Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1050/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began June 2023, rent increased as of June 2024. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.**
Sold for $66,100 on 05/19/25
$66,100
7345 Penrod St, Detroit, MI 48228
2beds
800sqft
Single Family Residence
Built in 1939
5,227.2 Square Feet Lot
$66,700 Zestimate®
$83/sqft
$1,203 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 11:00pm
Listed by:
Bailee Clanton 313-774-4005,
Home Source Realty LLC
Bought with:
Mohammed Halemi, 6501450769
Simon & Associates Real Estate
Source: Realcomp II,MLS#: 20250010414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 800 sqft
- Finished area above ground: 800
Property
Parking
- Parking features: No Garage
Features
- Levels: One and One Half
- Stories: 1
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 5,227 sqft
- Dimensions: 40.00 x 138.00
Details
- Parcel number: W22I078199S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: WESTHAVEN (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
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
$66,700
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
$66,700