$200,000
 $1,074 est/mo Sourced by Back At You

7507 Hanover Street,Detroit, MI 48206

Detroit, MI 48206

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Description

Limited time opportunity: All offers must be submitted by October 15th, 2026. Property will be taken off the market if not under contract by this date. Multi-family Investment Property located in the historic Lasalle Gardens neighborhood. Each unit has 3bedrooms and has been freshly painted in nice neutral colors, laminate and hardwood flooring, nice modern kitchen with wooden cabinetry and stainless steel appliances. Each unit has a stackable washer and dryer in unit for convience. Property also has a basement for storage. Property was completely rehabbed in 2019 with new heating,plumbing and electrical. Roof and gutters replaced in 2024, sump pump and french drain installed in 2021, Sewer line was replaced to the main in 2025. This property was previously rented for $1120.00 per unit. Potential earnings of $1350.00 per unit.Property is located near expressways, Q-line, Henry Ford Hospital,Midtown and Downtown Detroit. This is a great Investment in a prime area!

Details

MLS #70526115
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1918
Days On Site179
Listing Provided ByeXp Realty, LLC | Lakeisha Akogoh

Features

BasementY
Units2
Acreage0.06

Interior

Heating Yes / NoYes
HeatingForced Air, Wall Furnace

Exterior

Construction MaterialsBrick, Vinyl Siding
Foundation DetailsBasement
Lot FeaturesSidewalks

Other

List AorGreater Metropolitan Association of REALTORS

Taxes

Property780

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Listing VS Median (in 48206)
Price:
$200,000
low | high
Med:
$129,900
85.05% of Average
On site:
179
low | high
Med:
89
100% of Average
Sourced by Back At You

Market Activity 48206

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDetroit (82001)
Listing VS Median (in 48206)
Price:
$200,000
low | high
Med:
$129,900
85.05% of Average
On site:
179
low | high
Med:
89
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $150K - $250K
sqft: 0 - 0
Listing Updated: October 5, 2026 at 1:26:45 PM PDT