8343 American Street

Detroit, Michigan 48204

  • 3 Bed(s)
  • 2 Bath(s)
  • 1,764 Sqft
  • 0.09
    Acre(Lot)
$155,000

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.

  • Property Type

    Multifamily

  • County

    Wayne

  • Style

    Bungalow

  • AD ID

    50324354

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Property Details

  • Bathroom Information

    • Total Baths: 2
    • Full Baths: 2

    Interior Features

    • Basement Description: Partially Finished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1926
    • Building Stories: 2 Story
    • Total Units: 2
    • Foundation/Basement: Basement
    • Architecture: Bungalow

    Exterior Features

    • Construction: Aluminum,Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.09
    • Dimensions: 35X109

    Property Information

    • SQ ft: 1764
    • Subdivision: Frischkorns Tireman Park
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $155,000

    Listing Information

    • Possession: See Remarks
    • Legal Description: W AMERICAN 208 FRISCHKORNS TIREMAN PARK SUB L34 P43 PLATS, W C R 16/225 35 X 109

  • Tax Information

    • Annual Tax: $2,897
    • Parcel Number: 16024421

    Possession

    • See Remarks

    Legal Information

    • Legal Description: Section: W AMERICAN 208 FRISCHKORNS TIREMAN PARK SUB L34 P43 PLATS, W C R 16/225 35 X 109

  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 07/06/2025 @ 13:10

  • MLS: 628603198
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 3 bedrooms which is for sale, it has 1,764 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.