7225 American Street Detroit, MI ^$ 315,000

7225 American Street

^$ 315,000

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7225 American Street

Detroit, MI, 48210

^$ 315,000

Studio Baths4.0 Sq 3,348

Monthly Estimate*

^$ 1,989

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Studio

Multi-Family Home for sale in Detroit, MI

for $315,000 with 4 full baths. This 3,348 square foot home was built in 1926 on a lot size of 0.11.

Turn-key quadplex opportunity in the heart of Detroit offering both immediate income and long-term upside. This well-maintained property features four units, with three currently leased - bringing in a projected income of approximately $3,800/month. Perfect for FHA buyers and investors alike, this is an ideal chance to house hack, build equity, or expand your portfolio with minimal vacancy risk on day one. Whether you're looking to live in one unit and let the others pay your mortgage or secure a strong cash-flowing investment, this property checks all the boxes. Conveniently located near major roads, schools, and city amenities, this is Detroit multifamily living at its best - simple, strategic, and income-producing from the start.

Multi-Family Active

Price

^$ 315,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,305

Style

Lot Size

0.11

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61007076

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 4

Half Baths 0

Bathrooms 4

Year Built 1926

Parking On Street

Subdivision Dovercourt Park MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 33600

Ownership Private

Municipality Detroit

Zoning Mixed Use

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Continue On Us-24 S/Telegraph Rd. Take I-96 Express To Jeffries Fwy In Detroit. Take Exit 188 From I-96 E 18 Min (15.0 Mi) Take Livernois To American St

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description W AMERICAN 676 DOVERCOURT PARK SUB L34 P89 PLATS W C R 18/371 36.61 X 129.21A

DOM 1

Postal Code 48210

Price Per Sq Ft Total AG 94.09

Public Remarks Turn-key quadplex opportunity in the heart of Detroit offering both immediate income and long-term upside. This well-maintained property features four units

Interior

Basement Poured

Fireplace? No

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 37

Lot Size Area 0.11

Lot Dimensions 36.61X129.21

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Angie Sierra

Listing Agent

Remax City Centre

Broker

Angie@KeysToYourKingdom.net

Affordability Calculator

$2,264

Per Month

Monthly Principal & Interest: $1,989
Monthly Property Taxes: $275
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$274,034

Percent of Sale Price 13%

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
6/30/2026	$315,000		Listed Price

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7225 American Street, Detroit, MI, 48210 is a Multi-Family Home for sale at $315,000 with 3,348 sqft and a lot size of 0.11. 7225 American Street is a studio with 4.0 baths and was built in 1926. The property's zip code is 48210 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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7225 American Street

Multi-Family Home for sale in Detroit, MI

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