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 2,931

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 2,931 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

20261027321

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1934
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 42000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WOODWARD
Garage Y/N N
Full Baths 2
Status Active
Directions 8 Mile & Livernois
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 3
MLS Area Area05041Det68GrfldDequindre
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 3
Land Lease Y/N N
Tax Annual Amount 16112.67
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 239900
Expected Active Date 2026-04-21
Legal Description E STRATFORD 397 WOODWARD SUB L48 P89 PLATS WCR 2/155 40 X 120
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Interior
Basement PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2431.0
Half Baths 0
Below Grade Finished Area 500.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X120
Lot Size Acres 0.11
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 19970
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* Excluded Features
List By
Drake O'Donnell

Listing Agent

Natod Management

Broker

(313) 693-0984

Phone

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
848539 Elementary School
848135 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 2,931 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