8343 American Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Multi-Family
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,764 sqft
Price per Sqft $87
Subdivision Frischkorns Tireman Park
MLS Listing ID 20251008113
Style Bungalow
Bedrooms 2
Full Baths 2
Year Built 1926
Annual Tax Amount $2,897
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X109
Property Sub-Type Bungalow
Source Realcomp II Ltd
Property Description
National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants.
Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI—making it an ideal choice for both new and seasoned investors.
Don't miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area.
At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Residential
Direction Livernois to American
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Level or Stories 2 Story
Structure Type Aluminum,Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 16024421
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional