About This Home

This 4-bedroom, 0-bathroom residential multi family at 6903 Penrod Street in Detroit, MI is listed for $189,000. Built in 1929, on a 0.13 acres lot.

Key Features

  • Built in 1929
  • 0.13 acre lot
  • 4 parking spaces

Property Details

2 full
4 spaces
1929
Listing Description

Great Investment Opportunity in Detroit! This spacious two-family home offers approximately 2,850 square feet of finished living space, including a finished basement with full bath and possible bedroom. Featuring numerous recent updates throughout, including a new roof, new flooring, additional furnace, updated electrical panels, new drywall, and fresh paint across all three levels.

With extensive improvements already completed, this property presents an excellent opportunity for investors looking to generate rental income or owner-occupants seeking to live in one unit while renting out the other. Whether you're expanding your investment portfolio or looking for a multi-family property, this Detroit home offers tremendous potential!

Monthly Cost Estimate

$1,011/mo

20% down · 6.5% · 30 years

Principal$137
Interest$819
Insurance$55

Estimates only. Actual payments may vary.

Location

6903 Penrod Street

Detroit, MI 48228

Property Details

Construction

Brick

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 4-bedroom, 0-bathroom residential multi family at 6903 Penrod Street is listed at $189,000. The estimated monthly payment is $1,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1929, 0.13 acre lot, 4 parking spaces.

This property is listed by Randall Wolber.

RW

Randall Wolber

Agent at Simple Fee Listings

Listed by Simple Fee Listings · Broker phone: 734-674-6608 · View on Broker Site

MLS# 26055563· Source: Michigan Regional Information Center, LLC.· 13 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6903 Penrod Street, Detroit, MI 48228

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