MI > Detroit > Stephens Elm Park
Detroit, MI 48213,5907 Iroquois Street
Detroit, MI 48213,5907 Iroquois Street
Detroit, MI 48213,5907 Iroquois Street
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$390,000
Est. payment /mo
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4 Beds
4.5 Baths
4,680 SqFt
New

5907 Iroquois Street Detroit, MI 48213

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Cyrus Wheeler

Cyrus Wheeler

+1(248) 885-2646

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $83

Subdivision Stephens Elm Park

MLS Listing ID 20251021902

Style Quadruplex

Bedrooms 4

Full Baths 4

Half Baths 1

Year Built 1923

Annual Tax Amount $7,642

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 60X110

Property Sub-Type Quadruplex

Source Realcomp II Ltd

Property Description

START CASH FLOWING - Two units leased at $1,759 and $960/month with room for rent increases. Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio. Don't miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.

Location

State MI

County Wayne

Area Det: 6-Mack I75-Conner

Zoning Multi-Family

Direction Gratiot Ave To E Warren To Iroquois

Rooms

Basement Unfinished

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Quadruplex

Level or Stories 2 Story

Structure Type Aluminum,Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 17007335

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2024

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Xhejms Shahinaj of Clyde Realty LLC

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agent

Cyrus Wheeler

Broker | License ID: 6501414673

+1(248) 885-2646

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5907 Iroquois Street