Discover a lucrative investment opportunity in Detroit's Islandview neighborhood which is prime for development. This meticulously remodeled duplex is located near Indian Village and West Village neighborhoods and offers savvy investors the chance to secure a prime cash-flowing property in an area that is seeing a lot of development. Currently, both units are tenant-occupied, ensuring immediate cash flow. The tenants cover all utilities and rent payments are managed by a trusted agency which ensures reliable monthly income.The property not only provides excellent returns but also opens up opportunities with the neighboring land, which could be utilized for added parking, the creation of a community garden, or embarking on new development ventures. This duplex is just moments away from an array of local restaurants, shops and cafes which makes it appealing to tenants seeking convenience and culture. Not to mention it's a short drive from downtown Detroit and a quick bike ride to Belle Isle.
Sold for $243,500 on 02/16/24
$243,500
3037 Van Dyke St, Detroit, MI 48214
4beds
2,035sqft
Multi Family
Built in 1914
-- sqft lot
$261,700 Zestimate®
$120/sqft
$1,186 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 17, 2024 at 08:41am
Listed by:
Tegest Walker 313-520-0336,
Berkshire Hathaway HomeServices The Loft Warehouse
Bought with:
Roberta M Nebus, 6501367931
Real Estate One-WB/FH
Source: Realcomp II,MLS#: 20230083884

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,035 sqft
- Finished area above ground: 2,035
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,049 sqft
- Dimensions: 30.00 x 102.00
Details
- Parcel number: W17I010227S
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block, Brick Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1914
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: BEALS & CAMERONS
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$261,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$261,700