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USAMIDetroitLinwood Heights3235 Monterey St
Listing image | Image 1

3235 Monterey St, Detroit, MI

House

For Sale

Listed price in listed location currency (USD).
$279,995

040

MLS® 20261065042

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 3538 sqft
Garage 
Taxes $4,403
Days Active 0
Lot Size 0.14 Acres
Approx. Age 1924
Avg. Price Per Sqft $79
MLS® Number 20261065042

Property Address: 3235 Monterey St, Detroit, MI, 48206-1073

Average square foot calculated using Size range provided by listing agent.

Description

Investment opportunity in the highly sought-after Boston-Edison Historic District, currently generating rental income with 2 of the 4 units occupied and 2 units vacant and ready for a new tenant or owner-occupant, giving a buyer the flexibility to step into a cash-flowing property while still having the option to move into one of the open units themselves. For buyers who prefer full occupancy before taking ownership, the vacant units can also be leased up prior to closing upon request. The property was previously rented at $4, 200 per month when fully leased, with rent rolls available to support upon request. The current tenants have been in place for about a year and have consistently paid on time, and showings can be scheduled with just 24 to 48 hours' notice, making this one of the easier multi-unit properties to walk through compared to fully occupied buildings. This newly renovated property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions, including the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With income history already established, room to add value by leasing up the vacant units, and a prime location in one of Detroit's most notable historic districts, this property presents a compelling opportunity for investors seeking cash flow, an owner-occupant looking to house hack, or anyone eyeing long-term appreciation in a historic neighborhood on the rise.
MLS® Number20261065042
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
BasementUnfinished
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/C

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

157 days

Today, For Sale for $279,995

Brick facade with stone accents
For Sale · 0 days

$279,995

MLS® 20261065042

5 hours ago

Not Sold Yet

August 2026, For Sale for $279,995

Brick facade with stone accents
For Sale · 0 days

$279,995

MLS® 20261065042

5 hours ago

Not Sold Yet

March 2026, For Sale for $290,000

Traditional style home featuring brick siding and a front lawn
For Sale · 157 days

$290,000

MLS® 20261015773

5 months ago

Not Sold Yet

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