2333/2335 Ferris Street Detroit, MI ^$ 195,000

2333/2335 Ferris Street

^$ 195,000

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2333/2335 Ferris Street

Detroit, MI, 48209

^$ 195,000

Studio Baths4.0 Sq 2,720

Monthly Estimate*

^$ 1,217

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Studio

Multi-Family Home for sale in Detroit, MI

for $195,000 with 4 full baths. This 2,720 square foot home was built in 1912 on a lot size of 0.07.

Fantastic investment opportunity to own a duplex in Southwest Detroit. This property offers strong cash flow with great tenants already in place, making it an excellent investment for both new and seasoned investors. 2329 Ferris st is included in the sale. 2 new water heaters, Roof is approximate 5 years of age.Separate apartment units! Great long-term tenants (leases in place)! Buyer must honor all existing leases! Steady income & cash flow potential! Located in a rapidly developing area of Detroit. Situated near the exciting new Gordie Howe International Bridge project, this area is experiencing strong growth and revitalization. The property is also close to local shops, restaurants, parks, and major freeways, providing easy access to Downtown Detroit and Windsor, Canada. Showings by Appointment Only. Please do not disturb tenants. AS-IS SALE! Motivated seller. CASH ONLY. All information is estimated and not guaranteed; buyers should verify independently. Call today to schedule your private showing!

Multi-Family Active

Price

^$ 195,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,901

Style

Bungalow

Lot Size

0.07

Year Built

1912

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251029763

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas WallFurnace

Possession SubjectToTenantRights

Garage Spaces 0.0

Architectural Style Bungalow

Pool Features None

Construction Materials Other

Pets Allowed No

Year Built 1912

Levels Two

Property Subtype MultiFamily

County Wayne

Net Operating Income 20000.0

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name HARRAHS TOLEDO AVE SUB OF LT 2 P C 60 E WOODMERE

Garage Y/N N

Full Baths 4

Status Active

Directions 2333 Ferris st Detroit

City DetroitCity_Wayne

Disclosures ActualIncome TaxesNotHomesteadExempt

Senior Community Y/N N

High School District Detroit

Zoning Description Residential

Number Of Units Total 2

MLS Area Area05101DetSouthOfGrandRiver

Lot Size Units Acres

Carport Y/N N

Number of Units Leased 2

Land Lease Y/N N

Tax Annual Amount 4901.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 55674

Expected Active Date 2025-08-22

Legal Description W FERRIS 241 HARRAHS TOLEDO AVE SUB L16 P11 PLATS W C R 20/191 30 X 100

Interior

Basement PartiallyFinished

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 2120.0

Half Baths 0

Below Grade Finished Area 600.0

Above Grade Finished Area Unit Type SquareFeet

Total Baths 4

Exterior

Water Source Public

Foundation Details Basement Poured

Spa N

Lot Dimensions 30X100

Lot Size Acres 0.07

Waterfront Y/N N

Road Frontage Type Paved

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2333

* Excluded Features

List By

Maria A Hernandez Garcia

Listing Agent

Exp Realty Main

Broker

(313) 399-3923

Phone

Affordability Calculator

$1,625

Per Month

Monthly Principal & Interest: $1,217
Monthly Property Taxes: $408
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$237,392

Percent of Sale Price 22%

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.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2025	$195,000	-2.50%	Price Down
8/22/2025	$199,999		Listed Price

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2333/2335 Ferris Street, Detroit, MI, 48209 is a Multi-Family Home for sale at $195,000 with 2,720 sqft and a lot size of 0.07. 2333/2335 Ferris Street is a studio with 4.0 baths and was built in 1912. The property's zip code is 48209 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/7/2025.

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2333/2335 Ferris Street

Multi-Family Home for sale in Detroit, MI

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