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7135 Elmhurst ST Detroit, MI 48204
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $35
Subdivision Ponchartrain Heights Sub
MLS Listing ID 20261033627
Sold Date 05/27/26
Style Triplex
Full Baths 3
Year Built 1926
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type MultiFamily
Property Description
ATTENTION INVESTORS and ENTREPENEURS!! High-Value Triplex Opportunity – 7135 Elmhurst, Detroit! ARV 260K. This amazing 9 BED 3 BATH TRIPLEX is ready for your finishing touches! The property includes: NEW WINDOWS, NEW ELECTRICAL, NEW PLUMBING, NEW MECHANICALS. Available side lot $3000. This property is adjacent to a fully occupied block of cash flowing units. This property has a LIVABLE unit! Move in and renovate. Stop paying rent and start paying yourself! This fully gutted Detroit triplex at 7135 Elmhurst is stripped to the studs and primed for your vision, with one unit already livable so you can move in or generate income while you renovate. The heavy lifting is done — bring your finishes and start building wealth immediately. Each of the three spacious units features 3 bedrooms, offering maximum rental appeal and strong tenant demand. The layout includes two upper units plus a lower-level unit, providing flexible living and rental configurations. With projected rents of $1,200 per unit, this property has the potential to generate $3,600/month in gross rental income — and an impressive After Repair Value of $260,000 makes the numbers work beautifully for any serious investor. As if that weren't enough, an adjacent side lot is available for just $3,000 — ideal for additional parking, a garage build, or future development. Buy both and maximize your investment footprint!
Whether you're looking to house hack, add to your portfolio, or flip for equity, 7135 Elmhurst checks every box. All new electric, plumbing, mechanicals, and windows mean the infrastructure is solid — just add your finishing touches and watch this asset perform. Priced to move — don't let this Detroit gem slip away!
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Garage
Pool None
View Y/N No
Roof Type Asphalt
Garage true
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, FHA203K
Listing Terms Cash, FHA203K
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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