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    4268 Cortland St Detroit, MI 48204

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    For Sale
    $159,900

    Updated multifamily home in desirable Russell Woods neighborhood with rental income.

    Property size:
    2,000 SF
    Lot size:
    0.09 Acres

    Property Features for 4268 Cortland St

    General Information

    Size
    2,000 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1948

    Source: KW Metro Agent Michell Apati

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Multifamily Home in Russell Woods

    This multifamily home is located in the Russell Woods neighborhood of Detroit, known for its historic homes and community. The property has been updated with new flooring, new windows, and fresh paint throughout. The property offers flexibility and long-term value for investors or those seeking a place to live. Each unit has rental potential, making it a smart investment in one of Detroit’s most desirable neighborhoods. Some mechanicals have already been addressed. The property size is 2000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.132559
    Latitude
    42.3816011

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    FAQs

    What type of property is this?
    Duplex - Updated multifamily home in desirable Russell Woods neighborhood with rental income.
    Where is this duplex located?
    The property is located at 4268 Cortland St Detroit, MI.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Multi-family home in the desirable Russell Woods neighborhood.; - Rental income potential of $2,200-$2,600 per month.; - Option to live in one unit and rent out the other.
    (313) 274-7200
    Request Owner's contact information
    4268 Cortland St Detroit, MI 48204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4268 Cortland St Detroit, MI 48204
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