START CASH FLOWING – Two units leased at $1,759 and $960/month with room for rent increases. Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Property Highlights: • Total of 11 bedrooms and 4 bathrooms across all units • Each unit features a comfortable layout suitable for various tenant needs • Recent updates include newer furnaces, hot water tanks, plumbing, and electrical panels, ensuring reduced maintenance costs and enhanced tenant satisfaction • Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and two units ready for occupancy makes this a compelling addition to any portfolio. Don’t miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.
Property Details
Price:
$390,000
MLS #:
20251021902
Status:
Active
Beds:
0
Baths:
5
Address:
5907 Iroquois Street
Type:
Single Family
Subtype:
Multi Family
Subdivision:
STEPHENS ELM PARK
Neighborhood:
05052 – Det: 6-Mack I75-Conner
City:
Detroit
Listed Date:
Jul 29, 2025
State:
MI
Finished Sq Ft:
4,680
ZIP:
48213
Year Built:
1923
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Aluminum Siding, Brick
Financial
Taxes
$7,642
Map
Community
- Address5907 Iroquois Street Detroit MI
- SubdivisionSTEPHENS ELM PARK
- CityDetroit
- CountyWayne
- Zip Code48213
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5907 Iroquois Street
Detroit, MI
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