$229,900 for Sale

3281 glendale street, detroit, MI 48238

Beds 5

Baths 2

2,274 Sqft

0.10 Acres

1 of 31

Property Description

Nestled in the heart of Detroit, Michigan, the single-family residence at 3281 Glendale ST presents a unique opportunity. This property, with its inherent charm, stands ready to be reimagined. The residence includes five bedrooms, providing an abundance of private space. Imagine the possibilities: transform each room into personalized sanctuaries, spaces for creativity, or havens for restful nights. Constructed in 1925, this home carries a legacy within its walls. Consider the stories it holds and the potential it offers to craft your own narrative within its structure. This property is tenant-occupied at $1,990 per month, generating nearly $24,000 annually in rental income. At the $230,000 asking price, that’s a 10.4% gross ROI—a strong return and immediate cash flow opportunity for investors. Located just one block east of the highly desirable Russell Woods neighborhood, this property combines updates, income, and location—making it a smart addition to any rental portfolio. Do not disturb tenant.

General Information

Sale Price: $229,900

Price/SqFt: $101

Est. Payments: $1,510*

Get Prequalified

Check Mortgage Rates

Status: Active

MLS#: 20251033737

City: detroit

Post Office: detroit

Schools: detroit

County: Wayne

Subdivision: lathrups dexter blvd sub

Acres: 0.1

Lot Dimensions: 35X121.56

Bedrooms:5

Bathrooms:2 (1 full, 1 half)

House Size: 2,274 sq.ft.

Acreage: 0.1 est.

Year Built: 1925

Property Type: Single Family

Style: Contemporary,Other,Traditional

Features & Room Sizes

Paved Road: Paved
Garage: 2 Car
Garage Description: Detached
Construction: Brick
Exterior: Brick

Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)

Tax, Fees & Legal

Home warranty: Yes
Est. Summer Taxes: $1,986
Est. Winter Taxes: $249

HOA fees: 0
Legal Description: S GLENDALE 55 LATHRUPS DEXTER BOULEVARD SUB L32 P15 PLATS, W C R 12/217 35 X 121.56

Map

810-247-5239 Call Deepika Ghotra for more information about this property.

Ask me about this property

Listings Presented by:

Deepika Ghotra

Call:

810-247-5239

Office:

810-733-3435

This Single-Family Home located at

3281 glendale street, detroit MI, 48238

is currently for sale. This property is listed for $229,900.

For Sale | $229,900 | 5 Bed, 2 Bath | 2,274 Sq Ft MLS ID rcomi20251033737

3281 glendale street has 5 bedrooms, approximately 2,274 square feet. This home is in the detroit school district and has a lot size of 35X121.56 with 0.1 acres and was built in 1925. 3281 glendale street is in detroit and in ZIP Code 48238 area.
If you have any question about this property or any others, please don't hesitate to contact me.