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Off market
  • $592,800

    18037 Pelkey St, Detroit, MI 48205

    10beds
    5,364sqft
    MultiFamily
    Built in 1929
    -- sqft lot
    $592,800 Zestimate®
    $111/sqft
    $1,067 Estimated rent

    Home value

    $592,800

    $539,000 - $652,000

    $1,067/mo

    Zestimate® history
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    Owner options

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    $1,067/mo

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    $1,067/mo

    Rent Zestimate®

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    $4,065/mo

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    $4,065/mo

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    What's special

    Freshly rolled paintSpacious unitBrand new roofBrand new carpet

    REDUCED! LOCATED 8 MINUTES FROM THE INFAMOUS EAST ENGLISH VILLAGE DISTRICT, YOU WILL FIND 18037 PELKEY NESTLED ON A 5,364 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL BOASTS A BRAND NEW ROOF TO ENSURE REPEAT DIVIDENDS FOR MANY YEARS TO COME. YOUR APARTMENT COMPLEX CONSISTS OF 10 RECENTLY REMODELED 1 BED ROOM UNITS. EACH UNIT HAS BEEN UPGRADED AND HAS ENTIRELY BRAND NEW ELECTRICAL AND PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. FURTHERMORE THE ENTIRE COMPLEX HAS NEW ELECTRICAL AND PLUMBING FROM TOP TO BOTTOM. EACH SPACIOUS UNIT HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. 10 OF THE 10 UNITS ARE LEASED TO SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS ARE JUST UNDER $10,000 PER MONTH. THE TENANTS PAY ALL UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN OVER 20% CASH ON CASH RETURN. PROPERTY TAXES HAVE BEEN REDUCED TO ROUGHLY $100 PER MONTH. THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    • Full bathrooms: 10
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Basement (not specified)
    Interior area
    • Total interior livable area: 5,364 sqft

    Property

    Parking
    • Parking features: On-street
    Lot
    • Size: 5,364 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1929

    Community & neighborhood

    Location
    • Region: Detroit

    Other

    Other facts
    • Accepts applicants with section 8 vouchers
    • Income-Restricted

    Price history

    DateEventPrice
    7/17/2025Listing removed--
    Source: Owner Report a problem
    7/9/2025Price change$550,000-8.2%$103/sqft
    Source: Owner Report a problem
    7/1/2025Price change$599,000-7.8%$112/sqft
    Source: Owner Report a problem
    6/24/2025Price change$650,000-7.1%$121/sqft
    Source: Owner Report a problem
    6/18/2025Listed for sale$700,000+161.2%$130/sqft
    Source: Owner Report a problem
    8/26/2022Listing removed--
    Source: Realcomp II #20221021795 Report a problem
    7/22/2022Listed for sale$268,000$50/sqft
    Source: Realcomp II #20221021795 Report a problem
    4/19/2021Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    3/19/2021Listed for rent$900
    Source: Zillow Rental Network_1 Report a problem
    3/3/2021Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    1/19/2021Listed for rent$900
    Source: Zillow Rental Network_1 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mapleridge

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $592,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $592,800