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$499,999
-- Bed
8 Baths8 full baths
3,370sqft
11744 Cascade St, Detroit, MI 48204
$499,999
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Multi Family
Built in 1930
$-- HOA
3,049.2 sqft lot
$148/sq.ft
Description
Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price
- Houzeo last checked: 43 minutes ago
- Listing updated: July 7, 2026 at 12:45 am
- Listing Provided by: Paris Laurent (313) 214-6505 DRE #6501460811 | RE/MAX Leading Edge (313) 277-7777
- Source: MiRealSource MLS-MI | MLS#: 61001829
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
3,370 sqft
Lot Size
3,049.2 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
61001829
MLS Status
Active
Days on Market
48
Cumulative Days on Market
298
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
