3281 Glendale Street, Detroit, Michigan 48238

$229,900

Property Details

MLS#: 20251033737
Bedrooms: 5
Bathrooms: 1.5
Square Feet: 2,274
Price per Sqft: $101
Lot Size: 0.1 acres
Year Built: 1925
Property Type: Residential
Status: Active
Days on Market: 151

Market Analysis

Estimated Value (CMA): $134,166
Area Avg Price/Sqft: $59
This Property: $101/sqft ($42 above area average)
Price Position: +71.0% vs comparable homes
Comparable Properties Analyzed: 1

Description

Nestled in the heart of Detroit, Michigan, the single-family residence at 3281 Glendale ST presents a unique opportunity. This property, with its inherent charm, stands ready to be reimagined. The residence includes five bedrooms, providing an abundance of private space. Imagine the possibilities: transform each room into personalized sanctuaries, spaces for creativity, or havens for restful nights. Constructed in 1925, this home carries a legacy within its walls. Consider the stories it holds and the potential it offers to craft your own narrative within its structure. This property is tenant-occupied at $1,990 per month, generating nearly $24,000 annually in rental income. At the $230,000 asking price, that’s a 10.4% gross ROI—a strong return and immediate cash flow opportunity for investors. Located just one block east of the highly desirable Russell Woods neighborhood, this property combines updates, income, and location—making it a smart addition to any rental portfolio. Do not disturb tenant.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 3281 Glendale Street?

3281 Glendale Street is listed at $229,900, or $101 per square foot.

How many bedrooms does 3281 Glendale Street have?

This property has 5 bedrooms and 1.5 bathrooms, with 2,274 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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