Primary listing photo

3920 Devonshire Rd, Detroit, MI, 48224

4beds
1baths
2,392sqft
$200,000
$84price/sqft
$2,097/moest. monthly cost
$83,880/yrincome needed

About This Home

Turnkey multifamily investment opportunity generating strong cash flow in a high-demand rental market. This income-producing property is currently tenant occupied with a Section 8 tenant paying $2,300/month, offering immediate and reliable rental income for investors. Estimated 13% cap rate makes this an attractive addition to any rental portfolio. Property offers solid income potential with stable occupancy and low vacancy risk. Ideal for both seasoned investors and buyers looking to expand their cash-flowing assets. Conveniently located near major roads, shopping, schools, and public transportation. Do not disturb tenant. Proof of funds required prior to showing or release of additional information.

Getting Around

74
WalkingVery Walkable
41
TransitSome Transit
65
BikeBikeable

Schools

2/10
Brown Ronald AcademyGrades PK-80.4 mi

Construction

Condition

  • Year built: 1941

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,392

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,392 sqft

Property

Details

  • Parcel number: W21I070447S
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 4,791 sqft
  • Lot size dimensions: 40 x 114