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Jim Blehm

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

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8535 Kentucky St SW , Detroit, MI 48204
$116,000
Est. Payment: $257.78/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 11
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House Description

TURNKEY TWO-UNIT INVESTMENT OPPORTUNITY ON DETROIT’S WEST SIDE!Welcome to 8535 Kentucky Street, a spacious multifamily property offering immediate flexibility for investors, owner-occupants, house hackers, or multigenerational households. Conveniently located near major freeways, shopping, dining, and everyday amenities, this property combines income potential with comfortable living.Each unit features fresh interior paint, an updated kitchen, an updated bathroom, generous living space, and a functional floor plan. The upper unit also includes a private terrace—an inviting outdoor space perfect for relaxing, enjoying morning coffee, or unwinding at the end of the day.The large backyard offers endless possibilities for outdoor entertaining, gardening, recreation, or future improvements. Both units were previously rented for approximately $1,100 per month each, presenting potential gross rental income of $2,200 per month, subject to current market conditions and buyer verification.Live in one unit while renting the other, accommodate extended family with separate living spaces, or add a versatile multifamily property to your investment portfolio.The seller is motivated—schedule your showing and submit your offer today! Buyers and buyers’ agents should independently verify rental income, property measurements, taxes, zoning, licensing requirements, and all information relevant to their intended use.

Highlights

Listed by Adrienne Ponce , 586-339-4870 EXP Realty Main , 888-501-7085.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1930

County

Wayne

School District

Detroit

Listing ID

20261071788

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$258
Taxes
$550

Home Price

$116,000

Loan Details

30 yrs
%

Down Payment

20%
$23,200
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Monthly Price:
$257.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $257.78 $549.50 $0.00 $807.28
Yearly $3,093.33 $6,594.00 $0.00 $9,687.33
Total $92,800.00 $197,820.00 $0.00 $290,620.00

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.