7507 Hanover Street # 1-2 Detroit, MI ^$ 300,000

7507 Hanover Street # 1-2

^$ 300,000

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7507 Hanover Street # 1-2

Detroit, MI, 48206

^$ 300,000

Studio Baths0.0

Monthly Estimate*

^$ 1,847

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Studio

Multi-Family Home for sale in Detroit, MI

for $300,000. This home was built in 1918 on a lot size of 0.06.

Come see this beautiful Multi-family Investment Property located in the historic Lasalle Gardens neighborhood. Each unit has 3bedrooms and is painted in nice neutral colors, laminate and hardwood flooring, nice modern kitchen with wooden cabinetry and stainless steel appliances. Each unit has a stackable washer and dryer in unit for convience. Property also has a basement for storage. Property was completely rehabbed in 2019 with new heating,plumbing and electrical. Roof and gutters replaced in 2024, sump pump and french drain installed in 2021, Sewer line was replaced to the main in 2025. Upper Unit is vacant. Few minor repairs will make this multi -family property good as new. Lower unit is currently occupied. Tenant has a month-month Lease Agreement, the unit is being rented at $1170 per month. This is a great Investment in a prime area!

Multi-Family Active

Price

^$ 300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 780

Style

Lot Size

0.06

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70526115

Features

General

Heating Wall Heat Baseboard Forced Air

Status Active Active

Year Built 1918

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions North of W. Grand Blvd. W of Rosa Parks

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. W HANOVER E 82.91 FT 33 OSBORN & MCCALLUMS SUB L10 P51 PLATS

DOM 0

Postal Code 48206

Public Remarks Come see this beautiful Multi-family Investment Property located in the historic Lasalle Gardens neighborhood. Each unit has 3bedrooms and is painted in nice neutral colors

Exterior

Exterior Brick Vinyl Siding

Frontage 30

Lot Size Area 0.06

Lot Dimensions 83 sqft

Lot Description Sidewalks

Roads City/County Paved Street

Waterfront Y/N No

Interior

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Lakeisha Akogoh

Listing Agent

Exp Realty, Llc

Broker

plainvllc@gmail.com

Affordability Calculator

$1,912

Per Month

Monthly Principal & Interest: $1,847
Monthly Property Taxes: $65
Monthly Home Insurance: --

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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 ^$263,588

Percent of Sale Price 12%

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.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2026	$300,000		Listed Price

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7507 Hanover Street # 1-2, Detroit, MI, 48206 is a Multi-Family Home for sale at $300,000 with a lot size of 0.06. 7507 Hanover Street # 1-2 is a studio with 0.0 baths and was built in 1918. The property's zip code is 48206 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.

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7507 Hanover Street # 1-2

Multi-Family Home for sale in Detroit, MI

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