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About This Home
This 9-bedroom, 9-bathroom residential multi family at 3633 Oakman Boulevard in Detroit, MI is listed for $350,000 ($61 per sqft). Built in 1925, the home offers 5,752 sqft of living space on a 0.13 acres lot.
Excellent investment opportunity! This fully occupied 9-unit apartment building offers strong, consistent cash flow with each unit featuring 1 bedroom and 1 bathroom. Rental income varies, with some units leased at $700 per month and others at $750 per month, providing immediate returns for both new and experienced investors.
Each unit offers a comfortable layout designed for everyday convenience, and tenants benefit from a coin operated community washer and dryer on site, adding extra value and additional income potential. This is a fantastic opportunity to generate steady rental income while building long term equity. Whether you're expanding your portfolio or entering the multifamily market, this property checks all the boxes. Don't miss out!
Key Features
- Built in 1925
- 0.13 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3633 Oakman Boulevard
Detroit, MI 48204
Robert Oakmans Cortland & Ford Hwy
Property Details
Construction
Heating
Questions & Answers
This 9-bedroom, 9-bathroom residential multi family at 3633 Oakman Boulevard is listed at $350,000 ($61/sqft). The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.13 acre lot, 3 stories.
This property is listed by Danielle S Dunham and can be reached at (888) 501-7085 or danielle.dunham@exprealty.com.
