4059 Tyler Street, Detroit City, MI 48238
SULLIVANS DEXTER BLVD 1 · Wayne County
Key Facts
Description
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!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Triplex
Year Built
1930
Living Area
4,002 sq ft
Lot Size
0.09 acres
Lot Dimensions
35X116
Parking Spaces
3
Days on Market
29
MLS® Listing#
20261010032
Property Features
Exterior
Cooling
Heating
Basement
Pool
Parking
Patio
Construction
Foundation
Sewer
Water Source
Financial Details
Annual Taxes
$9,525
Assessed Value
$75,200
Parcel Number
W14I005254S
Directions
South on Livernois, Make a left onto Tyler St
Affordability Calculator
$39,980
Estimated monthly payment
$1,064/mo
Principal $159,920 · Est. interest $223,103 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $231,966
- Median Listing Price
- 55
- Median Days on Market
- 1,491
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 14,074
- Active Listings
- This home’s price is 14% below the area median.
- Its price per sq ft is 63% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
- 4059 Tyler Street, Detroit City, MI 48238
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Stewart Elementary School
Elementary · 0.5 mi away
Hope Academy
School · 0.5 mi away
McKerrow School
School · 0.9 mi away
Keidan Special Education Center
Elementary · 0.9 mi away
Joy Preparatory Academy
School · 1.0 mi away
Renaissance Head Start
School · 1.1 mi away
Central High School
Secondary · 1.1 mi away
Mark Glazer Elementary School
Elementary · 1.2 mi away
New Paradigm Glazer Academy
School · 1.2 mi away
Flagship Charter Academy
School · 1.2 mi away
Commonwealth Community Dev Academy
School · 1.2 mi away
National Heritage Academies
Elementary · 1.2 mi away
Noble Elementary-Middle School
Elementary · 1.2 mi away
Durfee Elementary Middle School
Elementary · 1.2 mi away
Thurgood Marshall Elementary Middle School
Elementary · 1.4 mi away
Mosque-El Hagg School
School · 1.4 mi away
Detroit Job Corps Center
School · 1.4 mi away
Brady Elementary School
Elementary · 1.5 mi away
Muhammad University of Islam
School · 1.6 mi away
Renaissance Head Start
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4342 tyler Street, Detroit City, MI | $139,990 | 4 | 2 | 2,112 |
| 268 S Paddock Street, Pontiac City, MI | $139,995 | 4 | 1 | 1,279 |
| 2051 CALVERT Street, Detroit City, MI | $139,999 | 6 | 4 | 3,304 |
| 6539 Greenview Avenue, Detroit City, MI | $139,999 | 4 | 2 | 1,248 |
| 14725 Agnes Avenue, Eastpointe City, MI | $140,000 | 4 | 2 | 1,268 |
| 14376 Mansfield Street, Detroit City, MI | $140,000 | 5 | 2 | 2,777 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: Time Wise Realty Group LLC - 7345901150
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