$85,000

5279 Cadieux Road, Detroit, MI 48224

  • 3 beds |
  • 2 baths |
  • 1,161 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 2 hours ago

Property Description

Tenant in place. Income from day one. Future upside built in. This professionally managed brick bungalow in Detroit's sought-after East English Village offers the kind of straightforward investment opportunity investors are actively looking for. Priced at $85,000, this 3-bedroom, 2-bath home with a 1.5-car garage comes with a tenant already in place through April 2027, generating $1,100/month in gross rent with the tenant paying all utilities. The current tenant has occupied the property since 2023, providing immediate stability, while current lease provides immediate income with room for future rental optimization. Major improvements completed in 2023, including the furnace, hot water heater, and basement waterproofing, help minimize deferred maintenance concerns, while professional management makes ownership transition simple. With established tenancy, strong neighborhood appeal, and immediate income, this is an ideal addition for investors seeking a low-friction portfolio acquisition. Lease, ledger and due diligence documentation available.

Listing Status:
Active
Date Added:
May 20, 2026
Data Last Updated:
May 21, 2026 at 3:46AM
Listing Office:
REMAX City Centre : 313-528-3002
Listing Agent:
Gentraia Brown : 248-469-2533
MLS ID:
60994882
  • Kitchen: Floor: Ceramic
  • Dining: Floor: Wood
  • Living Room: Floor: Wood
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: Bungalow
  • Parking: Parking spaces: 1
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: W CADIEUX 4&3 AND E 10 FT OF VAC ALLEY ADJ BERNARD VOGT SUB L62 P38 PLATSW C R 21/981 40 X 111
  • Water: Public Water at Street
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Gentraia Brown , REMAX City Centre

Monthly Payment

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

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Location

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