$229,900

3281 Glendale Street, Detroit, MI 48238

  • 5 beds |
  • 2 baths |
  • 2,274 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $101/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Active
Date Added:
September 5, 2025 at 05:00AM
Listing Office:
Amin Realty : 833-264-6832
Listing Agent:
Erick Howard : 248-802-8522
MLS ID:
60934061
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: ContemporaryOtherTraditional
  • Parking: Parking spaces: 2
  • General: BrickMore than 2 StoriesBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: S GLENDALE 55 LATHRUPS DEXTER BOULEVARD SUB L32 P15 PLATSW C R 12/217 35 X 121.56
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Erick Howard, Amin Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Durfee Elementary-Middle School

2425 Tuxedo St, Detroit, MI, 48206

Grades KG-8

0.81 miles away

D

Durfee Elementary-Middle School

2425 Tuxedo St, Detroit, MI, 48206

Grades KG-8

0.81 miles away

C

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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