Detroit, MI 48204,8343 American Street
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Detroit, MI 48204,8343 American Street
Detroit, MI 48204,8343 American Street
Detroit, MI 48204,8343 American Street
Detroit, MI 48204,8343 American Street
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$ 154,000
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8343 American Street Detroit, MI 48204

2 Baths

3,920 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20251008113

Year Built 1926

Annual Tax Amount $2,897

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35X109

Source Realcomp

Property Description

National Real Estate Management Group is excited to announce your next investment opportunity: a well-maintained, four-bedroom, two-bathroom duplex in turnkey condition. This multi-family home is perfectly positioned near a local elementary school, making it especially attractive to long-term tenants.Currently rented through Section 8, this property yields a strong 1.6% monthly return and an impressive 19% annual ROI—making it an ideal choice for both new and seasoned investors.Don't miss this excellent opportunity to expand your property portfolio with a reliable, income-generating asset in a high-demand rental area.At National Real Estate Management Group, our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication. Choose National Real Estate Management Group for a worry-free investment experience.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Residential

Direction Livernois to American

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Aluminum Siding,Brick

Schools

School District Detroit

Others

Tax ID 16024421

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by NREMG Realty

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Iris Becker Elementary School

    Public | PK - 5

  • 7

    Lowrey Elementary School

    Public | PK - 5

  • 6

    McCollough Elementary School

    Public | PK - 5

  • 5

    Oakman Elementary School

    Public | PK - 5

  • 5

    Geer Park Elementary School

    Public | PK - 5

  • 5

    Miller Elementary School

    Public | PK - 5

  • 5

    McDonald Elementary School

    Public | PK - 5

  • 5

    Cesar Chavez Academy Intermediate School

    Public | 3 - 5

  • 5

    Hope of Detroit Academy

    Public | KG - 8

  • 4

    William Ford Elementary School

    Public | PK - 5

  • 4

    Academy for Business and Technology Elementary School

    Public | KG - 5

  • 4

    Riverside Academy

    Public | KG - 5

  • 4

    Priest Elementary-Middle School

    Public | PK - 8

  • 4

    Universal Academy

    Public | KG - 12

  • 4

    Hope Academy

    Public | KG - 8

  • 4

    Voyageur Academy

    Public | KG - 4

  • 4

    New Paradigm Glazer Academy

    Public | KG - 8

  • 4

    Neinas Elementary School

    Public | PK - 6

  • 3

    Advanced Technology Academy

    Public | PK - 12

  • 3

    Noble Elementary-Middle School

    Public | PK - 8

Middle Schools 6
  • 6

    Lowrey Middle School

    Public | 6 - 8

  • 5

    Unis Middle School

    Public | 6 - 8

  • 4

    Woodworth Middle School

    Public | 6 - 8

  • 4

    Riverside Academy - West Campus

    Public | 6 - 12

  • 4

    Cesar Chavez Middle School

    Public | 6 - 8

  • 0

    Ace Academy (Seventy-Day Adventist) - Lincoln Center

    Public | 6 - 12

High Schools 15
  • 5

    Fordson High School

    Public | 9 - 12

  • 5

    Cesar Chavez High School

    Public | 9 - 12

  • 1

    Central Academy and High School

    Public | 9 - 12

  • 1

    Detroit Collegiate Preparatory High School at Northwestern

    Public | 9 - 12

  • 0

    Henry Ford Collegiate Academy - Fordson High School

    Public | 9 - 12

  • 0

    Creative Learning Center - Dearborn

    Public | 10 - 12

  • 0

    Hazel Park Empowerment Ser Metro Alternative School

    Public | 9 - 12

  • 0

    Hazel Park Empowerment Impact Alternative School

    Public | 9 - 12

  • 0

    Hope of Detroit Academy Consortium High School

    Public | 9 - 12

  • 0

    George Crockett Consortium High School

    Public | 9 - 12

  • 0

    Central Collegiate Academy

    Public | 9 - 12

  • 0

    Detroit Collegiate Preporatory High School

    Public | 9 - 12

  • 0

    Northwestern South Wing

    Public | 9 - 12

  • 0

    Detroit Cristo Rey High School

    Private | 9 - 12

  • 0

    Detroit City West Side Academy for Leadership Deve

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Karen Austin
Karen Austin

Broker Associate

+1(517) 290-4493 | karenaustin4@gmail.com

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8343 American Street