4032 Carter Street Detroit, MI ^$ 125,000

4032 Carter Street

^$ 125,000

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4032 Carter Street

Detroit, MI, 48204

^$ 125,000

Bedrooms-- Baths2.0 Sq 2,464

Monthly Estimate*

^$ 863

4032 Carter Street, Detroit, MI 48204 - Image 1

Multi-Family Home for sale in Detroit, MI

for $125,000 with 2 full baths. This 2,464 square foot home was built in 1916 on a lot size of 0.08.

Excellent investment opportunity in the City of Detroit! This fully occupied two-family duplex features two separate units, each offering 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. The property currently generates $1,631 in monthly rental income. Both units are tenant-occupied, making this an attractive opportunity for investors looking to expand their rental portfolio with an income-producing multifamily property. Conveniently located near schools, shopping, parks, public transportation, and major freeways. Will try to accommodate showing as best as possible. Seller prefers to have no showings until there is an accepted offer.

Multi-Family Coming Soon

Price

^$ 125,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,933

Style

Lot Size

0.08

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61044381

Features

General

Heating Forced Air Hot Water

Possession At Close

Water Public Water

Status Active Coming Soon

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1916

Subdivision Dexter Blvd Sub MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 8000

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 4

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions From Joy head South on Holmur. Head West on Carter. Property is on the right.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

Legal Description N CARTER 192 DEXTER BLVD SUB L30 P32 PLATS W C R 14/169 35 X 105

DOM 1

Postal Code 48204

Price Per Sq Ft Total AG 50.73

Public Remarks Excellent investment opportunity in the City of Detroit! This fully occupied two-family duplex features two separate units each offering 2 bedrooms and 1 full bathroom

Interior

Basement Common

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Exterior Amenities Porch

Lot Size Area 0.08

Lot Dimensions 35X105

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Michael Gerisch

Listing Agent

Century 21 Curran & Oberski

Broker

Gerischproperties@gmail.com

Affordability Calculator

$1,024

Per Month

Monthly Principal & Interest: $863
Monthly Property Taxes: $161
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$256,074

Percent of Sale Price 105%

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
11/4/2026	$125,000		Listed Price

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4032 Carter Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $125,000 with 2,464 sqft and a lot size of 0.08. 4032 Carter Street has 2.0 baths and was built in 1916. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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4032 Carter Street

Multi-Family Home for sale in Detroit, MI

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