjacent side lot is available for just $3,000 — ideal for additional parking, a garage build, or future development. Buy both and maximize your investment footprint!Whether you're looking to house hack, add to your portfolio, or flip for equity, 7135 Elmhurst checks every box. All new electric, plumbing, mechanicals, and windows mean the infrastructure is solid — just add your finishing touches and watch this asset perform. Priced to move — don't let this Detroit gem slip away!
Location
State MI
County Wayne
Zoning Multi-Family
Direction From Livernois go west on Elmhurst
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I005726S
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261033627
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Listed by Keller Williams Premier
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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