Detroit Four-Unit Investment
For Sale
$230,000
2675 W Buena Vista St, Detroit, MI 48238
Remodeled four-unit property with consistent income stream in Detroit.
Lot Size0.09 Acres
Days on Market142
Property Features for 2675 W Buena Vista St
General Information
Standard status
Active
Lot size
0.09 Acres
Property subtype
Investment
Building Details
Year Built
1925
Listing Agency:
Downtown Realty
(734) 301-6553
Listed By:
Marta Kopania · License #6501424283
(734) 301-6553
Source:
Elliman
Added: Mar 11
Changed: Jul 6
Last Checked: Jul 30 at 10:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Downtown Realty
Investment Insights
Based on property information with market context.
Located in Detroit, this four-unit property presents an investment opportunity. Each of the four units includes one bedroom. The units have been recently remodeled and feature newly installed furnaces and hot water tanks. The complex has brand new electrical and plumbing systems. The units feature fresh paint and new carpets. Currently, three units are leased to Section 8 tenants, and one unit is rented to a cash tenant. The total monthly rent is $3315, amounting to $39780 annually. Tenants are responsible for all utilities except water.
Key Highlights
- Consistent income stream of $3315 monthly/$39780 annually.
- Four recently remodeled units, each with one spacious bedroom.
- New electrical and plumbing systems throughout the entire complex.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
Business Placement
Demographics for 48238, MI
25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Remodeled four-unit property with consistent income stream in Detroit.
Where is this quadplex located?
The property is located at 2675 W Buena Vista St Detroit, MI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Consistent income stream of $3315 monthly/$39780 annually.; Four recently remodeled units, each with **one spacious bedroom**.; New electrical and plumbing systems throughout the entire complex.
