About This Home

This 5-bedroom, 2-bathroom single family at 343 Elmhurst Street in Detroit, MI is listed for $235,000 ($96 per sqft). Built in 1916, the home offers 2,442 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1916
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full
1916
Listing Description

This extensively renovated 5-bedroom, 2-bath Colonial is currently tenant occupied with a lease generating $2,100 per month ($25,200 annually), providing immediate rental income from day one. Acquired in 2023 and fully renovated prior to tenant occupancy, the property features updated flooring, fresh paint, a modernized kitchen, renovated bathrooms

, newer windows, updated electrical and plumbing, a newer roof, and numerous additional improvements throughout. Offering approximately 2,442 square feet of living space, spacious room sizes, and a versatile floor plan, this property presents an outstanding opportunity for investors seeking a quality, low-maintenance asset with strong long-term appreciation potential.

Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied-please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition.

Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

Monthly Cost Estimate

$1,257/mo

20% down · 6.5% · 30 years

Principal$170
Interest$1,018
Insurance$69

Estimates only. Actual payments may vary.

Location

343 Elmhurst Street

Detroit, MI 48203

Tuxedo Manor Sub

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 5-bedroom, 2-bathroom single family at 343 Elmhurst Street is listed at $235,000 ($96/sqft). The estimated monthly payment is $1,257 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1916, 0.11 acre lot, 2 stories.

This property is listed by Jay Naim and can be reached at 3135716581.

JN

Jay Naim

Agent at EXP Realty Main

(313) 571-6581

Listed by EXP Realty Main · View on Broker Site

MLS# 20261056873· Source: listhub· 1 day on market

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

343 Elmhurst Street, Detroit, MI 48203

Open this listing in: