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3235 Monterey Street

Detroit, Michigan 48206
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Bed 8

Bed

Bath 3.5

Bath

SqFt3,538

Sqft

Acres0.14

Acre(Lot)

Turnkey investment opportunity located in the highly sought-after Boston-Edison Historic District. This newly renovated property is fully leased and generating $4,200 per month in rental income, making it an excellent addition to any investor’s portfolio. The property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions. Nearby amenities include the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-l ined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With stable income already in place and a prime location in one of Detroit’s most notable historic districts, this property presents a compelling opportunity for investors seeking both cash flow and long-term appreciation.

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Detail Ic Property Details

Property Type : Multifamily

Price : $315,000

AD Id : 76060778

MLS Id : 20261015773

Beds : 8

Lot Size : 0.14 Acre

Living Area Size : 3,538

Year Built : 1924

County : Wayne

Subdivision: Hiawatha Beach

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Feature Features

  • Bathroom Information

    Total Baths: 3.5 Full Baths: 3 Half Baths: 1
  • Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1924 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Basement Architecture: Quadruplex
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.14 Lot Dimensions: 52.5X120.5
  • Property Information

    SQ ft: 3538 Subdivision: Linwood Heights Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    Original List Price: $330,000
  • Listing Information

    Possession: At Close Legal Description: S MONTEREY W 1/2 299 300 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50

  • Tax Information

    Annual Tax: $4,403 Parcel Number: W12I003680S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: S MONTEREY W 1/2 299 300 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50

  • Unit 2 Information

    # of Bedrooms: 4

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

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1728 Pingree Street , Detroit, MI, 48206 $250,000 6 2.5 2,562 2,562 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/21/2026 @ 22:05

MLS: 20261015773 LISTED BY: Drake O'Donnell , NATOD Management 248-609-7108 SOURCE: Realcomp II Ltd

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