2901 GLENDALE Street, Detroit City, MI 48238
OAKMANS ROBT CHERRY LANE · Wayne County
Key Facts
Description
**Turnkey Investment Opportunity – 9-Property Portfolio in Growing Detroit Market** Don’t miss this rare opportunity to acquire a fully renovated portfolio of nine single-family homes, each offering 2 bedrooms, 1 bathroom, wood burning fireplace in each unit, with additional attic and basement space—ideal for added storage or future value potential. All properties were extensively renovated in 2024, featuring brand-new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, providing peace of mind and minimal maintenance for years to come. The kitchens have been completely updated with new flooring, cabinets, countertops, and appliances, while bathrooms include all new fixtures, delivering a clean, updated look tenants will love. This package also includes a vacant lot (2921 Glendale), currently used for tenant parking, adding convenience and increased rental appeal. Portfolio includes: 2903, 2907, 2911, 2915, 2919, 2921 (vacant lot) Glendale 12735, 12741, 12745 Lawton. All properties are lead certified and in compliance, making this a truly turnkey investment. Perfect for investors looking to scale quickly with a stabilized, updated rental portfolio. Important Details: Property rooms/room sizes are estimated and should be verified by the buyer or buyer’s agent. A processing fee of 495.00 is required to be paid to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance for added peace of mind. Don’t miss this opportunity schedule your showing today. All properties are occupied, please do not disturb the tenants.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Colonial
Year Built
1925
Living Area
1,378 sq ft
Lot Size
0.03 acres
Lot Dimensions
17.00 x 66.00
Parking Spaces
1
Days on Market
91
MLS® Listing#
20261020595
Property Features
Cooling
Heating
Basement
Pool
Construction
Foundation
Roof
Utilities
Financial Details
Annual Taxes
$9
Assessed Value
$100
Parcel Number
W12I004154S001
Directions
South of Davison/East of Livernois
Affordability Calculator
$193,000
Estimated monthly payment
$5,136/mo
Principal $772,000 · Est. interest $1,077,009 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $230,105
- Median Listing Price
- 61
- Median Days on Market
- 1,484
- Median Sq Ft
- $133
- Median Price / Sq Ft
- 13,620
- Active Listings
- This home’s price is 319% above the area median.
- Its price per sq ft is 425% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
Stewart Elementary School
Elementary · 0.1 mi away
Renaissance Head Start
School · 0.5 mi away
Central High School
Secondary · 0.7 mi away
Mark Glazer Elementary School
Elementary · 0.7 mi away
New Paradigm Glazer Academy
School · 0.7 mi away
Durfee Elementary Middle School
Elementary · 0.8 mi away
Detroit Job Corps Center
School · 0.9 mi away
Hope Academy
School · 0.9 mi away
Keidan Special Education Center
Elementary · 1.1 mi away
Joy Preparatory Academy
School · 1.1 mi away
McKerrow School
School · 1.1 mi away
Thurgood Marshall Elementary Middle School
Elementary · 1.2 mi away
Brady Elementary School
Elementary · 1.3 mi away
Mosque-El Hagg School
School · 1.4 mi away
Renaissance Head Start
Elementary · 1.5 mi away
University Prep Art & Design Elementary
Primary School · 1.6 mi away
Jamieson Elementary School
Elementary · 1.7 mi away
George Washington Carver Elementary School
Elementary · 1.7 mi away
Flagship Charter Academy
School · 1.7 mi away
Commonwealth Community Dev Academy
School · 1.7 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 |
|---|---|---|---|---|
| 2683 Central, Detroit City, MI | $735,000 | 20 | 10 | 12,319 |
| 8133 Kentucky Street, Detroit City, MI | $749,999 | 24 | — | — |
| 14440 Frankfort Street, Detroit City, MI | $800,000 | 44 | — | 32,934 |
| 14440 Frankfort Street, Detroit City, MI | $800,000 | 44 | 32 | 32,934 |
| 19131 Lahser Road, Detroit City, MI | $900,000 | 28 | 16 | 15,106 |
| 12741 Lawton Street, Detroit City, MI | $965,000 | 18 | 9 | 1,358 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: Realtyflo Inc - 3134667253
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