Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.
Sold for $121,000
Zestimate®
$121,000
3920 Devonshire Rd, Detroit, MI 48224
4beds
2,392sqft
Duplex
Built in 1941
-- sqft lot
$121,000 Zestimate®
$51/sqft
$1,140 Estimated rent
Home value
$121,000
$114,000 - $129,000
$1,140/mo
Zestimate® history
Owner options
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$1,140/mo
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$1,140/mo
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$696/mo
Est. payment
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$696/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Samar Taha 313-888-7653,
Sonic Realty LLC
Bought with:
Nicholas M Zeoli, 6501399249
Real Broker, LLC
Source: Realcomp II,MLS#: 20261032525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,392 sqft
- Finished area above ground: 2,392
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 114
Details
- Parcel number: W21I070447S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Brick, Wood Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: EAST DETROIT DEV COS SUB 2
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $13,562
- Annual tax amount: $1,452
- Date on market: 5/7/2026
- Cumulative days on market: 23 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $121,000-39.5%$51/sqft |
Source:  Realcomp II #20261032525 Report a problem | ||
| 8/7/2026 | Pending sale | $200,000$84/sqft |
Source: Realcomp II #20261032525 Report a problem | ||
| 5/7/2026 | Price change | $200,000-85.7%$84/sqft |
Source: Realcomp II #20261032525 Report a problem | ||
| 1/15/2026 | Listed for sale | $1,400,000+1307%$585/sqft |
Source: Realcomp II #20261003215 Report a problem | ||
| 7/14/2022 | Sold | $99,500$42/sqft |
Source: Realcomp II #2220034713 Report a problem | ||
| 6/28/2022 | Pending sale | $99,500$42/sqft |
Source: Realcomp II #2220034713 Report a problem | ||
| 5/23/2022 | Listed for sale | $99,500+556%$42/sqft |
Source: Realcomp II #2220034713 Report a problem | ||
| 8/14/2019 | Listing removed | $650 |
Source: IPMD Report a problem | ||
| 8/3/2019 | Listed for rent | $650 |
Source: IPMD Report a problem | ||
| 6/10/2015 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 5/28/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 4/29/2015 | Sold | $15,167$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $59,200 +27% |
| 2024 | -- | $46,600 +31.6% |
| 2023 | -- | $35,400 +23.8% |
| 2022 | -- | $28,600 +11.3% |
| 2021 | -- | $25,700 |
| 2020 | $2,337 +53.5% | $25,700 +19.5% |
| 2019 | $1,523 | $21,500 +20.1% |
| 2018 | $1,523 | $17,900 +2883.3% |
| 2017 | -- | $600 -53.8% |
| 2016 | $87 | $1,300 |
| 2015 | $87 -31.4% | $1,300 +2.5% |
| 2013 | $127 +45.7% | $1,268 |
| 2010 | $87 | $1,268 |
| 2009 | -- | $1,268 -97.5% |
| 2008 | -- | $50,763 |
| 2007 | -- | $50,763 +5.5% |
| 2005 | $584 | $48,117 +3% |
| 2004 | -- | $46,716 +139.6% |
| 2001 | $1,623 +10.1% | $19,495 +3.2% |
| 2000 | $1,474 | $18,891 |
Find assessor info on the county website
Neighborhood: Morningside
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Nearby schools
GreatSchools rating
- 2/10Brown Ronald AcademyGrades: PK-8Distance: 0.3 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 0.8 mi
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Estimated market value
$121,000
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Estimated market value
$121,000
- Michigan
- Wayne County
- Detroit
- 48224
- Morningside
- 3920 Devonshire Rd
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