3281 Glendale Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Single Family Home
Sub Type Contemporary,Other,Traditional
Listing Status Active
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $101
Subdivision Lathrups Dexter Blvd Sub
MLS Listing ID 20251033737
Style Contemporary,Other,Traditional
Bedrooms 5
Full Baths 1
Half Baths 1
Year Built 1925
Annual Tax Amount $2,235
Lot Size 4,356 Sqft
Property Sub-Type Contemporary,Other,Traditional
Property Description
Nestled in the heart of Detroit, Michigan, the single-family residence at 3281 Glendale ST presents a unique opportunity. This property, with its inherent charm, stands ready to be reimagined. The residence includes five bedrooms, providing an abundance of private space. Imagine the possibilities: transform each room into personalized sanctuaries, spaces for creativity, or havens for restful nights. Constructed in 1925, this home carries a legacy within its walls. Consider the stories it holds and the potential it offers to craft your own narrative within its structure.
This property is tenant-occupied at $1,990 per month, generating nearly $24,000 annually in rental income. At the $230,000 asking price, that's a 10.4% gross ROI—a strong return and immediate cash flow opportunity for investors.
Located just one block east of the highly desirable Russell Woods neighborhood, this property combines updates, income, and location—making it a smart addition to any rental portfolio.
Do not disturb tenant.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Description 2 Car
Roof Type Asphalt
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA,VA,Warranty Deed
Listing Terms Cash,Conventional,FHA,VA,Warranty Deed