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    9369 Genessee St Detroit, MI 48206

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    For Sale
    $330,995

    Four-unit property with recent upgrades, suitable for investors.

    Lot size:
    0.12 Acres

    Property Features for 9369 Genessee St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1924

    Source: Develop Detroit Realty & Construction Group Agent Al D Lucy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Four-Unit Investment Opportunity

    This four-family unit offers an investment opportunity for both short and long-term investors. Each unit features two bedrooms, a separate living room and dining room, and access to a shared basement split between the upper and lower units on each side of the property. All units have a front porch, and there is one main entry door into the building. Recent improvements include new brickwork on the front porch, a brand new front door with electronic locks for all units, and updated plumbing as of 2023. Three of the four units have been freshly painted and feature numerous upgrades. The property has separate utility meters for all units.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1154717
    Latitude
    42.3736162

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with recent upgrades, suitable for investors.
    Where is this quadplex located?
    The property is located at 9369 Genessee St Detroit, MI.
    What is the asking price?
    The asking price for this property is $330,995.
    What are key features of this property?
    This property features: - Great investment opportunity for both short and long term investors.; - Separate utility meters for all units.; - Updated plumbing as of 2023.
    (313) 835-0500
    Request Owner's contact information
    9369 Genessee St Detroit, MI 48206
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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
    9369 Genessee St Detroit, MI 48206
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