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About This Home
This 4-bedroom, 3-bathroom single family at 3835 Mount Elliott Street in Detroit, MI is listed for $85,000 ($28 per sqft). Built in 1905, the home offers 3,028 sqft of living space on a 0.11 acres lot.
Located in a rapidly developing area of Detroit, This is a prime residential investment opportunity with built-in upside. This sale includes an adjacent vacant lot at 3827 Mount Elliott St, offering rare expansion, development, or resale potential. This 4-bedroom, 2-bathroom home features a traditional layout with a living room, formal dining room, kitchen, fireplace, and full basement, providing a strong footprint for a full-scale renovation.
The property requires a complete rehab, including electrical, plumbing, HVAC, and cosmetic updates, making it ideal for investors, developers, rehabbers, and value-add buyers seeking to customize and maximize returns. The additional vacant lot adds significant value, perfect for new construction, yard expansion, garage build, or future development, subject to city approvals.
Opportunities with multiple parcels in this area are increasingly limited. Positioned near Downtown Detroit, Eastern Market, major freeways, and redevelopment corridors.
Key Features
- Built in 1905
- 0.11 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$455/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3835 Mount Elliott Street
Detroit, MI 48207
Property Details
Construction
Heating
Questions & Answers
This 4-bedroom, 3-bathroom single family at 3835 Mount Elliott Street is listed at $85,000 ($28/sqft). The estimated monthly payment is $368 based on 20% down at 6.5% interest.
Key features include: Built in 1905, 0.11 acre lot, 2 stories, Fireplace.
This property is listed by Chynita Richards and can be reached at 3132084467 or crichtherealtor@gmail.com.
