For sale

$315,000

7225 American St, Detroit, MI 48210

8beds

3,348sqft

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Multi Family

Built in 1926

-- sqft lot

$186,200 Zestimate^®

$94/sqft

$-- HOA

What's special

Turn-key quadplex opportunity in the heart of Detroit offering both immediate income and long-term upside. This well-maintained property features four units, with three currently leased—bringing in a projected income of approximately $3,800/month. Perfect for FHA buyers and investors alike, this is an ideal chance to house hack, build equity, or expand your portfolio with minimal vacancy risk on day one. Whether you're looking to live in one unit and let the others pay your mortgage or secure a strong cash-flowing investment, this property checks all the boxes. Conveniently located near major roads, schools, and city amenities, this is Detroit multifamily living at its best—simple, strategic, and income-producing from the start.

6 days

243

16

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 3,348 sqft
Finished area above ground: 3,348

Property

Parking

Total spaces: 4
Parking features: On Street

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 4,791 Square Feet
Dimensions: 36.61 x 129.21

Details

Parcel number: W18I013697S
Zoning description: Multiple
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Quadruplex
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Drainage System, Poured

Condition

New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: DOVERCOURT PARK

Location

Region: Detroit

Financial & listing details

Price per square foot: $94/sqft
Tax assessed value: $24,331
Annual tax amount: $3,305
Date on market: 6/30/2026
Cumulative days on market: 6 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$186,200

$142,000 - $236,000

$2,383/mo

Price history

Date	Event	Price
6/30/2026	Listed for sale	$315,000+142.3%$94/sqft
Source: Realcomp II #20261048588 Report a problem
5/2/2023	Sold	$130,000-55.9%$39/sqft
Source: Public Record Report a problem
3/2/2023	Listing removed	$295,000$88/sqft
Source: Realcomp II #20221049211 Report a problem
10/6/2022	Listed for sale	$295,000-7.8%$88/sqft
Source: Realcomp II #20221049211 Report a problem
1/11/2022	Listing removed	--
Source: Realcomp II #2210099609 Report a problem
12/21/2021	Price change	$320,000-2.4%$96/sqft
Source: Realcomp II #2210099609 Report a problem
12/6/2021	Listed for sale	$328,000-2.1%$98/sqft
Source: Realcomp II #2210099609 Report a problem
11/20/2021	Listing removed	--
Source: Realcomp II #2210068943 Report a problem
11/3/2021	Price change	$335,000-4%$100/sqft
Source: AAABOR #486672020 Report a problem
10/18/2021	Price change	$349,000-1.7%$104/sqft
Source: Realcomp II #2210068943 Report a problem
10/7/2021	Price change	$355,000-1.4%$106/sqft
Source: Realcomp II #2210068943 Report a problem
9/29/2021	Listed for sale	$360,000$108/sqft
Source: Realcomp II #2210068943 Report a problem
9/14/2021	Listing removed	--
Source: Realcomp II #2210068943 Report a problem
8/19/2021	Listed for sale	$360,000+71.4%$108/sqft
Source: Realcomp II #2210068943 Report a problem
11/12/2019	Sold	$210,000+546.2%$63/sqft
Source: Public Record Report a problem
10/13/2019	Listing removed	$650
Source: Munoz Realty Inc #219096129 Report a problem
9/18/2019	Sold	$32,500-33.7%$10/sqft
Source: Public Record Report a problem
9/17/2019	Listed for rent	$650
Source: Munoz Realty Inc #219096129 Report a problem
8/9/2019	Pending sale	$49,000$15/sqft
Source: Keller Williams Realty West Bloomfield Market Center #219035492 Report a problem
4/20/2019	Listed for sale	$49,000+117.8%$15/sqft
Source: Keller Williams Home #219035492 Report a problem
3/1/2004	Sold	$22,500-67.3%$7/sqft
Source: Public Record Report a problem
2/24/2003	Sold	$68,731$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$23,600 +22.9%
2024	--	$19,200 +19.3%
2023	--	$16,100 +22%
2022	--	$13,200 +8.2%
2021	--	$12,200
2020	$431 -50.3%	$12,200 -10.3%
2019	$866	$13,600 -10.5%
2018	$866	$15,200 +15.2%
2017	--	$13,200 +112.9%
2016	$1,189	$6,200
2015	$1,189 +37.2%	$6,200 -28.4%
2013	$866 -27.1%	$8,663 -30.2%
2010	$1,189	$12,412 -12%
2009	--	$14,104 -10.5%
2008	--	$15,759
2007	--	$15,759 +5.5%
2005	$181	$14,937 +3%
2004	--	$14,502 +55.8%
2001	$606	$9,306

Find assessor info on the county website

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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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