$189,900

4535 Cadieux # 18, 22, 42, Detroit, MI 48224

3 baths |
1,926 sqft

Multi-Family Home
Built in 1972
0.9acre lot
—— car garage
$99/sqft
Listed 2 months ago

Property Description

Welcome to 4535 Cadieux, an outstanding investment opportunity in the heart of Detroit's 48224 ZIP code. This property features three separate units, each generating monthly rental income for a total of $3,000 per month SECTION 8. Each unit includes one dedicated parking spot, providing added convenience for tenants. There are no association fees, and the owner does not pay for water or gas - tenants are responsible for managing their own electrical utility bills. This arrangement makes the property a truly hassle-free investment with excellent income potential. The neighborhood offers convenient access to local amenities, sitting just 0.3 miles from the Cadieux Café and less than a mile from Balduck Park's green spaces. Families will appreciate the proximity to Carleton Elementary School and East English Village Preparatory Academy, and grocery shopping couldn't be easier with Aldi just 0.6 miles away. Quick access to I-94 ensures easy commutes and connections throughout Detroit. Nestled on a welcoming, tree-lined street, this property provides both a peaceful atmosphere and the benefits of urban living. Enjoy the vibrant community known for its friendly neighbors and strong sense of security - an attractive feature for potential tenants and owners alike. If you are seeking a well-located multifamily property with proven income and low expenses, 4535 Cadieux is an exceptional choice. Discover how this property can work for you.

Listing Status:: Active
Date Added:: August 25, 2025 at 05:00AM
Listing Office:: JNA Real Estate : 248-648-0484
Listing Agent:: Rashad Elabed : 734-497-5558
MLS ID:: 60931019

Heating: Forced Air

General: BrickOneSlab

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: W CADIEUX APT 103107210 (18) (22) (42) WAYNE COUNTY CONDOMINIUM SUB PLAN NO 55 AKA EASTPOINTE CONDOMINIUM L18086 P319-353 DEEDSW C R 21/1042 2.941%

Water: Public

Source: MiRealSource

This listing courtesy of Rashad Elabed, JNA Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J E Clark Preparatory Academy

15755 Bremen St, Detroit, MI, 48224

Grades PK-8

0.90 miles away

J E Clark Preparatory Academy

15755 Bremen St, Detroit, MI, 48224

Grades PK-8

0.90 miles away

East English Village Preparatory Academy at Finney

5020 Cadieux Rd, Detroit, MI, 48224

Grades 9-12

0.36 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.