2741 Monterey Street Detroit, MI $ 290,000
2741 Monterey Street
$ 290,000
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2741 Monterey Street

Detroit, MI, 48206
$ 290,000
Bedrooms5 Baths2.0 Sq 4,050

Monthly Estimate*

$ 1,831

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Multi-Family Home for sale in Detroit, MI

for $290,000 with 5 bedrooms and 2 full baths. This 4,050 square foot home was built in 1925 on a lot size of 0.1.

Welcome to this beautifully renovated Detroit duplex, offering an excellent opportunity for both investors and owner-occupants alike. This well-maintained property features two completely renovated units, with each unit offering 2 bedrooms and 1 full bathroom and a comfortable, functional layout. Both units have been thoughtfully updated with modern finishes and improvements throughout, creating a clean and move-in-ready feel. Each residence offers spacious living areas, well-appointed kitchens, generously sized bedrooms, and updated bathrooms. The renovations provide the perfect combination of modern style, functionality, and convenience while maintaining the charm and character of the property. With two separate living spaces, this duplex offers tremendous flexibility. Live in one unit while renting the other, or add this turnkey property to your investment portfolio and generate rental income from both units. The property's layout and recent renovations make it an attractive option for investors looking for a low-maintenance addition to their portfolio. Located in Detroit with convenient access to major roads, local businesses, shopping, dining, schools, and other amenities, this property is ideally positioned for today's rental market. Whether you're an experienced investor or looking for your first income-producing property, this completely renovated duplex is an opportunity you won't want to miss. Schedule your private showing today!

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Multi-Family Active

Price

$ 290,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 891

Style

Colonial

Lot Size

0.1

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261066177

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1925
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 33600.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name LINWOOD HEIGHTS SUB
Garage Y/N N
Full Baths 2
Status Active
Directions S of Davison / W of Linwood
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 891.0
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 Tenant
Tax Assessed Value 6572
Expected Active Date 2026-08-21
Legal Description S MONTEREY 272 LINWOOD HEIGHTS SUB L35 P6 PLATS W C R 10/126 35 X 120.50
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Interior
Basement Finished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2700.0
Half Baths 0
Below Grade Finished Area 1350.0
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 35X120.5
Lot Size Acres 0.1
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 2741
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* Excluded Features
List By
Jonathan Zaia

Listing Agent

Exp Z Real Estate

Broker

(248) 410-3333

Phone

Affordability Calculator

$1,905
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,831
Monthly Property Taxes
$74
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
Pricing History
DatePricePrice ChangeDescription
8/21/2026$290,000 Listed Price

Map


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2741 Monterey Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $290,000 with 4,050 sqft and a lot size of 0.1. 2741 Monterey Street has 5 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 48206 which is in Detroit, MI