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Detroit Multifamily Colonial Opportunity

3336 Monterey Street Detroit, MI 48206

3336 Monterey Street, Detroit, MI, 48206
$30,000
For Sale
$30,000

MULTI_FAMILY - Colonial - Detroit, MI

Property Size4,908 SF
Lot Size0.14 Acres
Price / SF$6.11
Days on Market302

Property Features for 3336 Monterey Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Basement, Bathroom 1, Bedroom 3, Bedroom 8
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

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 Updated: Jul 11 at 2:33AM Checked: Jul 22 at 1:06PM
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 in Detroit, Michigan, this multifamily property features four units within its almost 5,000 square feet. The property is zoned for residential use and situated on a lot of approximately 0.14 acres. This colonial-style building presents an exceptional opportunity in one of Detroit's emerging neighborhoods. The sale is contingent on the execution of a development agreement between the buyer and seller. Note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 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.

Key Highlights

  • 4‑unit multifamily property offering almost 5,000 sq ft
  • Built in 1925 with Colonial architecture and brick construction
  • Forced‑air heating; public water source

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

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

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property with great potential in Detroit neighborhood.
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: 4‑unit multifamily property offering almost 5,000 sq ft; Built in 1925 with Colonial architecture and brick construction; Forced‑air heating; public water source
Contact an agent
More about this property
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