4535 Cadieux # 18 and 42 Detroit, MI $ 120,000
4535 Cadieux # 18 and 42
$ 120,000
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4535 Cadieux # 18 and 42

Detroit, MI, 48224
$ 120,000
Baths2.0 Sq 1,926

Monthly Estimate*

$ 739

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Studio

Multi-Family Home for sale in Detroit, MI

for $120,000 with 2 full baths. This 1,926 square foot home was built in 1972.

Welcome to 4535 Cadieux, an outstanding investment opportunity in the heart of Detroit’s 48224 ZIP code. This property features two separate units, each generating monthly rental income for a total of $2,000 per month SECTION 8. Each unit includes one dedicated parking spot, providing added convenience for tenants. There are no association fees, and the owner does not pay for water or gas—tenants are responsible for managing their own electrical utility bills. This arrangement makes the property a truly hassle-free investment with excellent income potential. The neighborhood offers convenient access to local amenities, sitting just 0.3 miles from the Cadieux Café and less than a mile from Balduck Park’s green spaces. Families will appreciate the proximity to Carleton Elementary School and East English Village Preparatory Academy, and grocery shopping couldn’t be easier with Aldi just 0.6 miles away. Quick access to I-94 ensures easy commutes and connections throughout Detroit. Nestled on a welcoming, tree-lined street, this property provides both a peaceful atmosphere and the benefits of urban living. Enjoy the vibrant community known for its friendly neighbors and strong sense of security—an attractive feature for potential tenants and owners alike. If you are seeking a well-located multifamily property with proven income and low expenses, 4535 Cadieux is an exceptional choice. Discover how this property can work for you.

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Multi-Family Active

Price

$ 120,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,950

Style

Upper Lower Apartment

Year Built

1972

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251030594

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials Brick
Pets Allowed CatsOk DogsOk
Year Built 1972
Levels One
Property Subtype MultiFamily
County Wayne
Net Operating Income 20000.0
Operating Expense 4000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WAYNE COUNTY CONDO PLAN NO 55 (EASTPOINTE)
Garage Y/N N
Rent Includes Sewer SnowRemoval TrashCollection Water
Full Baths 2
Status Active
Directions Take Mack to Cadieux north property
City DetroitCity_Wayne
Disclosures ActualIncome NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Multiple Residential
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 3950.0
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 51000
Expected Active Date 2025-08-25
Legal Description W CADIEUX APT 103 107 210 (18) (22) (42) WAYNE COUNTY CONDOMINIUM SUB PLAN NO 55 AKA EASTPOINTE CONDOMINIUM L18086 P319-353 DEEDS W C R 21/1042 2.941%
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 320x122
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1926.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Internal Only
Street Number 1 4535
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* Excluded Features
List By
Rashad Elabed

Listing Agent

Jna Real Estate

Broker

(734) 497-5558

Phone

Affordability Calculator

$1,068
Per Month
69%
31%
0%
Monthly Principal & Interest
$739
Monthly Property Taxes
$329
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$120,000 -36.81% Price Down
10/10/2025$189,900 -9.53% Price Down
9/8/2025$209,900 -0.05% Price Down
8/25/2025$210,000 Listed Price

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4535 Cadieux # 18 and 42, Detroit, MI, 48224 is a Multi-Family Home for sale at $120,000 with 1,926 sqft. 4535 Cadieux # 18 and 42 is a studio with 2.0 baths and was built in 1972. The property's zip code is 48224 which is in Detroit, MI