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For sale
  • $124,900

    8343 American St, Detroit, MI 48204

    3beds
    2,268sqft
    : 
    $1,135/mo
    Get pre-qualified
    Multi Family
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $55/sqft
    $-- HOA

    What's special

    Don't miss this fantastic opportunity to own a well-maintained duplex with exceptional income potential! The first unit is currently rented for $1,100 per month with a lease in place through April 2027, providing immediate and reliable cash flow. The second unit is vacant and offers the opportunity to generate an additional $1,100 in monthly rental income, making this an ideal option for investors or owner-occupants looking to live in one unit and rent the other. Each unit features a spacious layout designed for comfortable living, creating an attractive setting for both homeowners and tenants. Conveniently located near shopping, dining, schools, and major roadways, this property combines value, flexibility, and long-term potential. Schedule your showing today and explore all this duplex has to offer!
    11 days
    |
    317
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael M Phillips 313-403-0011,

    Keller Williams Legacy 313-752-0000,

    Nuhr Zeaiter 313-752-0000,

    Keller Williams Legacy

    Source: Realcomp II,MLS#: 20261063131MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Partially Finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,268 sqft
      • Finished area above ground: 1,764
      • Finished area below ground: 504

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 35 x 109
      Details
      • Parcel number: W16I024421S
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, Brick
      • Foundation: Basement, Block
      Condition
      • New construction: No
      • Year built: 1926

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $55/sqft
      • Tax assessed value: $25,900
      • Annual tax amount: $3,494
      • Date on market: 8/10/2026
      • Cumulative days on market: 29 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan
      • Exclusions: Exclusion(s) Do Not Exist

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/10/2026Listed for sale$124,900-3.9%$55/sqft
        Source: Realcomp II #20261063131 Report a problem
        8/10/2026Listing removed$130,000$57/sqft
        Source: Realcomp II #20261051196 Report a problem
        8/7/2026Listed for sale$130,000$57/sqft
        Source: Realcomp II #20261051196 Report a problem
        7/25/2026Pending sale$130,000$57/sqft
        Source: Realcomp II #20261051196 Report a problem
        7/6/2026Price change$130,000-12.2%$57/sqft
        Source: Realcomp II #20261051196 Report a problem
        5/8/2026Price change$148,000-7.5%$65/sqft
        Source: Owner Report a problem
        3/12/2026Listed for sale$160,000+3.9%$71/sqft
        Source: Owner Report a problem
        2/1/2026Listing removed$154,000$68/sqft
        Source: Realcomp II #20251008113 Report a problem
        7/30/2025Price change$154,000-0.6%$68/sqft
        Source: Realcomp II #20251008113 Report a problem
        7/2/2025Listed for sale$155,000+63.2%$68/sqft
        Source: Realcomp II #20251008113 Report a problem
        6/14/2024Sold$95,000$42/sqft
        Source: Realcomp II #20240028923 Report a problem
        5/22/2024Pending sale$95,000$42/sqft
        Source: Realcomp II #20240028923 Report a problem
        5/7/2024Listed for sale$95,000-5%$42/sqft
        Source: Realcomp II #20240028923 Report a problem
        6/8/2020Sold$100,000+566.7%$44/sqft
        Source: Public Record Report a problem
        2/7/2019Sold$15,000+1718.2%$7/sqft
        Source: Public Record Report a problem
        1/13/2012Sold$825
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $22,500 +23%
        2024-- $18,300 +20.4%
        2023-- $15,200 +22.6%
        2022-- $12,400 +7.8%
        2021-- $11,500
        2020$683 +6.4%$11,500 -9.4%
        2019$642 $12,700 +0.8%
        2018$642 $12,600 -5.3%
        2017-- $13,300 -84.8%
        2016$717 $87,400 +1842.2%
        2015$717 +13.4%$4,500 -28.8%
        2013$632 -11.8%$6,318 -30.2%
        2010$717 $9,052 -12%
        2009-- $10,286 -10.5%
        2008-- $11,493
        2007-- $11,493 +5.5%
        2005$66 $10,894 +3%
        2004-- $10,577
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Midwest

        Getting around

        11 / 100
        Car-Dependent
        43 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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