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508 - 506 Kenilworth, Detroit, MI 48202

Detroit
Local realty services provided by:CENTURY 21 Northland
508 - 506 Kenilworth,Detroit, MI 48202
$400,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniela bilan
Office: max broock, realtors-detroit
MLS#:60994106
Source:MI_REALSOURCE

Price summary

  • Price:$400,000

About this home

Fantastic Investment Opportunity in Detroit's Fastest-Growing Zip Code! PLEASE DO NOT DISTURB THE TENANTS! Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit's North End - the city's most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month to month. The cap rate for the market rent and area is 12% ROI. This well maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit's premier redevelopment corridors. The North End is quickly becoming one of Detroit's most desirable areas, fueled by major nearby investment including the $2.2 billion redevelopment project transforming the city's core. Residents enjoy quick access to Midtown, New Center, and Downtown Detroit, all just minutes away. The property is conveniently close to major landmarks such as the Fisher Building, Henry...

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Home facts

  • Year built:1911
  • Listing ID #:60994106
  • Added:31 day(s) ago
  • Updated:June 19, 2026 at 10:11 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1911
  • Construction Materials:Brick
  • Foundation Description:Basement
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$400,000
  • Tax amount:$1,350

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