403 Mt Vernon Street Detroit, MI ^$ 350,000

403 Mt Vernon Street

^$ 350,000

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403 Mt Vernon Street

Detroit, MI, 48202

^$ 350,000

Studio Baths2.0 Sq 1,853

Monthly Estimate*

^$ 2,184

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Studio

Multi-Family Home for sale in Detroit, MI

for $350,000 with 2 full baths. This 1,853 square foot home was built in 1915 on a lot size of 0.24.

Turnkey 2-unit property located at 415 Mt Vernon in Detroit's rapidly developing North End. Each unit features 2 bedrooms and 1 full bath, fully renovated with updated roof, windows, electrical, plumbing, furnace, water heater, and fresh exterior paint. The home sits on a fully fenced double lot, with 403 and 407 Mt Vernon included in the sale perfect for added outdoor space, parking, or future development. A new Back porch adds charm, and gated off-street parking is available. Long-term tenants in place generating steady income. Do not disturb tenants. Showings will be scheduled only after an accepted offer. Located near the Q-Line, Fisher Building, and just minutes from New Center, Midtown, and Downtown. Some of the photos are prior to leasing. BATVAI

Multi-Family Pending

Price

^$ 350,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 34

Style

Colonial

Lot Size

0.24

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60404110

Features

General

Heating Forced Air

Cooling Central A/C

Possession Subject To Tenant Rights

Water Public Water

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1915

Subdivision Kochs Sub MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 23700

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20251009087

Directions Corner of Mt. Vernon and Brush

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. N MT VERNON 112KOCHS SUB L8 P14 PLATS WCR 1/108 33.3 X 110

DOM 43

Postal Code 48202

Price Per Sq Ft Total AG 188.88

Public Remarks Turnkey 2-unit property located at 415 Mt Vernon in Detroit's rapidly developing North End. Each unit features 2 bedrooms and 1 full bath fully renovated with updated roof windows electrical plumbing

Exterior

Exterior Wood

Exterior Amenities Fenced Yard

Lot Size Area 0.24

Lot Dimensions 99.9X110

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Alan Davidov

Listing Agent

Kw Domain

Broker

alan@tapcre.com

Affordability Calculator

$2,186

Per Month

Monthly Principal & Interest: $2,184
Monthly Property Taxes: $3
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$230,468

Percent of Sale Price 34%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/17/2025	$350,000		Listed Price

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403 Mt Vernon Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $350,000 with 1,853 sqft and a lot size of 0.24. 403 Mt Vernon Street is a studio with 2.0 baths and was built in 1915. The property's zip code is 48202 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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403 Mt Vernon Street

Multi-Family Home for sale in Detroit, MI

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