8343 American ST Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,268 sqft
Price per Sqft $67
Subdivision Frischkorns Tireman Park
MLS Listing ID 20251008113
Style Bungalow
Full Baths 2
Year Built 1926
Property Sub-Type MultiFamily
Property Description
National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants.
Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI—making it an ideal choice for both new and seasoned investors.
Don't miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area.
At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features Garage
Pool None
View Y/N No
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard