4055 Carter Street Detroit, MI ^$ 40,000

4055 Carter Street

^$ 40,000

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Recently Listed

4055 Carter Street

Detroit, MI, 48204

^$ 40,000

Studio Baths2.1 Sq 2,542

Monthly Estimate*

^$ 246

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4055 Carter Street, Detroit, MI 48204 - Image 11

Studio

Multi-Family Home for sale in Detroit, MI

for $40,000 with 2 full baths, 1 half bath. This 2,542 square foot home was built in 1916 on a lot size of 0.08.

Excellent opportunity for a homeowner or investor. This duplex features a desirable floor plan and offers strong potential for restoration to its original charm. Ideal for those looking to add value and maximize returns. Property is being sold as-is. Cash purchase only.

Multi-Family Active

Price

^$ 40,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 3,227

Style

Colonial

Lot Size

0.08

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261015196

Features

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Possession AtClose

Roof Asphalt

Garage Spaces 0.0

Architectural Style Colonial

Pool Features None

Construction Materials Brick

Pets Allowed Yes

Year Built 1916

Levels Two

Property Subtype MultiFamily

County Wayne

Net Operating Income 0.0

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name DEXTER BLVD SUB

Garage Y/N N

Full Baths 2

Status Active

Directions Grand River to East on Joy Rd to South on Quincy to East on Carter

City DetroitCity_Wayne

Disclosures AnnualPropertyOperatingDataNotAvailable ProjectedIncome TaxesNotHomesteadExempt

Senior Community Y/N N

High School District Detroit

Zoning Description Residential

Number Of Units Total 2

MLS Area Area05043DetLivernoisI756GdRiver

Lot Size Units Acres

Carport Y/N N

Number of Units Leased 0

Land Lease Y/N N

Tax Annual Amount 3227.0

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 Vacant

Tax Assessed Value 16238

Expected Active Date 2026-04-02

Legal Description S CARTER 186 DEXTER BLVD SUB L30 P32 PLATS W C R 14/169 35 X 105

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 2542.0

Half Baths 1

Above Grade Finished Area Unit Type SquareFeet

Total Baths 3

Exterior

Parking Features Other

Water Source Public

Foundation Details Basement Block

Spa N

Lot Dimensions 35X105

Lot Size Acres 0.08

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 4055

* Excluded Features

List By

Thomas Hutt

Listing Agent

Re/Max Classic

Broker

(248) 646-5000

Phone

Affordability Calculator

$515

Per Month

Monthly Principal & Interest: $246
Monthly Property Taxes: $269
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 6.25% 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$259,915

Percent of Sale Price 550%

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
4/2/2026	$40,000		Listed Price

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4055 Carter Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $40,000 with 2,542 sqft and a lot size of 0.08. 4055 Carter Street is a studio with 2.1 baths and was built in 1916. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 4/23/2026.

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4055 Carter Street

Multi-Family Home for sale in Detroit, MI

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