# 3465 Wager Street, Detroit, MI 48206

> **TL;DR:** 10bd/4ba residential multi family, $25,000 ($8/sqft), built 1923, 3,326 sqft. Est. $108/mo. Listed 250 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $25,000 |
| Price/sqft | $8 |
| Bedrooms | 10 |
| Bathrooms | 4 full |
| Square Feet | 3,326 |
| Year Built | 1923 |
| Lot Size | 3,485 sqft (0.08 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 250 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $108 |
| **Total** | **$108** |

## Property Highlights

- Built in 1923
- 0.08 acre lot
- 2 stories

## Description

### Agent Description
Great investment opportunity in the heart of a thriving area. This 4 unit multi-family with over 3300 square feet is one you don't want to miss. This property needs a full rehab but is guaranteed to be an income producing benefit for those looking to buy and hold and a great fix & flip for investors. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

## Location

- **Address:** 3465 Wager Street, Detroit, MI 48206
- **County:** Wayne
- **Neighborhood:** Wagers Sub
- **Coordinates:** 42.371468, -83.117769
- **Google Maps:** https://www.google.com/maps?q=42.371468,-83.117769

## Listing Agent

- **Name:** Natasha C Richards
- **Brokerage:** Bellabay Realty Tri Counties
- **Phone:** (248) 274-6614
- **Email:** natasharichards@comcast.net

## Primary Photo

![3465 Wager Street - Primary Photo](http://lh.rdcpix.com/e1b77e6f65e5aef4d54d6a67cec47773l-f3785439624r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/3465-wager-street-detroit-mi-48206-51036430)*

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**MLS#:** 20251036430 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3465-wager-street-detroit-mi-48206-51036430)

---

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