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Multifamily Property with Classic Character
For Sale
$40,000

3262 Tuxedo St, Detroit, MI 48206

This 1924-built property offers traditional character near New Center, Midtown, and Henry Ford Health.

Property Size2,580 SF
Price / SF$15.50
Days on Market20

Property Features for 3262 Tuxedo St

General Information

Standard status Active
Size 2,580 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes

Building Details

Year Built 1924
Listing Agency: RE/MAX Team 2000
Listed By: Sam Hantosh · License #6501348723
Source: Premiermichiganhomesearch
Added: Aug 26 Changed: Sep 5 Last Checked: Sep 13 at 3:45PM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

Built in 1924, this 2,580-square-foot multifamily property retains traditional character and generous living areas. The residence is offered in as-is condition, giving buyers the opportunity to evaluate the existing improvements and plan future work according to their objectives.

The property is located in Detroit’s 48206 area at 3262 Tuxedo St. New Center, Midtown, and Henry Ford Health are nearby, while M-10 and I-96 provide freeway access. Buyers and their agents should independently verify all measurements and other property information.

Key Highlights

  • 2,580‑square‑foot multifamily property
  • Built in 1924
  • Located at 3262 Tuxedo St, Detroit, MI 48206

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic Parking Lot & Garage

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - This 1924-built property offers traditional character near New Center, Midtown, and Henry Ford Health.
Where is this multifamily property located?
The property is located at 3262 Tuxedo St Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: 2,580‑square‑foot multifamily property; Built in 1924; Located at 3262 Tuxedo St, Detroit, MI 48206
More about this property
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