Sold
Multi Family at 2741 Monterey St, Detroit, MI 48206 | MLS# 20251022048 |  | Sold on 2025-08-28
Beds Icon

Street View

$250,000

  • Beds Icon-- Bed
  • Beds Icon
    2 Baths
  • Beds Icon4,050sqft

2741 Monterey St, Detroit, MI 48206

  • Multi Family

  • Built in 1925

  • $-- HOA

  • 0.1 acre lot

  • $62/sq.ft

Description

Both units are currently tenant-occupied, with tenants paying $1,400 per unit. Investor's Dream in Detroit's Thriving Community! Located in a desirable area south of Davison and west of Linwood, this spacious 2-family brick flat at 2741 Monterey Street is a unique investment opportunity you won't want to miss. Each unit offers generous living space and versatile layouts, perfect for rental income or multi-generational living. Each unit are very large and spacious totaling 1525 sq ft each with 3 bedrooms and 1 bath. The basement is divided for tenant privacy. The first-floor unit features a bright living room (16x13), a formal dining room (13x12), a kitchen with an adjoining breakfast nook (10x4), and three spacious bedrooms (13x9, 11x10, 12x10). Upstairs, the second unit mirrors this layout with a slightly larger living room (18x12), providing ample room for comfort and flexibility. Set on a 35x120 lot, this property boasts a solid brick exterior with classic Detroit architectural charm. This property is one block away from Dexter where major developments are in motion like the Dexter Streetscape, Dexter Elmhurst Community Center (n.k.a., Helen Moore Community Center) renovation and new Park, Park & Open Space Improvements (Since 2021 to Date- Zussman, Russell Woods, Nardin Park, Dexter Tree Planting), Faà §ade Improvement Projects, Dexter Mural Program and the Dexter Pop Up. Ask for the PDF doc of DEXTER AVE INVESTMENTS. Located near major roads, local schools, and minutes from the city's key attractions, 2741 Monterey Street is a promising investment for any investor looking to capitalize on Detroit's growing rental market. "This property has cameras inside and outside the premises"

  • Houzeo last checked: 5 minutes ago
  • Listing updated: July 7, 2026 at 7:45 am
  • Listing Provided by: Sotero M Lopez II (586) 863-3300 | EXP Realty Main (888) 501-7085
  • Bought with: Kelli Donoho | Amin Realty
  • Source: Realcomp MLS-MI | MLS#: 20251022048 Realcomp MLS-MI
  • Originating MLS: Realcomp II Ltd

Part of

Building
2741 Monterey St
No reviews yet

Property Details

  • Status

    Closed

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    Dexter Linwood

  • Year Built

    1925

  • HOA Fees

    -

  • Finished Area

    4,050 sqft

  • Lot Size

    0.1 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    20251022048

  • MLS Status

    Closed

  • Cumulative Days on Market

    14

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathrooms: 2

Interior

  • Sewer

    Public Sewer

  • Heating

    Hot Water, Natural Gas

Construction

  • Year Built

    Year Built: 1925

  • Home type

    Multi Family

  • Architectural Style

    Colonial

  • Foundation Details

    Basement, Brick Mortar

  • Construction Materials

    Brick

Utilities & Energy

  • Pool Features

    None

  • Basement

    Finished, Full

  • Water Source

    Public

Other Features

  • Subdivision Name

    Linwood Heights Sub (plats)

  • Disclosures

    Actual Income, Exclusions Do Not Exist, Taxes Not Homestead Exempt

Price History

DateEventPrice

08/29/2025

Source: mls_logoRealcomp MLS-MI #20251022048

Sold

$250,000

$62/sqft

08/12/2025

Source: mls_logoRealcomp MLS-MI #20251022048

Pending

$250,000 -10.68%

$62/sqft

07/29/2025

Source: mls_logoMiRealSource MLS-MI #50166728

Price Increased

$279,899 +11.96%

$69/sqft

07/29/2025

Source: mls_logoRealcomp MLS-MI #20251022048

Listed for Sale

$250,000 -16.64%

$62/sqft

06/30/2025

Source: mls_logoMiRealSource MLS-MI #60350156

Listing Removed

$299,900 +7.15%

$74/sqft

Show more

Dexter-Linwood Ranks #75 in Detroit, MI

Homes for sale
140

Homes

Rental prices
$616

Rental Prices

Median Home Price
$111.5K

Median Home Price

Dexter-Linwood, Detroit, MI neighborhood guide

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 09:30AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

Advertising Broker: Andover Real Estate | Andover Real Estate