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Listed price in listed location currency (USD).
$1,350,000

24240

MLS® 58050198604

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 14388 sqft
Garage No
Taxes $14,161
Days Active 0
Lot Size 0.2 acres
Approx. Age 1925
Avg. Price Per Sqft $93
MLS® Number 58050198604

Property Address: 3205 Kendall St, Detroit, MI, 48238-3828

Average square foot calculated using Size range provided by listing agent.

Description

Stunning brick apartment complex located on Detroit's desirable west side in the Dexter/Linwood area. This 24-unit multifamily asset consists entirely of one-bedroom, one-bath units and is currently approximately 90% occupied, with a portion of Section 8 tenants. The property has seen several major capital improvements, including a roof approximately 5 years old, updated vinyl windows, a boiler replaced approximately 2 years ago, and a newer hot water tank. More than half of the units have been rehabilitated, offering immediate upside and reduced near-term capital expenditures. This stabilized asset operates at an impressive ~12% cap rate, generating approximately $150, 000 in net annual income. An excellent opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental corridor. Serious inquiries
MLS® Number58050198604
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2
Exterior
GarageNo
Approx. Age1925
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
3205 Kendall St, Detroit, MI

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