7225 American Street, Detroit, MI 48210

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Sold Price
$288,400
List Price
$315,000
Status
SOLD
Days on Market
24
Closing Date
Aug 21, 2026
MLS#
20261048588
Subtype
Multi Family
Year Built
1926
Bathrooms
4
Lot Size
4,791
Acres
0.11

Property Description

Turn-key four-unit investment opportunity in the heart of Detroit offering immediate rental income with additional upside. This well-maintained quadplex features three occupied units—two currently leased at $900 per month each and one leased at $1,000 per month—with one vacant unit ready for an owner-occupant or new tenant. Ideal for FHA buyers and investors alike, this property presents an excellent opportunity to house hack, build equity, or expand your portfolio. Conveniently located near major roads, schools, and city amenities, this income-producing property offers flexibility and strong potential for future cash flow.

Additional Information

Taxes
$3,305
Heating
Forced Air
School District
Detroit

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Listing courtesy of Listing Agent: Angie Sierra from Listing Office: REMAX City Centre.

Selling Agent: Selling Office: .

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