4059 Tyler Street, Detroit, Michigan 48238

$199,900

Property Details

MLS#: 20261010032
Bedrooms: N/A
Bathrooms: 3
Square Feet: 4,002
Price per Sqft: $50
Lot Size: 0.09 acres
Year Built: 1930
Property Type: ResidentialIncome
Status: Active
Days on Market: 8

Description

Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit’s consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today’s market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!

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 4059 Tyler Street?

4059 Tyler Street is listed at $199,900, or $50 per square foot.

How many bedrooms does 4059 Tyler Street have?

This property has N/A bedrooms and 3 bathrooms, with 4,002 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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