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Sold for $250,000 on 08/28/25
  • $250,000

    2741 Monterey St, Detroit, MI 48206

    6beds
    4,050sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $251,300 Zestimate®
    $62/sqft
    $1,314 Estimated rent

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    What's special

    Both units are currently tenant-occupied, with tenants paying $1,400 per unit. Investor's Dream in Detroit's Thriving Community! Located in a desirable area south of Davison and west of Linwood, this spacious 2-family brick flat at 2741 Monterey Street is a unique investment opportunity you won't want to miss. Each unit offers generous living space and versatile layouts, perfect for rental income or multi-generational living. Each unit are very large and spacious totaling 1525 sq ft each with 3 bedrooms and 1 bath. The basement is divided for tenant privacy. The first-floor unit features a bright living room (16x13), a formal dining room (13x12), a kitchen with an adjoining breakfast nook (10x4), and three spacious bedrooms (13x9, 11x10, 12x10). Upstairs, the second unit mirrors this layout with a slightly larger living room (18x12), providing ample room for comfort and flexibility. Set on a 35x120 lot, this property boasts a solid brick exterior with classic Detroit architectural charm. This property is one block away from Dexter where major developments are in motion like the Dexter Streetscape, Dexter Elmhurst Community Center (n.k.a., Helen Moore Community Center) renovation and new Park, Park & Open Space Improvements (Since 2021 to Date- Zussman, Russell Woods, Nardin Park, Dexter Tree Planting), Faà §ade Improvement Projects, Dexter Mural Program and the Dexter Pop Up. Ask for the PDF doc of DEXTER AVE INVESTMENTS. Located near major roads, local schools, and minutes from the city's key attractions, 2741 Monterey Street is a promising investment for any investor looking to capitalize on Detroit's growing rental market. "This property has cameras inside and outside the premises"

    Zillow last checked: 8 hours ago

    Listing updated: August 29, 2025 at 10:12am

    Listed by:

    Sotero M Lopez II 586-863-3300,

    EXP Realty Main

    Bought with:

    Kelli Donoho, 6501431541

    Amin Realty

    Source: Realcomp II,MLS#: 20251022048MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Natural Gas
    Features
    • Basement: Finished,Full
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,050 sqft
    • Finished area above ground: 2,700
    • Finished area below ground: 1,350

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 35.00 x 121.00
    Details
    • Parcel number: W10I003416S
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Brick Mortar
    Condition
    • New construction: No
    • Year built: 1925
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: LINWOOD HEIGHTS SUB (PLATS)

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan
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    Estimated market value
    $251,300