20 W Nevada Street Detroit, MI ^$ 185,000

20 W Nevada Street

^$ 185,000

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20 W Nevada Street

Detroit, MI, 48203

^$ 185,000

Studio Baths2.0 Sq 2,402

Monthly Estimate*

^$ 1,139

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Studio

Multi-Family Home for sale in Detroit, MI

for $185,000 with 2 full baths. This 2,402 square foot home was built in 1922 on a lot size of 0.09.

Turnkey, Income Producing Multi-Family Investment Opportunity!!! This fully renovated multi-family property includes two spacious units designed to maximize rental income and long-term returns. Each unit with 3 bedrooms and 1 bathroom! Updates include new water heater, fresh paint, and modern finishes throughout. Perfect for investors looking for low-maintenance, high-efficiency investments with strong cash flow and immediate rental income! This property offers immediate returns with minimal hassle. To respect tenant privacy, showings by appointment only.

Multi-Family Active

Price

^$ 185,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,600

Style

Lot Size

0.09

Year Built

1922

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60989387

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1922

Subdivision Hugo H Stenders MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 30000

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions I75 7mile exit 7 mile to John R Right onto Nevada

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description N W NEVADA 104 HUGO H STENDERS L26 P53 PLATS W C R 1/167 30 X 126.21A

DOM 1

Postal Code 48203

Price Per Sq Ft Total AG 77.02

Public Remarks Turnkey

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0.09

Lot Dimensions 30X126.21

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Nia Ashford

Listing Agent

Exp Realty Main

Broker

niaashford2@gmail.com

Affordability Calculator

$1,356

Per Month

Monthly Principal & Interest: $1,139
Monthly Property Taxes: $217
Monthly Home Insurance: --

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Interest Rate

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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 ^$262,438

Percent of Sale Price 42%

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
5/3/2026	$185,000		Listed Price

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20 W Nevada Street, Detroit, MI, 48203 is a Multi-Family Home for sale at $185,000 with 2,402 sqft and a lot size of 0.09. 20 W Nevada Street is a studio with 2.0 baths and was built in 1922. The property's zip code is 48203 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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20 W Nevada Street

Multi-Family Home for sale in Detroit, MI

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