19970 Stratford Road Detroit, MI $ 315,000
19970 Stratford Road
$ 315,000
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19970 Stratford Road

Detroit, MI, 48221
$ 315,000
Baths2.0 Sq 2,431

Monthly Estimate*

$ 1,940

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Studio

Multi-Family Home for sale in Detroit, MI

for $315,000 with 2 full baths. This 2,431 square foot home was built in 1934 on a lot size of 0.11.

If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.

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Multi-Family Active

Price

$ 315,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 16,112

Style

Colonial

Lot Size

0.11

Year Built

1934

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60985915

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1934
Subdivision Woodward MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 42000
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions 8 Mile & Livernois
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description E STRATFORD 397 WOODWARD SUB L48 P89 PLATS WCR 2/155 40 X 120
DOM 1
Postal Code 48221
Price Per Sq Ft Total AG 129.58
Public Remarks If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods
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Interior
Basement Partially Finished
Fireplace? No
Total Number of Units 3
Fuel Type Natural Gas
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Exterior
Exterior Brick
Lot Size Area 0.11
Lot Dimensions 40X120
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Drake O'Donnell

Listing Agent

Natod Management

Broker

sales@natodmgt.com

Email

Affordability Calculator

$3,282
Per Month
59%
41%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$1,343
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
4/21/2026$315,000 Listed Price

Map


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19970 Stratford Road, Detroit, MI, 48221 is a Multi-Family Home for sale at $315,000 with 2,431 sqft and a lot size of 0.11. 19970 Stratford Road is a studio with 2.0 baths and was built in 1934. The property's zip code is 48221 which is in Detroit, MI