$425,000
5907 iroquois street, detroit, MI 48213
Property Description
Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Current Rental Income: • Unit 1: Three bedrooms, rented at $1,650/month • Unit 2: Three bedrooms, rented at $1,650/month • Unit 3: Two bedrooms, rented at $950/month • Unit 4: Three bedrooms, currently vacant With one unit available, there’s immediate potential to increase revenue by leasing the vacant space. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away ? This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating
General Information
Price: $425,000
Price/SqFt: $91
Status: Active
MLS#: 20240085916
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: stephens elm pk (plats)
Acres: 0.15
Lot Dimensions: 60.00 x 110.00
Bedrooms:0
Bathrooms:4 (4 full, 1 half)
Size: 4,680 sq.ft.
Acreage: 0.15 est.
Year Built: 1923
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Aluminum, Brick
Basement: 1
Heating: Hot Water
Heating: Hot Water
Tax, Fees & Legal
Est. Summer Taxes: $6,768
Est. Winter Taxes: $787
Est. Winter Taxes: $787
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: LaKisha M Dansby of KW Metro, Phone: (248) 288-3500