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    4053 Tyler St Detroit, MI 48238

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    For Sale
    $250,000

    Spacious, well-maintained three-unit brick home, perfect for investors.

    Lot size:
    0.09 Acres

    Property Features for 4053 Tyler St

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1930

    Source: Star Valley Realty LLC Agent Danielle L Strozeski

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

    Overview

    Three-Unit Brick Home For Sale

    This is a three-unit brick home suitable for investors seeking rental income. The property is rental city certified and has passed inspections through MSHDA/HUD. The total monthly collected rent is $3,738. Each unit features hardwood floors. A shared basement includes on-site laundry for tenant convenience. Off-street parking is available for residents. Heat and water are included, with renters responsible for electric. This property is located in Detroit, MI.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1334419
    Latitude
    42.3868313

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    FAQs

    What type of property is this?
    Triplex - Spacious, well-maintained three-unit brick home, perfect for investors.
    Where is this triplex located?
    The property is located at 4053 Tyler St Detroit, MI.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Turn-key, city certified rental property with passed MSHDA/HUD inspections.; - Generates $3,738 in total monthly rental income.; - Three separate units, ideal for investors or owner-occupancy.
    (586) 666-3324
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    4053 Tyler St 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
    4053 Tyler St Detroit, MI 48238
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