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4866 3 Mile Drive

Detroit MI 48224

1
4792 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Charming brick multi-family property located at 4866 Three Mile Dr in the heart of Detroit. Built in 1927, this 2-story gem features two spacious units, each with 2 bedrooms and separate utilities\u 2014making it a fantastic opportunity for investors or owner-occupants. Live in one unit and rent out the other, or convert it into a single-family home to suit your needs. The property boasts timeless brick construction, a welcoming front porch, and a full basement for additional storage or potential. Situated on a 40x120 lot with paved street access, this home offers low taxes and excellent income potential. Conveniently located near Warren E and Alter Rd, this property is a must-see for anyone looking to maximize their investment. Don\u2019t miss out on this versatile and profitable opport

Features

1 carspace
4792 sq. ft. lot size
Multi-Family

Happy sellers in Detroit

95%
95% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Detroit over the last 12 months.

Local market activity for multi families in Detroit

In the last 12 months, 44 multi families similar to 4866 3 Mile Drive, have been sold.

This represents a 15% decrease in multi families sales when compared to the previous 12 months.

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