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    14422 Maddelein St Detroit, MI 48205

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    For Sale
    $240,000

    Solid brick, four-unit building with reliable tenants and updated features.

    Lot size:
    0.11 Acres

    Property Features for 14422 Maddelein St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1930

    Source: Clyde Realty LLC Agent David Rabior

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

    Overview

    Detroit Colonial Four-Unit Building

    This solid brick, four-unit Colonial building is located on Maddelein Street in Detroit. Three units are currently rented to reliable tenants. The fourth unit has been recently renovated and is rent-ready. Each unit features a spacious layout, classic charm, and updated features. The property has been well maintained and offers potential for increased cash flow. The location is convenient to shopping, freeways, and public transportation. The property is intended for use as a multi-family residential income property. It presents an opportunity to add a strong-performing multi-family building to an investment portfolio.
    Location Intelligence

    Current Use by Public Records

    Detroit Rescue my ... Handyman/Handywoman/Handyperson

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -82.9746315
    Latitude
    42.4357258

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    FAQs

    What type of property is this?
    Quadplex - Solid brick, four-unit building with reliable tenants and updated features.
    Where is this quadplex located?
    The property is located at 14422 Maddelein St Detroit, MI.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Solid brick 4-unit Colonial in Detroit.; - Three units currently rented with reliable tenants, providing immediate income.; - **One unit recently renovated and rent-ready, offering immediate income potential.**
    (586) 260-4346
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    14422 Maddelein St Detroit, MI 48205
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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
    14422 Maddelein St Detroit, MI 48205
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