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.
For sale
Price cut: $1.2M (5/7)
$200,000
3920 Devonshire Rd, Detroit, MI 48224
4beds
2,392sqft
Est.:
Duplex
Built in 1941
-- sqft lot
$-- Zestimate®
$84/sqft
$-- HOA
What's special
- 11 days |
- 105 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Samar Taha 313-888-7653,
Sonic Realty LLC 313-484-4696
Source: Realcomp II,MLS#: 20261032525
Tour with a local agent
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: 4,791.6 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: $84/sqft
- Tax assessed value: $13,562
- Annual tax amount: $1,452
- Date on market: 5/7/2026
- Cumulative days on market: 11 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
Not available
Estimated sales range
Not available
$1,068/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | $18,891 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Morningside
Nearby schools
GreatSchools rating
- 2/10Brown Ronald AcademyGrades: PK-8Distance: 0.4 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48224
- Morningside
- 3920 Devonshire Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
