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Colonial Quadplex
For Sale
$30,000

3336 Monterey Street, Detroit, MI 48206

MULTI_FAMILY - Colonial - Detroit, MI

Property Size4,908 SF
Lot Size0.14 Acres
Price / SF$6.11
Days on Market322

Property Features for 3336 Monterey Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 2, Bedroom 8, Basement, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 7
Subdivision Linwood Heights
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions E. of Dexter, S. of Davison
Standard status Active
APN W12I003695S
Size 4,908 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description N MONTEREY E 17.50 FT 320 321 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50
Tax Annual Amount 2319
Legal Description N MONTEREY E 17.50 FT 320 321 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1925
Floors in Building 2
Number of units 4
Building materials Brick
Architectural style Colonial
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Sep 24, 2025 Changed: Aug 2 Last Checked: Aug 11 at 5:06PM
MLS# 20251037225

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 3336 Monterey Street in Detroit, Michigan, this Colonial-style quadplex is built with brick construction and includes a basement. The property is configured as a four-unit multifamily building with a total size of 4,908 square feet on a 0.14-acre lot. Heating is provided via forced-air systems, and water service is public.

The property is zoned Residential. Additional interior details include multiple bedrooms and bathrooms as listed in the room breakdown, along with basement space.

Please note the sale is described as contingent on a buyer/seller executed development agreement. Proposal requirements include POF documentation with the proposal, development timelines, and inclusion of offer amounts. Renovation experience requirements specify inclusion of addresses and before/after photos. The Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership, and requests to waive that tax capture rights may require a payment in lieu of taxes.

Key Highlights

  • Four‑unit quadplex configuration
  • 4,908 square feet of total building area
  • 0.14‑acre lot size

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

322
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Four-unit Colonial quadplex with brick construction, forced-air heat, and public water.
Where is this quadplex located?
The property is located at 3336 Monterey Street 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: Four‑unit quadplex configuration; 4,908 square feet of total building area; 0.14‑acre lot size
More about this property
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