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 4,002

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 4,002 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 Active

Price

$ 199,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,525

Style

Triplex

Lot Size

0.09

Year Built

1930

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261010032

Features
General
Sewer PublicSewer
Heating HotWater NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Triplex
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1930
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 30000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name SULLIVANS DEXTER BLVD 1
Garage Y/N N
Full Baths 3
Status Active
Directions South on Livernois Make a left onto Tyler St
City DetroitCity_Wayne
Disclosures LegalRentalCertified ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 3
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 9525.0
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 75200
Expected Active Date 2026-02-17
Legal Description S TYLER 243 SULLIVANS DEXTER BLVD SUB NO 1 L55 P53 PLATS W C R 14/211 35 X 116
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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 2668.0
Half Baths 0
Below Grade Finished Area 1334.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Exterior Amenities Awnings
Parking Features ParkingPad
Water Source Public
Total Parking 3.0
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 35X116
Lot Size Acres 0.09
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 4059
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* Excluded Features
List By
Andrea Sleek

Listing Agent

Time Wise Realty Group Llc

Broker

(734) 678-5720

Phone

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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/18/2026$199,900 Listed Price

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4059 Tyler Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $199,900 with 4,002 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