3336 Monterey St, Detroit, MI 48206

Building Details

Year Built

1925

Listing office Bellabay Realty Tri-Counties n***@comcast.net Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

This four-unit multifamily property, encompassing almost 5,000 square feet, is located in an emerging Detroit neighborhood and presents an exceptional opportunity. The sale is contingent on the execution of a development agreement between the buyer and seller. Proposals must include proof of funds documentation, development timelines, and offer amounts. Renovation experience, whether with the Detroit Land Bank Authority (DLBA) or not, must be demonstrated with addresses and before-and-after photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant Gym & Fitness Center Skin Care Clinic Nail Salon Big Box & Wholesale Store

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

Location Insight

• Map
• Local Demand

City

Detroit

County

Wayne

State

Michigan

Longitude

-83.1248

Latitude

42.3826

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FAQs

What type of property is this?

Quadplex - Four-unit multifamily property in Detroit's emerging neighborhood.

Where is this quadplex located?

The property is located at 3336 Monterey St Detroit, MI.

What is the asking price?

The asking price for this property is $30,000.

What are key features of this property?

This property features: Large 4‑unit multifamily property with almost 5,000 square feet.; Located in an emerging Detroit neighborhood.; Offers **great potential for renovation and development**.