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449 W Evelyn, Hazel Park, MI

Local realty services provided by:CENTURY 21 Realty North
449 W Evelyn,Hazel Park, MI
$205,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: scott rubin
Office: andover real estate dba houzeo michigan
MLS#:60957351
Source:MI_REALSOURCE

Price summary

  • Price:$205,000

About this home

This charming multi-family home located at 449 W Evelyn Ave, Hazel Park, MI, built in 1925, is full of character and potential, now offering an immediate, solid return on investment. Investor Highlights: Fully Occupied & Income-Producing: Both units are currently rented, generating a total gross monthly income of $2,000 ($24,000 annually). Approximate Investment Yield: Based on a list price of $190,000 (MLS# 20251057915), the gross annual rental income represents an approximate 12.6% Gross Cap Rate ($24,000 / $190,000). This calculation does not include operating expenses (taxes, insurance, utilities, maintenance, etc.) and is provided for preliminary financial comparison. The property features 2 bathrooms and a total finished area of 1,134 sq.ft. The home spans 2 stories and sits on a lot size of 3,049.2 sq.ft., providing plenty of outdoor space for relaxing and entertaining. With its vintage charm and spacious layout, this property offers a unique and compelling opportunity for

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Home facts

  • Year built:1925
  • Listing ID #:60957351
  • Added:42 day(s) ago
  • Updated:January 16, 2026 at 05:24 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2

Structure and exterior

  • Year built:1925
  • Lot area:0.07 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$205,000
  • Tax amount:$3,287

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