3026 Lothrop St

Off Market

3026 Lothrop St

Detroit MI 48206

2054 sq. ft.

0.08 ac.

Multi-Family

Last sold for $130,000

Ronnie Alauddin, last sold this property on 28 October 2026 after 45 days on market.

Overview

Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $800/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

Features

2 bathrooms

2054 sq. ft. floor area

0.08 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 3026 Lothrop St is $110k.

Median value

$110k

Estimated value range

$2.2k - $1m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3026 Lothrop St

2026

Sold

$130,000

28 Oct 2026 by Ronnie Alauddin

2024

Rented

Undisclosed

20 Jun 2024 by Brass Titan LLC

2022

Sold

$122,000

08 Nov 2022 by Nick Jaafar, of KELLER WILLIAMS LEGACY

Happy sellers in Detroit

We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 79 multi families similar to 3026 Lothrop St, have been sold.

This represents a 3% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Detroit for a market analysis.

Randall Fogelman

at O'Connor Realty Inc

(97 reviews)

Get a market analysis

Erik Hill

at Nika & Co

4.9

(15 reviews)

Get a market analysis

Mark Poloney

at REMAX First | Royal Oak

(3 reviews)

Get a market analysis

Nada Chamoun

at Apex Realty Centers

(17 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

Randall Fogelman

Sellers who recommend Randall Fogelman have praised them for being local expert, supportive, responsive, reliable, clear communication, great negotiation, and patient