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Detroit Investment Opportunity: Four Units
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2626 Tyler St, Detroit, MI 48238

Four-unit property in Detroit's Dexter-Linwood neighborhood, ideal for redevelopment.

Property Size3,696 SF
Lot Size0.07 Acres
Days on Market167

Property Features for 2626 Tyler St

General Information

Standard status Active
Size 3,696 SF
Lot size 0.07 Acres
Property subtype Investment

Building Details

Building Size 3,696 SF
Year Built 1924
Units 4
Listing Agency: SCS Great Lakes INC
Listed By: Erick Monzo
Source: Elliman
Added: Mar 11 Changed: Aug 9 Last Checked: Aug 24 at 10:49AM

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 SCS Great Lakes INC

Investment Insights

Based on property information with market context.

This four-unit property presents an investment opportunity in Detroit's Dexter-Linwood neighborhood. Each unit includes two bedrooms and one bath, suitable for a redevelopment project with rental potential. The property is government-owned and part of the Detroit Land Bank Authority (DLBA) program. Interested buyers must submit a proposal that includes a project proposal with intended use and timeline, proof of funds, scope of work with renovation costs, and proof of previous projects with addresses and photos. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context. The sale is contingent on executing a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five tax years following the transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Key Highlights

  • Four‑unit property ideal for redevelopment with strong rental potential.
  • Each unit features two bedrooms and one bath.
  • Located in the Dexter‑Linwood neighborhood of Detroit.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Restaurant Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in Detroit's Dexter-Linwood neighborhood, ideal for redevelopment.
Where is this quadplex located?
The property is located at 2626 Tyler St Detroit, MI.
What are key features of this property?
This property features: Four‑unit property ideal for redevelopment with strong rental potential.; Each unit features two bedrooms and one bath.; Located in the Dexter‑Linwood neighborhood of Detroit.
More about this property
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