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3205 Kendall, Detroit, MI 48238

Detroit
Local realty services provided by:CENTURY 21 Realty North
3205 Kendall,Detroit, MI 48238
$1,350,000
  • 25 Beds
  • 25 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: justin zehel
Office: keller williams paint creek
MLS#:50198604
Source:MI_REALSOURCE

Price summary

  • Price:$1,350,000

About this home

Stunning brick apartment complex located on Detroit’s desirable west side in the Dexter/Linwood area. This 24-unit multifamily asset consists entirely of one-bedroom, one-bath units and is currently approximately 90% occupied, with a portion of Section 8 tenants. The property has seen several major capital improvements, including a roof approximately 5 years old, updated vinyl windows, a boiler replaced approximately 2 years ago, and a newer hot water tank. More than half of the units have been rehabilitated, offering immediate upside and reduced near-term capital expenditures. This stabilized asset operates at an impressive ~12% cap rate, generating approximately $150,000 in net annual income. An excellent opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental corridor. Serious inquiries

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Home facts

  • Year built:1925
  • Listing ID #:50198604
  • Added:47 day(s) ago
  • Updated:March 19, 2026 at 10:10 AM

Rooms and interior

  • Bedrooms:25
  • Total bathrooms:25
  • Full bathrooms:25

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Year built:1925
  • Lot area:0.2 Acres
  • Foundation Description:Basement
  • Levels:2+ Story

Utilities

  • Water:Public Water
  • Sewer:Public Sanitary

Finances and disclosures

  • Price:$1,350,000
  • Tax amount:$14,161

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