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17328 Indiana Street Detroit, MI $ 179,500
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$ 179,500 Get more info
17328 Indiana Street
$ 179,500
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17328 Indiana Street

Detroit, MI, 48221
$ 179,500
Bedrooms-- Baths2.0 Sq 2,321

Monthly Estimate*

$ 1,240

17328 Indiana Street, Detroit, MI 48221 - Image 1
17328 Indiana Street, Detroit, MI 48221 - Image 2
17328 Indiana Street, Detroit, MI 48221 - Image 3
17328 Indiana Street, Detroit, MI 48221 - Image 4
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17328 Indiana Street, Detroit, MI 48221 - Image 6
17328 Indiana Street, Detroit, MI 48221 - Image 7

Multi-Family Home for sale in Detroit, MI

for $179,500 with 2 full baths. This 2,321 square foot home was built in 1928 on a lot size of 0.11.

SHOWN UPON ACCEPTED OFFER ONLY. Solid brick 2-unit duplex, fully leased and professionally managed. One unit is 3 bed/1 bath, the other 2 bed/1 bath, plus basement. Rents today total $1,649/mo, well below market. At market rent of approx $1,200/unit, the projected cap rate is approx 6.5% (est. after actual taxes of $8,286/yr, 10% vacancy, 10% management, insurance and reserves; buyer to verify). Lower unit is month to month and can go to market now; upper lease ends 4/30/27. Newer furnaces, updated PEX plumbing and updated electrical. City of Detroit Certificate of Compliance on file through 08/01/2029, so no city compliance work needed for years. Leases and ledgers provided after accepted offer. Cash or conventional only. *Do not disturb tenants. Do NOT email offers; offer instructions and submission link are in ShowingTime and agent remarks.

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Multi-Family Active

Price

$ 179,500

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,286

Style

Colonial

Lot Size

0.11

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61000353
Features
General
Heating Forced Air
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1928
Subdivision Santa Maria Park Sub MI
Style Colonial
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 19800
Ownership Corporation
Municipality Detroit
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions North of W. McNichols and East of Wyoming
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description E INDIANA 134 SANTA MARIA PARK SUB L48 P10 PLATS W C R 16/326 40 X 114.02
DOM 137
Postal Code 48221
Price Per Sq Ft Total AG 77.34
Public Remarks SHOWN UPON ACCEPTED OFFER ONLY. Solid brick 2-unit duplex fully leased and professionally managed. One unit is 3 bed/1 bath the other 2 bed/1 bath plus basement. Rents today total $1 649/mo
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Interior
Basement Block
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Brick
Lot Size Area 0.11
Lot Dimensions 40X114.02
Roads Private Road
Waterfront Y/N No
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* Excluded Features
List By
Carlo Gobba

Listing Agent

Exp Realty Main

Broker

carlo.gobba@exprealty.com

Email

Affordability Calculator

$1,930
Per Month
64%
36%
0%
Monthly Principal & Interest
$1,240
Monthly Property Taxes
$691
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
759604 Elementary School
760475 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/29/2026$179,500 -5.53% Price Down
6/9/2026$190,000 Listed Price

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17328 Indiana Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $179,500 with 2,321 sqft and a lot size of 0.11. 17328 Indiana Street has 2.0 baths and was built in 1928. The property's zip code is 48221 which is in Detroit, MI

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