Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit’s consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today’s market.
All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles.
Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!
Sold for $180,000
$180,000
4059 Tyler St, Detroit, MI 48238
5beds
4,002sqft
Multi Family
Built in 1930
-- sqft lot
$181,500 Zestimate®
$45/sqft
$1,404 Estimated rent
Home value
$181,500
$167,000 - $198,000
$1,404/mo
Zestimate® history
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$1,404/mo
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$1,404/mo
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$1,310/mo
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$1,310/mo
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Zillow last checked:
Listing updated:
Listed by:
Andrea Sleek 734-590-1150,
Time Wise Realty Group LLC
Bought with:
John W Lambrecht Jr, 6501375482
Lambrecht Realty LLC
Source: Realcomp II,MLS#: 20261010032
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 4,002 sqft
- Finished area above ground: 2,668
- Finished area below ground: 1,334
Property
Parking
- Total spaces: 3
- Parking features: Parking Pad
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Awnings
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 35 x 116
Details
- Parcel number: W14I005254S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: SULLIVANS DEXTER BLVD 1
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $45/sqft
- Tax assessed value: $75,200
- Annual tax amount: $9,525
- Date on market: 2/17/2026
- Cumulative days on market: 29 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Sold | $180,000-10%$45/sqft |
Source:  Realcomp II #20261010032 Report a problem | ||
| 3/17/2026 | Pending sale | $199,900$50/sqft |
Source: Realcomp II #20261010032 Report a problem | ||
| 2/18/2026 | Listed for sale | $199,900+42.8%$50/sqft |
Source: Realcomp II #20261010032 Report a problem | ||
| 5/31/2023 | Sold | $140,000$35/sqft |
Source: Realcomp II #20230021825 Report a problem | ||
| 4/26/2023 | Pending sale | $140,000$35/sqft |
Source: Realcomp II #20230021825 Report a problem | ||
| 3/31/2023 | Listed for sale | $140,000-9.7%$35/sqft |
Source: Realcomp II #20230021825 Report a problem | ||
| 9/1/2022 | Listing removed | -- |
Source: Real Estate One Report a problem | ||
| 7/20/2022 | Price change | $155,000-11.4%$39/sqft |
Source: Realcomp II #2220036301 Report a problem | ||
| 7/9/2022 | Price change | $175,000-12.5%$44/sqft |
Source: Realcomp II #2220036301 Report a problem | ||
| 5/18/2022 | Listed for sale | $199,999+273.8%$50/sqft |
Source: Realcomp II #2220036301 Report a problem | ||
| 10/11/2019 | Sold | $53,500+98.1%$13/sqft |
Source: Public Record Report a problem | ||
| 5/23/2017 | Sold | $27,000$7/sqft |
Source: Public Record Report a problem | ||
| 2/12/2017 | Listing removed | $27,000$7/sqft |
Source: Downtown Realty #217009181 Report a problem | ||
| 2/7/2017 | Listed for sale | $27,000-69.5%$7/sqft |
Source: Downtown Realty #217009181 Report a problem | ||
| 1/29/2016 | Listing removed | $475 |
Source: Michigan Global Management LLC Report a problem | ||
| 9/30/2015 | Listed for rent | $475-20.2% |
Source: Michigan Global Management Report a problem | ||
| 10/31/2014 | Listing removed | $595 |
Source: Michigan Global Management Report a problem | ||
| 10/4/2014 | Listed for rent | $595 |
Source: Michigan Global Management Report a problem | ||
| 5/20/2014 | Listing removed | $595 |
Source: Michigan Global Management Report a problem | ||
| 5/1/2014 | Sold | $88,500+342.5%$22/sqft |
Source: Public Record Report a problem | ||
| 2/19/2014 | Price change | $595+32.2% |
Source: Michigan Global Management Report a problem | ||
| 1/13/2014 | Price change | $450-28% |
Source: Michigan Global Management Report a problem | ||
| 12/18/2013 | Listed for rent | $625 |
Source: Michigan Global Management Report a problem | ||
| 10/30/2013 | Sold | $20,000$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $74,300 +22.8% |
| 2024 | -- | $60,500 +21.7% |
| 2023 | -- | $49,700 +36.2% |
| 2022 | -- | $36,500 +7.7% |
| 2021 | -- | $33,900 |
| 2020 | $3,699 +47.8% | $33,900 +31.9% |
| 2019 | $2,502 | $25,700 +2.8% |
| 2018 | $2,502 | $25,000 +1.6% |
| 2017 | -- | $24,600 -50.3% |
| 2016 | $1,342 | $49,500 +159.2% |
| 2015 | $1,342 -1.1% | $19,100 -28% |
| 2013 | $1,357 +1.1% | $26,540 -30.2% |
| 2010 | $1,342 | $38,027 -12% |
| 2009 | -- | $43,213 -10.5% |
| 2008 | -- | $48,283 |
| 2007 | -- | $48,283 +5.5% |
| 2005 | $136 | $45,766 +3% |
| 2004 | -- | $44,433 |
Find assessor info on the county website
Neighborhood: Russell Woods
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Nearby schools
GreatSchools rating
- 3/10Durfee Elementary-Middle SchoolGrades: PK-8Distance: 1.1 mi
- 4/10Central Collegiate AcademyGrades: 9-12Distance: 1.1 mi
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Estimated market value
$181,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$181,500
- Michigan
- Wayne County
- Detroit
- 48238
- Russell Woods
- 4059 Tyler St
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