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553 Belmont Street

Detroit, Michigan 48202
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Bed 4

Bed

Bath 2

Bath

SqFt2,204

Sqft

Acres0.13

Acre(Lot)

Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and incomepotential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don’t miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

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Detail Ic Property Details

Property Type : Multifamily

Price : $350,000

AD Id : 65746128

MLS Id : 629419717

Beds : 4

Lot Size : 0.13 Acre

Living Area Size : 2,204

Year Built : 1910

County : Wayne

Subdivision: Moore Hodges & Warrens Sub

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 1910 Building Stories: 2 Story Total Units: 2 Foundation/Basement: Basement Architecture: Colonial
  • Exterior Features

    Construction: Vinyl
  • Utility Features

    Sewer: Public Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Size: 0.13 Lot Dimensions: 45X125 Frontage Feet: 45
  • Property Information

    SQ ft: 2204 Subdivision: Moore Hodges & Warrens Sub Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    Original List Price: $350,000
  • Listing Information

    Possession: At Close Legal Description: N BELMONT E 45 FT 75 MOORE HODGES & WARRENS L14 P13 PLATS, W C R 3/119 45 X 125

  • Tax Information

    Annual Tax: $2,119 Parcel Number: W03I002732S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: N BELMONT E 45 FT 75 MOORE HODGES & WARRENS L14 P13 PLATS, W C R 3/119 45 X 125

  • Unit 2 Information

    # of Bedrooms: 2

  • School Information

    School District: Detroit
  • Utility Information

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

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430 E Philadelphia , Detroit, MI, 48202 $30,000 -- -- -- 0.12 Acre(Lot)
267 Harmon , Detroit, MI, 48202 $12,000 -- -- -- 0.08 Acre(Lot)
126 Westminster , Detroit, MI, 48202 $24,150 -- -- -- 0.09 Acre(Lot)
125 Westminster , Detroit, MI, 48202 $20,700 -- -- -- 0.08 Acre(Lot)
8261 Brush , Detroit, MI, 48202 $30,000 -- -- -- 0.02 Acre(Lot)
101 Blaine Street , Detroit, MI, 48202 $25,000 -- -- -- 0.15 Acre(Lot)
650 Gladstone Street , Detroit, MI, 48202 $58,000 -- -- -- 0.39 Acre(Lot)
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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 2025 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 07/17/2025 @ 15:24

MLS: 629419717 LISTED BY: Sotero M Lopez II , EXP Realty Main 888-501-7085 SOURCE: Realcomp II Ltd

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