8343 American Street, Detroit, MI 48204
8343 American Street, Detroit, MI 48204
8343 American Street, Detroit, MI 48204
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$124,900
Est. payment /mo
3 Baths
3,920 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20261063131

Year Built 1926

Annual Tax Amount $3,494

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X109

Source Realcomp

Property Description

Don't miss this fantastic opportunity to own a well-maintained duplex with exceptional income potential! The first unit is currently rented for $1,100 per month with a lease in place through April 2027, providing immediate and reliable cash flow. The second unit is vacant and offers the opportunity to generate an additional $1,100 in monthly rental income, making this an ideal option for investors or owner-occupants looking to live in one unit and rent the other. Each unit features a spacious layout designed for comfortable living, creating an attractive setting for both homeowners and tenants. Conveniently located near shopping, dining, schools, and major roadways, this property combines value, flexibility, and long-term potential. Schedule your showing today and explore all this duplex has to offer!

Location

State MI

County Wayne

Zoning Residential

Direction Livernois and American

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Aluminum Siding,Brick

Schools

School District Detroit

Others

Tax ID W16I024421S

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


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Listed by Keller Williams Legacy

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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