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Franny Kanalos

frannyk@epique.me +1(586) 243-1533

$ 95,000

Est. payment | -/mo

3 Baths

2,600 SqFt

Save Virtual Tour

$ 95,000

Est. payment | -/mo

Save Virtual Tour

3 Baths

2,600 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $36

Subdivision Ponchartrain Heights Sub

MLS Listing ID 20261033627

Style Duplex

Full Baths 3

Year Built 1926

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

ATTENTION INVESTORS and ENTREPENEURS!! High-Value Triplex Opportunity – 7135 Elmhurst, Detroit! ARV 260K. This amazing 9 BED 3 BATH TRIPLEX is ready for your finishing touches! The property includes: NEW WINDOWS, NEW ELECTRICAL, NEW PLUMBING, NEW MECHANICALS. Available side lot $3000. This property is adjacent to a fully occupied block of cash flowing units. This property has a LIVABLE unit! Move in and renovate. Stop paying rent and start paying yourself! This fully gutted Detroit triplex at 7135 Elmhurst is stripped to the studs and primed for your vision, with one unit already livable so you can move in or generate income while you renovate. The heavy lifting is done — bring your finishes and start building wealth immediately. Each of the three spacious units features 3 bedrooms, offering maximum rental appeal and strong tenant demand. The layout includes two upper units plus a lower-level unit, providing flexible living and rental configurations. With projected rents of $1,200 per unit, this property has the potential to generate $3,600/month in gross rental income — and an impressive After Repair Value of $260,000 makes the numbers work beautifully for any serious investor. As if that weren't enough, an adjacent side lot is available for just $3,000 — ideal for additional parking, a garage build, or future development. Buy both and maximize your investment footprint!
Whether you're looking to house hack, add to your portfolio, or flip for equity, 7135 Elmhurst checks every box. All new electric, plumbing, mechanicals, and windows mean the infrastructure is solid — just add your finishing touches and watch this asset perform. Priced to move — don't let this Detroit gem slip away!

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features Garage

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, FHA203K

Listing Terms Cash, FHA203K

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261033627

Listed by Pamela Dudewicz of Keller Williams Premier

NEARBY SCHOOL & BUSINESS

+1(586) 243-1533

frannyk@epique.me

44633 N Gratiot Ave, Clinton Twp, MI, 48036, USA

7135 Elmhurst ST Detroit, MI 48204