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6903 Penrod Street Detroit, MI $ 195,000
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$ 195,000 Get more info
6903 Penrod Street
$ 195,000
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6903 Penrod Street

Detroit, MI, 48228
$ 195,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,347

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Multi-Family Home for sale in Detroit, MI

for $195,000. This home was built in 1929 on a lot size of 0.13.

Great Investment Opportunity in Detroit! This spacious two-family home offers approximately 2,850 square feet of finished living space, including a finished basement. Featuring numerous recent updates throughout, including a new roof, new flooring, additional furnace, updated electrical panels, new drywall, and fresh paint across all three levels. With extensive improvements already completed, this property presents an excellent opportunity for investors looking to generate rental income or owner-occupants seeking to live in one unit while renting out the other. Whether you're expanding your investment portfolio or looking for a multi-family property, this Detroit home offers tremendous potential!

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Multi-Family Active

Price

$ 195,000

Property Type

Multi-Family

Taxes

$ 1,008

Style

2 to 4 Units

Lot Size

0.13

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

26055563
Features
General
Heating Forced Air
Utilities Natural Gas Connected Electricity Connected Cable Connected
Possession Negotiable
Roof Composition
Construction Materials Brick
Year Built 1929
Tenant Pays Electric Water Sewer Gas
Township Detroit City
Property Subtype 2 to 4 Units
Tax Year 2025
County Wayne
New Construction false
Property Type Multi Family
Attached Garage false
Status Active
City Detroit
High School District Detroit
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 5227
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 1008
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 7802
Legal Description W PENROD 215 AND E 9' VAC ALLEY ADJ FRISCHKORNS WARREN AVE PARK SUB L39 P89 PLATS W C R 22/270 40 X 137
Senior Community None
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Interior
Basement Full
Basement (Y/N) true
Heating Y/N true
Laundry Features In Basement
Total Baths 0
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Exterior
Parking Features Concrete Driveway
Total Parking 4
Lot Size Area 0.13
Number of Buildings 1
Spa N
Lot Dimensions 40x126
Lot Size Acres 0.13
Waterfront Y/N false
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6903
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* Excluded Features
List By
Simple Fee Listings

Broker

rmwolber@simplefeelistings.com

Email

Affordability Calculator

$1,431
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,347
Monthly Property Taxes
$84
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
10/19/2026$195,000 Listed Price

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6903 Penrod Street, Detroit, MI, 48228 is a Multi-Family Home for sale at $195,000 with a lot size of 0.13. 6903 Penrod Street has 0.0 baths and was built in 1929. The property's zip code is 48228 which is in Detroit, MI

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