43
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$95,000
Est. payment /mo
3 Baths
4,356 Sqft Lot
New
7135 Elmhurst Street Detroit, MI 48204
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261033627
HOA Y/N true
Year Built 1926
Annual Tax Amount $2,304
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X128.56
Source Realcomp
Property Description
ATTENTION INVESTORS and ENTREPENEURS!! High-Value Triplex Opportunity – 7135 Elmhurst, Detroit! ARV 260K. This amazing 9 BED 3 BATH TRIPLEX is ready for your finishing touches! The property includes: NEW WINDOWS, NEW ELECTRICAL, NEW PLUMBING, NEW MECHANICALS. Available side lot $3000. This property is adjacent to a fully occupied block of cash flowing units. This property has a LIVABLE unit! Move in and renovate. Stop paying rent and start paying yourself! This fully gutted Detroit triplex at 7135 Elmhurst is stripped to the studs and primed for your vision, with one unit already livable so you can move in or generate income while you renovate. The heavy lifting is done — bring your finishes and start building wealth immediately. Each of the three spacious units features 3 bedrooms, offering maximum rental appeal and strong tenant demand. The layout includes two upper units plus a lower-level unit, providing flexible living and rental configurations. With projected rents of $1,200 per unit, this property has the potential to generate $3,600/month in gross rental income — and an impressive After Repair Value of $260,000 makes the numbers work beautifully for any serious investor. As if that weren't enough, an adjacent side lot is available for just $3,000 — ideal for additional parking, a garage build, or future development. Buy both and maximize your investment footprint!Whether you're looking to house hack, add to your portfolio, or flip for equity, 7135 Elmhurst checks every box. All new electric, plumbing, mechanicals, and windows mean the infrastructure is solid — just add your finishing touches and watch this asset perform. Priced to move — don't let this Detroit gem slip away!
Location
State MI
County Wayne
Zoning Multi-Family
Direction From Livernois go west on Elmhurst
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I005726S
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261033627
Listed by Keller Williams Premier
NEARBY SCHOOL & BUSINESS
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