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    130 Gladstone St Detroit, MI 48202

    Sponsored
    For Sale
    Under Contract
    $75,000

    Colonial - Detroit, MI

    Property size:
    3,204 SF
    Lot size:
    0.16 Acres
    Days on Market:
    113
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 130 Gladstone St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Residential
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    W02I001347S
    Parking
    3
    Parking features
    Garage
    Basement Y/N
    1
    Size
    3,204 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1912
    Floors in Building
    3
    Building materials
    Brick
    Architectural style
    Colonial

    Bellabay Realty Tri-Counties (248) 274-6614 [email protected]

    Listing agent Natasha C Richards (248) 274-6614

    Listing date Sep 15, 2025

    MLS# 20250030271 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Triplex Investment Opportunity

    This three-unit residential property is located in a rapidly developing area of Detroit, situated between the New Center Area and Boston Edison. The property features one unit with two bedrooms in the attic, and two units with three bedrooms each. This property presents an investment opportunity or a primary residence option, with convenient access to transit. It is located within walking distance to transit, and minutes away from Wayne State, entertainment venues, retail options, and downtown Detroit. The sale is contingent on the execution of a development agreement between the buyer and seller. Note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The lot size is 0.16 acres and the property size is 3204 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0825684
    Latitude
    42.3797545

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    FAQs

    What type of property is this?
    Triplex - Three-unit residential property in a rapidly developing Detroit neighborhood.
    Where is this triplex located?
    The property is located at 130 Gladstone St Detroit, MI.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Located in a rapidly developing area between New Center and Boston Edison.; - Three-unit building suitable for investment or primary residence.; - Walking distance to transit and close to Wayne State, entertainment, retail, and downtown.
    (313) 204-0310
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 Gladstone St Detroit, MI 48202
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