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    3800 Tyler St Detroit, MI 48238

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    For Sale
    $259,000

    Newly renovated triplex featuring updated units and separate basements.

    Lot size:
    0.09 Acres

    Property Features for 3800 Tyler St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1927

    Source: RE/MAX First Agent Robert P Funk

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

    Overview

    Renovated Triplex in Detroit

    This is a newly renovated triplex featuring one 1-bedroom unit, one 2-bedroom unit, and one 3-bedroom unit with two full baths. Renovations completed in 2023 include new windows (with exceptions for historical purposes), new insulation, new electrical systems, new plumbing, new HVAC systems, new drywall, and new flooring. Each unit has a separate basement, furnace, and central air conditioning. Appliances included are a refrigerator, stove, washer, and dryer. The current rent is $1850, reflecting one vacant unit that was previously rented for $1150 per month. The property is located in Detroit, MI.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1319868
    Latitude
    42.3878926

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    FAQs

    What type of property is this?
    Triplex - Newly renovated triplex featuring updated units and separate basements.
    Where is this triplex located?
    The property is located at 3800 Tyler St Detroit, MI.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - Newly renovated triplex with updated electrical, plumbing, HVAC, and insulation in 2023.; - Three separate units: one 1-bedroom, one 2-bedroom, and one 3-bedroom (with 2 baths).; - Each unit has its own basement, furnace, and central air.
    (586) 215-8177
    Request Owner's contact information
    3800 Tyler St Detroit, MI 48238
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    Detroit, MI 48238
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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
    3800 Tyler St Detroit, MI 48238
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