4059 Tyler St, Detroit, MI 48238

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$180,000
List Price
$199,900
Closing Date
Apr 14, 2026
MLS#
20261010032
Status
CLOSED
Bathrooms
3
Subdivision
SULLIVANS DEXTER BLVD 1

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!

Additional Information

Year Built
1930
Basement Type
Full, Unfinished
Acres
0.09
Style
Triplex
Acres
0.09
School District
Detroit
Heating
Hot Water, Natural Gas
Exterior Features
Awning(s)
Garage Description
Parking Pad

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Time Wise Realty Group LLC 7345901150

Selling Office: Lambrecht Realty LLC.