7225 American Street, Detroit, MI 48210
7225 American Street, Detroit, MI 48210
7225 American Street, Detroit, MI 48210
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$315,000
Est. payment /mo
4 Baths
4,791 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261048588

HOA Y/N true

Year Built 1926

Annual Tax Amount $3,305

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 36.61X129.21

Source Realcomp

Property Description

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.

Location

State MI

County Wayne

Zoning Multiple

Direction Continue On Us-24 S/Telegraph Rd. Take I-96 Express To Jeffries Fwy In Detroit. Take Exit 188 From I-96 E 18 Min (15.0 Mi) Take Livernois To American St

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 W18I013697S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by REMAX City Centre

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • 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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