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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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8343 American St , Detroit, MI 48204
$124,900
Est. Payment: $277.56/mo
0 Bed
3 Bath
0 Sqft
Status: Active | Days on site: 38
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416803 - 291483
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House 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!

Highlights

Listed by Michael M Phillips , 313-403-0011 Keller Williams Legacy , 313-752-0000.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1926

County

Wayne

School District

Detroit

Listing ID

20261063131

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$278
Taxes
$291

Home Price

$124,900

Loan Details

30 yrs
%

Down Payment

20%
$24,980
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Monthly Price:
$277.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $277.56 $291.17 $0.00 $568.72
Yearly $3,330.67 $3,494.00 $0.00 $6,824.67
Total $99,920.00 $104,820.00 $0.00 $204,740.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.