7556 Wheeler Street Detroit, MI $ 39,900
7556 Wheeler Street
$ 39,900
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7556 Wheeler Street

Detroit, MI, 48210
$ 39,900
Baths2.0 Sq 1,800

Monthly Estimate*

$ 249

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Studio

Multi-Family Home for sale in Detroit, MI

for $39,900 with 2 full baths. This 1,800 square foot home was built in 1922 on a lot size of 0.07.

Two-unit multifamily in Detroit with 6 bedrooms and 2 full baths. Property needs significant rehab but offers excellent potential for rental income once renovated. Perfect opportunity for investors looking for a fix-and-flip or long-term hold. Being sold as-is. Previous buyer backed out right before closing.

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Multi-Family Pending

Price

$ 39,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,077

Style

Duplex

Lot Size

0.07

Year Built

1922

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251036832

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials VinylSiding WoodSiding
Pets Allowed Yes
Year Built 1922
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 9000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WILLIAM L HOLMES & FRANK A VERNORS SUB
Garage Y/N N
Full Baths 2
Status Pending
Directions Warren To Prospect Then Turn Onto Wheeler
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 1077.0
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 Pending
Occupancy Type Tenant
Tax Assessed Value 5242
Expected Active Date 2025-09-18
Legal Description N WHEELER 260 WM L HOLMES & FRANK A VERNORS SUB L16 P73 PLATS W C R 18/366 30 X 103
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1800.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Block CrawlSpace
Spa N
Lot Dimensions 30X103
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
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Internal Only
Street Number 1 7556
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* Excluded Features
List By
Andre Abney

Listing Agent

Match Realty

Broker

(313) 485-7908

Phone

Affordability Calculator

$339
Per Month
73%
27%
0%
Monthly Principal & Interest
$249
Monthly Property Taxes
$90
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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/9/2025$39,900 -20.04% Price Down
9/18/2025$49,900 Listed Price

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7556 Wheeler Street, Detroit, MI, 48210 is a Multi-Family Home for sale at $39,900 with 1,800 sqft and a lot size of 0.07. 7556 Wheeler Street is a studio with 2.0 baths and was built in 1922. The property's zip code is 48210 which is in Detroit, MI