For sale

$250,000

4053 Tyler St, Detroit, MI 48238

5beds

2,649sqft

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Multi Family

Built in 1930

-- sqft lot

$246,100 Zestimate^®

$94/sqft

$-- HOA

What's special

Welcome to this spacious and well-maintained three-unit brick home, perfect for investors seeking instant rental income. This turn-key property is rental city certified and has passed inspections through MSHDA/HUD, total monthly collected rent is $3,738! Each unit boasts beautiful hardwood floors, offering classic charm and easy maintenance. The shared basement includes on-site laundry, adding convenience for tenants. Off-street parking ensures ease and security for all residents. Heat and water are included, with renters paying electric. This home is a smart addition to any portfolio. Don’t miss your chance to own a solid income-producing property in a desirable area. Whether you're looking to expand your investments or live in one unit while earning from the others, this property checks all the boxes! *Please note, a tenant paying $1,019 in an upper one bedroom unit is vacating June 30th. Seller has an FHA assumable mortgage with low 3% interest rate for a primary home.*

33 days

328

23

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Radiant

Appliances

Laundry: Laundry Room

Features

Basement: Common,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,649 sqft
Finished area above ground: 2,649

Property

Parking

Parking features: Parking Lot, Parking Pad, Paved, Shared Driveway, Unassigned

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 35.00 x 116.00

Details

Parcel number: W14I005253S
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Common Entry Building,Colonial
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Block

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Sewer At Street
Water: Waterat Street

Community & HOA

Community

Subdivision: SULLIVANS DEXTER BLVD NO 1 (PLATS)

Location

Region: Detroit

Financial & listing details

Price per square foot: $94/sqft
Tax assessed value: $63,945
Annual tax amount: $5,641
Date on market: 5/27/2026
Cumulative days on market: 33 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Warranty Deed

Estimated market value

$246,100

$234,000 - $258,000

$1,466/mo

Price history

Date	Event	Price
5/27/2026	Listed for sale	$250,000$94/sqft
Source: Realcomp II #20261038606 Report a problem
1/6/2026	Listing removed	$250,000$94/sqft
Source: Realcomp II #20251046602 Report a problem
10/17/2025	Listed for sale	$250,000$94/sqft
Source: Realcomp II #20251046602 Report a problem
9/1/2025	Listing removed	$250,000$94/sqft
Source: Realcomp II #20250026571 Report a problem
7/25/2025	Listed for sale	$250,000$94/sqft
Source: Realcomp II #20250026571 Report a problem
7/12/2025	Pending sale	$250,000$94/sqft
Source: Realcomp II #20250026571 Report a problem
4/16/2025	Listed for sale	$250,000+16.3%$94/sqft
Source: Realcomp II #20250026571 Report a problem
12/20/2024	Listing removed	$1,019
Source: Zillow Rentals Report a problem
8/31/2024	Listed for rent	$1,019-14.7%
Source: Zillow Rentals Report a problem
8/6/2024	Listing removed	$1,195
Source: Zillow Rentals Report a problem
7/27/2024	Listed for rent	$1,195-25.1%
Source: Zillow Rentals Report a problem
4/2/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/6/2024	Listed for rent	$1,595$1/sqft
Source: Zillow Rentals Report a problem
4/15/2022	Sold	$215,000+7.6%$81/sqft
Source: Realcomp II #2220002912 Report a problem
1/27/2022	Listed for sale	$199,900+263.5%$75/sqft
Source: Realcomp II #2220002912 Report a problem
12/11/2018	Sold	$55,000+10.2%$21/sqft
Source: Public Record Report a problem
9/21/2014	Listing removed	$49,900$19/sqft
Source: Accredited Real Estate LLC #214063360 Report a problem
8/23/2014	Listed for sale	$49,900$19/sqft
Source: Accredited Real Estate LLC #214063360 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$74,900 +23%
2024	--	$60,900 +21.6%
2023	--	$50,100 +36.1%
2022	--	$36,800 +7.9%
2021	--	$34,100
2020	$2,602 +38.4%	$34,100 +30.2%
2019	$1,881	$26,200 +10.1%
2018	$1,881	$23,800 +1.7%
2017	--	$23,400 -50.2%
2016	$1,019	$47,000 +158.2%
2015	$1,019 -21.6%	$18,200 -28.2%
2013	$1,300 +27.6%	$25,335 -30.2%
2010	$1,019	$36,301 -12%
2009	--	$41,251 -10.5%
2008	--	$46,091
2007	--	$46,091 +5.5%
2005	$130	$43,688 +3%
2004	--	$42,416

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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