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8343 American Street Detroit, MI $ 130,000
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$ 130,000 Get more info
8343 American Street
$ 130,000
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8343 American Street

Detroit, MI, 48204
$ 130,000
Bedrooms2 Baths2.0 Sq 2,268

Monthly Estimate*

$ 821

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Multi-Family Home for sale in Detroit, MI

for $130,000 with 2 bedrooms and 2 full baths. This 2,268 square foot home was built in 1926 on a lot size of 0.09.

Don't miss this fantastic opportunity to own a well-maintained duplex with exceptional income potential! The first unit is currently rented for $1,100 per month with a lease in place through April 2027, providing immediate and reliable cash flow. The second unit is vacant and offers the opportunity to generate an additional $1,100 in monthly rental income, making this an ideal option for investors or owner-occupants looking to live in one unit and rent the other. Each unit features a spacious layout designed for comfortable living, creating an attractive setting for both homeowners and tenants. Conveniently located near shopping, dining, schools, and major roadways, this property combines value, flexibility, and long-term potential. Schedule your showing today and explore all this duplex has to offer!

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Multi-Family Active

Price

$ 130,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,494

Style

Bungalow

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261051196
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession Negotiable
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials AluminumSiding Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1926
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 26753.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N Y
Full Baths 2
Status Active
Directions Livernois and American
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist ProjectedIncome TaxesPartiallyHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 3494.0
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 MultipleOccupantTypes
Tax Assessed Value 25900
Expected Active Date 2026-07-06
Legal Description W AMERICAN 208 FRISCHKORNS TIREMAN PARK SUB L34 P43 PLATS W C R 16/225 35 X 109
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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 1764.0
Half Baths 0
Below Grade Finished Area 504.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features Garage
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 35X109
Lot Size Acres 0.09
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 8343
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* Excluded Features
List By
Michael M Phillips

Listing Agent

Keller Williams Legacy

Broker

(313) 403-0011

Phone

Affordability Calculator

$1,112
Per Month
74%
26%
0%
Monthly Principal & Interest
$821
Monthly Property Taxes
$291
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/7/2026$130,000 Listed Price

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8343 American Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $130,000 with 2,268 sqft and a lot size of 0.09. 8343 American Street has 2 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 48204 which is in Detroit, MI

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