2907 GLENDALE Street
Detroit, MI, 48238 $ 965,000
Baths9.0 Sq 1,326 Monthly Estimate*
$ 5,942
Studio for $965,000 with 9 full baths. This 1,326 square foot home was built in 1925 on a lot size of 0.03.
**Turnkey Investment Opportunity – 9-Property Portfolio in Growing Detroit Market** Don’t miss this rare opportunity to acquire a fully renovated portfolio of nine single-family homes, each offering 2 bedrooms, 1 bathroom, wood burning fireplace in each unit, with additional attic and basement space—ideal for added storage or future value potential. All properties were extensively renovated in 2024, featuring brand-new plumbing, electrical systems, flooring, roofs, furnaces, and hot water tanks, providing peace of mind and minimal maintenance for years to come. The kitchens have been completely updated with new flooring, cabinets, countertops, and appliances, while bathrooms include all new fixtures, delivering a clean, updated look tenants will love. This package also includes a vacant lot (2921 Glendale), currently used for tenant parking, adding convenience and increased rental appeal. Portfolio includes: 2901, 2903, 2911, 2915, 2919, 2921 (vacant lot) Glendale 12735, 12741, 12745 Lawton. All properties are lead certified and in compliance, making this a truly turnkey investment. Perfect for investors looking to scale quickly with a stabilized, updated rental portfolio. Important Details: Property rooms/room sizes are estimated and should be verified by the buyer or buyer’s agent. A processing fee of 495.00 is required to be paid to the listing broker at closing. The buyer will receive a clean title, warranty deed, and title insurance for added peace of mind. Don’t miss this opportunity schedule your showing today. All properties are occupied, please do not disturb the tenants.
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FeaturesGeneralSewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed No
Year Built 1925
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 96637.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name OAKMANS ROBT CHERRY LANE
Garage Y/N N
Rent Includes Water
Full Baths 9
Status Active
Directions South Of Davison/East Of Livernois
City DetroitCity_Wayne
Disclosures ActualIncome NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 9
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 9
Land Lease Y/N N
Tax Annual Amount 866.0
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 7361
Expected Active Date 2026-04-11
Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2027. S GLENDALE W 0.84 FT OF N 65.90 FT 53 E 16 FT OF N 65.90 FT 52 ROBERT OAKMA
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InteriorBasement PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1076.0
Half Baths 0
Below Grade Finished Area 250.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 9
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ExteriorWater Source WateratStreet
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 16.84X65.9
Lot Size Acres 0.03
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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* Excluded FeaturesList ByShenitha RainesListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $5,942
- Monthly Property Taxes
- $72
- 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.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $261,397
Percent of Sale Price 73%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/11/2026 | $965,000 | | Listed Price |