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About This Home

This 1-bedroom, 1-bathroom single family at 3026 Mount Elliott Street in Detroit, MI is listed for $78,500 ($79 per sqft). Built in 1912, the home offers 1,000 sqft of living space on a 0.11 acres lot.

Agent Description

BACK ON MARKET REDUCED PRICE - SELLERS WANT TO MAKE A DEAL !! This duplex offers an exceptional opportunity for investors and developers seeking a long-term project in one of Detroit's most strategically located neighborhoods. Situated just 10 minutes from Downtown Detroit, residents can easily access the city's major sports arenas, entertainment venues, and cultural attractions.

The property is also conveniently located 10 minutes from Belle Isle Park, 5 minutes from the historic Eastern Market, and just steps away from the world-famous Heidelberg Project, a landmark outdoor art installation. With its generous dimensions and flexible layout, the home presents multiple development possibilities.

The structure can be reimagined into up to four apartment units, two per floor, with additional potential for an extra unit on the third floor. The property has already completed the demolition phase, providing a clean slate for the next owner to design and build according to their specific vision.

This flexibility makes it ideal for Airbnb conversions, long-term rentals, or custom residential development. The livable square footage is roughly 1,000sq ft. However, the total square footage of the home is 2,565 allowing for a wide variety of potential changes to the floor plan as most of the house is unfinished.

Currently, the property includes a small apartment on the first floor, suitable for one or two occupants, which can be used as temporary housing or an initial rental unit during the renovation process. Combining a prime location, versatile structure, and unlimited design potential.

Key Features

  • Built in 1912
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
1 full
1912

Monthly Cost Estimate

$420/mo

20% down · 6.5% · 30 years

Principal$57
Interest$340
Insurance$23

Estimates only. Actual payments may vary.

Location

3026 Mount Elliott Street

Detroit, MI 48207

Walkers Sub

Property Details

Construction

Vinyl

Heating

Forced Air

Questions & Answers

This 1-bedroom, 1-bathroom single family at 3026 Mount Elliott Street is listed at $78,500 ($79/sqft). The estimated monthly payment is $340 based on 20% down at 6.5% interest.

Key features include: Built in 1912, 0.11 acre lot, 3 stories.

This property is listed by Bashar G Nijem and can be reached at (313) 466-7253 or george@dtrdetroit.com.

BN

Bashar G Nijem

Agent at Realtyflo Inc

(313) 466-7253

Listed by Realtyflo Inc · View on Broker Site

MLS# 20251053230· Source: listhub· Updated 203 days ago

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3026 Mount Elliott Street, Detroit, MI 48207

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