2-4 Unit Residential Income
6903 Penrod St Detroit, MI 48228
For Sale
$185,000
Residential income property configured as a 2 to 4 unit structure, suited for diversified rental revenue.
Lot Size0.12 Acres
Days on Market10
Property Features for 6903 Penrod St
General Information
Standard status
Active
Lot size
0.12 Acres
Property subtype
Investment
Building Details
Year Built
1929
Listing Agency:
Simple Fee Listings
(734) 674-6608
Listed By:
Randall Wolber · License #MISPE-6502431755
(734) 674-6608
Source:
Elliman
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 6:57AM
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Investment Insights
Based on property information with market context.
This multi-unit residential investment property is configured as a 2 to 4 unit structure. The offering is intended for generating residential income and provides an owner the ability to diversify revenue across multiple units within one building.
The property is located in Detroit, Michigan. Walkability and transit access are characterized as moderate to limited, with a car-dependent setting reflected by the provided walk and transit scores.
At 5,227 square feet of lot space, the property is positioned as a practical foundation for investors seeking a multi-unit residential hold in the Detroit market.
The property is located in Detroit, Michigan. Walkability and transit access are characterized as moderate to limited, with a car-dependent setting reflected by the provided walk and transit scores.
At 5,227 square feet of lot space, the property is positioned as a practical foundation for investors seeking a multi-unit residential hold in the Detroit market.
Key Highlights
- Year built 1929
- Multi‑unit residential investment property with 2 to 4 unit configuration
- 5,227 sq ft lot size in Detroit, MI
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property configured as a 2 to 4 unit structure, suited for diversified rental revenue.
Where is this multifamily property located?
The property is located at 6903 Penrod St Detroit, MI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Year built 1929; Multi‑unit residential investment property with 2 to 4 unit configuration; 5,227 sq ft lot size in Detroit, MI
