4059 Tyler St

Detroit MI 48238

2668 sq. ft.

0.09 ac.

Multi-Family

Currently for sale - view listing

Overview

Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit's consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today's market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!

Features

3 bathrooms

2668 sq. ft. floor area

0.09 ac. lot size

Multi-Family

Property history for 4059 Tyler St

2023

Sold

$140,000

31 May 2023 by Timothy Moore, of Zest Realty LLC

2019

Sold

$53,500

11 Oct 2019

2017

Sold

$27,000

17 Apr 2017 by Derrick Garland, of Downtown Realty

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