$450,000

508 Kenilworth, Detroit, MI 48202

  • 4 baths |
  • 3,900 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $115/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Fantastic Investment Opportunity in Detroit’s Fastest-Growing Zip Code! Welcome to 508 Kenilworth Street, a fully occupied fourplex located in the heart of Detroit’s North End - the city’s most exciting and rapidly developing neighborhood, part of the highly sought-after 48202 zip code. Each of the four units features 2 bedrooms and 1 full bath, all currently leased month-to-month at $1,000 per unit, generating a strong $4,000 monthly gross income. This well-maintained property offers both immediate cash flow and long-term appreciation potential in one of Detroit’s premier redevelopment corridors. The North End is quickly becoming one of Detroit’s most desirable areas, fueled by major nearby investment including the $2.2 billion redevelopment project transforming the city’s core. Residents enjoy quick access to Midtown, New Center, and Downtown Detroit, all just minutes away. The property is conveniently close to major landmarks such as the Fisher Building, Henry Ford Hospital, Detroit Medical Center, and Wayne State University, as well as numerous dining, shopping, and entertainment options. Outdoor enthusiasts will appreciate the proximity to Gordon Park and other neighborhood green spaces, while commuters benefit from easy connections to Woodward Avenue and I-75. This location combines strong rental demand with a deep sense of community and ongoing revitalization. The North End is rich in history, creativity, and culture, home to local art studios, neighborhood cafes, and new businesses fueling Detroit’s urban renaissance. The area’s central location and infrastructure improvements continue to attract new residents and investors alike, ensuring sustained property value growth. With 100% occupancy, month-to-month leases, and room for rental increases, 508 Kenilworth represents an exceptional turnkey investment opportunity. Add this income-producing asset to your portfolio today and secure a prime property in a booming Detroit market.

Listing Status:
Active
Listing Office:
Max Broock, REALTORS®-Detroit : 3133248430
Listing Agent:
Daniela Bilan : 7866812003
MLS ID:
20251051799
  • Basement: Unfinished
  • Heating: Forced airNatural gas
  • Style: Colonial
  • Pool: None
  • General: BrickTwoBasementBrick mortar
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: S KENILWORTH N 69.50 FT OF LOT 1 N 69.50 FT OF THE W 20 FT OF LOT 2 GLOVERS MOTT AVE SUB L25 P59 PLATS WCR 60 X 69.50W03I002600S001
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Daniela Bilan, Max Broock, REALTORS®-Detroit

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.33 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.33 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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