553 Belmont Street Detroit, MI $ 350,000
553 Belmont Street
$ 350,000
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553 Belmont Street

Detroit, MI, 48202
$ 350,000
Baths2.0 Sq 2,204

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 2,204 square foot home was built in 1910 on a lot size of 0.13.

THIS PROPERTY HAS BEEN APPRAISED FOR $350,000 WE CAN EMAIL YOU THE REPORT. Discover this beautifully renovated multifamily home in the heart of Detroit! This spacious property features two separate units, each offering 2 comfortable bedrooms and 1 full bathroom, making it an excellent option for multi-generational living, house hacking, or a solid investment opportunity. Both units have been recently remodeled, featuring fresh paint, updated flooring, and modern finishes throughout, creating a warm and inviting atmosphere. The kitchens are functional and stylish, perfect for everyday living or tenant use. As an investment property you can generate $1500 per month per unit. That's $36,000 gross annually! Whether you're looking to live in one unit and rent the other, or simply add a turnkey rental property to your portfolio, this home offers flexibility and income potential. Located in a growing area of Detroit, you'll be close to shopping, schools, public transportation, and major roadways, everything you need is just minutes away. Don't miss this incredible chance to own a beautifully updated duplex in a city full of opportunity. Schedule your showing today! This property has an alarm and is being monitored and recorded via camera system.

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Multi-Family Active

Price

$ 350,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,119

Style

Colonial

Lot Size

0.13

Year Built

1910

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60915468

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1910
Subdivision Moore Hodges & Warrens Sub MI
Water Heater Gas
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Detroit
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Off of Oakland or Brush Between Harmon and E Boston Blvd
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description N BELMONT E 45 FT 75 MOORE HODGES & WARRENS L14 P13 PLATS W C R 3/119 45 X 125
DOM 160
Postal Code 48202
Price Per Sq Ft Total AG 158.8
Public Remarks THIS PROPERTY HAS BEEN APPRAISED FOR $350
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Interior
Basement Poured
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Vinyl Siding
Frontage 45
Lot Size Area 0.13
Lot Dimensions 45X125
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Sotero Lopez II

Listing Agent

Exp Realty Main

Broker

sotero@lopezrealtyteam.com

Email

Affordability Calculator

$2,360
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$177
Monthly 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
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2025$350,000 Listed Price

Map


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553 Belmont Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $350,000 with 2,204 sqft and a lot size of 0.13. 553 Belmont Street is a studio with 2.0 baths and was built in 1910. The property's zip code is 48202 which is in Detroit, MI