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$ 450,000
Est. payment /mo
New
508 Kenilworth Detroit, MI 48202
4 Baths
3,900 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $115
MLS Listing ID 20251051799
Style Colonial
Full Baths 4
Year Built 1911
Property Sub-Type MultiFamily
Property Description
Fantastic Investment Opportunity in Detroit's Fastest-Growing Zip Code!
Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit's North End - the city's most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month-to-month at $1,000 per unit, generating a strong $4,000 monthly gross income. This well-maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit's premier redevelopment corridors.
The North End is quickly becoming one of Detroit's most desirable areas, fueled by major nearby investment including the $2.2 billion redevelopment project transforming the city's core. Residents enjoy quick access to Midtown, New Center, and Downtown Detroit, all just minutes away. The property is conveniently close to major landmarks such as the Fisher Building, Henry Ford Hospital, Detroit Medical Center, and Wayne State University, as well as numerous dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to Gordon Park and other neighborhood green spaces, while commuters benefit from easy connections to Woodward Avenue and I-75.
This location combines strong rental demand with a deep sense of community and ongoing revitalization. The North End is rich in history, creativity, and culture, home to local art studios, neighborhood cafes, and new businesses fueling Detroit's urban renaissance. The area's central location and infrastructure improvements continue to attract new residents and investors alike, ensuring sustained property value growth.
With 100% occupancy, month-to-month leases, and room for rental increases, 508 Kenilworth represents an exceptional turnkey investment opportunity. Add this income-producing asset to your portfolio today and secure a prime property in a booming Detroit market.
Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit's North End - the city's most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month-to-month at $1,000 per unit, generating a strong $4,000 monthly gross income. This well-maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit's premier redevelopment corridors.
The North End is quickly becoming one of Detroit's most desirable areas, fueled by major nearby investment including the $2.2 billion redevelopment project transforming the city's core. Residents enjoy quick access to Midtown, New Center, and Downtown Detroit, all just minutes away. The property is conveniently close to major landmarks such as the Fisher Building, Henry Ford Hospital, Detroit Medical Center, and Wayne State University, as well as numerous dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to Gordon Park and other neighborhood green spaces, while commuters benefit from easy connections to Woodward Avenue and I-75.
This location combines strong rental demand with a deep sense of community and ongoing revitalization. The North End is rich in history, creativity, and culture, home to local art studios, neighborhood cafes, and new businesses fueling Detroit's urban renaissance. The area's central location and infrastructure improvements continue to attract new residents and investors alike, ensuring sustained property value growth.
With 100% occupancy, month-to-month leases, and room for rental increases, 508 Kenilworth represents an exceptional turnkey investment opportunity. Add this income-producing asset to your portfolio today and secure a prime property in a booming Detroit market.
Location
State MI
County Wayne
Area Area05083Wayne
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, BrickMortar
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition ShortSaleNo, Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Daniela Bilan of Max Broock, REALTORS®-Detroit
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