4059 Tyler Street Detroit, MI $ 199,900
4059 Tyler Street
$ 199,900
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4059 Tyler Street

Detroit, MI, 48238
$ 199,900
Baths3.0 Sq 2,668

Monthly Estimate*

$ 1,231

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Studio

Multi-Family Home for sale in Detroit, MI

for $199,900 with 3 full baths. This 2,668 square foot home was built in 1930 on a lot size of 0.09.

Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit's consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today's market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!

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Multi-Family Pending

Price

$ 199,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,525

Style

Lot Size

0.09

Year Built

1930

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60970291

Features
General
Heating Hot Water
Possession At Close
Water Public Water
Status Pending Pending
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1930
Subdivision Sullivans Dexter Blvd 1 MI
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 30000
Ownership Private
Municipality Detroit
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions South on Livernois Make a left onto Tyler St
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA
Legal Description S TYLER 243 SULLIVANS DEXTER BLVD SUB NO 1 L55 P53 PLATS W C R 14/211 35 X 116
DOM 29
Postal Code 48238
Price Per Sq Ft Total AG 74.93
Public Remarks
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Exterior
Exterior Brick
Exterior Amenities Porch
Lot Size Area 0.09
Lot Dimensions 35X116
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 3
Fuel Type Natural Gas
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* Excluded Features
List By
Andrea Sleek

Listing Agent

Time Wise Realty Group Llc

Broker

andrea@timewiserealty.com

Email

Affordability Calculator

$2,025
Per Month
61%
39%
0%
Monthly Principal & Interest
$1,231
Monthly Property Taxes
$794
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
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$199,900 Listed Price

Map


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4059 Tyler Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $199,900 with 2,668 sqft and a lot size of 0.09. 4059 Tyler Street is a studio with 3.0 baths and was built in 1930. The property's zip code is 48238 which is in Detroit, MI