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1935 Gladstone Street Detroit, MI $ 375,000
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1935 Gladstone Street
$ 375,000
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1935 Gladstone Street

Detroit, MI, 48206
$ 375,000
Baths2.0 Sq 3,528

Monthly Estimate*

$ 2,309

1935 Gladstone Street, Detroit, MI 48206 - Image 1
1935 Gladstone Street, Detroit, MI 48206 - Image 2
Studio

Multi-Family Home for sale in Detroit, MI

for $375,000 with 2 full baths. This 3,528 square foot home was built in 1921 on a lot size of 0.11.

FULLY RENOVATED CASH-FLOWING GEM IN NORTH LA SALLE. THIS EXCEPTIONAL DUPLEX AT 1935 GLADSTONE SITS NESTLED ON A 4,792 SQ. FT. LOT IN A QUIET, STABLE NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL IS AN INVESTOR’S DREAM, FEATURING SIGNIFICANT RECENT CAPITAL IMPROVEMENTS DESIGNED FOR LOW-MAINTENANCE OPERATION: PROPERTY HAS BEEN FULLY RENOVATED-NO EXPENSE SPARED. THIS PROPERTY HAS ONE THREE-BEDROOM UNIT AND ANOTHER FOUR-BEDROOM UNIT. PROPERTY IS SECTION 8 RENTED WITH MONTHLY DIVIDENDS OF $3,650 (1650 & 2000) PER MONTH. TENANTS ARE RESPONSIBLE FOR ALL UTILITIES EXCEPT WATER, ALLOWING THIS INVESTMENT TO GENERATE A ROBUST RETURN ON INVESTMENT. THIS DIAMOND IS READY TO BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NOTE: NO SHOWINGS WITHOUT AN ACCEPTED FULL-LIST OFFER. LET'S CLOSE. VIDEO TOUR AVAILABLE UPON REQUEST.

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Multi-Family Active

Price

$ 375,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,379

Style

Duplex

Lot Size

0.11

Year Built

1921

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261011025
Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1921
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 43800.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name JOY FARM SUB
Garage Y/N N
Full Baths 2
Status Active
Directions Gladstone & Rosa Parks Blvd.
City DetroitCity_Wayne
Disclosures ActualIncome AnnualPropertyOperatingDataAvailable ConformstoZoning NoEncroachment ExclusionsDoNotExist NoInventoryIncluded NoLegalRentalCertification NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 3379.0
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 36373
Expected Active Date 2026-02-22
Legal Description S GLADSTONE 9 JOY FARM SUB L32 P39-40 PLATS WCR 8/128 35 X 140.68A
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3528.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 35X140.68
Lot Size Acres 0.11
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 1935
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* Excluded Features
List By
Marta Kopania

Listing Agent

Realtyflo Inc

Broker

(734) 301-6553

Phone

Affordability Calculator

$2,591
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$282
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/23/2026$375,000 Listed Price

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1935 Gladstone Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $375,000 with 3,528 sqft and a lot size of 0.11. 1935 Gladstone Street is a studio with 2.0 baths and was built in 1921. The property's zip code is 48206 which is in Detroit, MI

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