$199,900

4059 Tyler Street, Detroit, MI 48238

  • 3 baths |
  • 2,668 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $75/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit's consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today's market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!

Listing Status:
Active
Date Added:
February 17, 2026
Data Last Updated:
February 28, 2026 at 3:47AM
Listing Office:
Time Wise Realty Group LLC : 734-590-1150
Listing Agent:
Andrea Sleek : 734-678-5720
MLS ID:
60970291
  • Heating: Hot Water
  • Other Structures: Porch
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: S TYLER 243 SULLIVANS DEXTER BLVD SUB NO 1 L55 P53 PLATSW C R 14/211 35 X 116
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Andrea Sleek , Time Wise Realty Group LLC

Monthly Payment

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

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Location

Schools Nearby

K

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.91 miles away

K

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.91 miles away

C

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

1.13 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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