3920 Devonshire Road Detroit, MI ^$ 200,000

3920 Devonshire Road

^$ 200,000

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3920 Devonshire Road

Detroit, MI, 48224

^$ 200,000

Studio Baths2.0 Sq 2,392

Monthly Estimate*

^$ 1,231

3920 Devonshire Road, Detroit, MI 48224 - Image 1

Studio

Multi-Family Home for sale in Detroit, MI

for $200,000 with 2 full baths. This 2,392 square foot home was built in 1941 on a lot size of 0.11.

Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.

Multi-Family Active

Price

^$ 200,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,452

Style

Lot Size

0.11

Year Built

1941

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60990839

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1941

Subdivision East Detroit Dev Cos Sub 2 MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

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 N Of Mack And W Of Cadieux

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E DEVONSHIRE 1304 EAST DETROIT DEVELOPMENT COS SUB NO 2 L36 P20 PLATS WCR 21/426 40 X 114

DOM 9

Postal Code 48224

Price Per Sq Ft Total AG 83.61

Public Remarks Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick Wood

Frontage 40

Lot Size Area 0.11

Lot Dimensions 40X114

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Samar Taha

Listing Agent

Sonic Realty Llc

Broker

1samartaha@gmail.com

Affordability Calculator

$1,352

Per Month

Monthly Principal & Interest: $1,231
Monthly Property Taxes: $121
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 ^$273,372

Percent of Sale Price 37%

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
5/7/2026	$200,000		Listed Price

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3920 Devonshire Road, Detroit, MI, 48224 is a Multi-Family Home for sale at $200,000 with 2,392 sqft and a lot size of 0.11. 3920 Devonshire Road is a studio with 2.0 baths and was built in 1941. The property's zip code is 48224 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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3920 Devonshire Road

Multi-Family Home for sale in Detroit, MI

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