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$199,900

4059 Tyler Street – 48238

Detroit, Michigan 48238

Russell Woods Neighborhood

3 Baths

4002 Sq FT

$49.95 Price per Sq Ft

Highlights

ParkingPad

About This Home

Exceptional investment opportunity in desirable Russell Woods! This solid tri-plex offers strong long-term growth potential in one of Detroit’s consistently sought-after rental areas. The property features one spacious 3-bedroom unit (1st floor) and two 1-bedroom units (2nd floor). The 3-bedroom has rented for $1,450/month, while the 1-bedroom units command $800 and $900/month, with potential for even higher rents in today’s market. All units offer two private entrances and separate electric service for added tenant convenience. A common basement provides tenant laundry facilities and additional storage potential. Off-street parking includes a rear parking pad accommodating up to three vehicles. Rental certified with the City of Detroit, this income-producing property is well-positioned for both steady cash flow and future appreciation. A rare opportunity to own a highly desirable tri-plex in Russell Woods!

Listing Agent

Andrea Sleek

Time Wise Realty Group LLC

Listed on : February 16, 2026

Activity

Days on Market:

84

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • $9,525

Year Built

  • Built in 1930

Lot Details

  • 0.09 Acre Lot
  • Lot Dimensions are 35X116

Parking

  • ParkingPad

Home Design

Interior Spaces

  • 4,002 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 3 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48238

Utilities

  • HotWater, NaturalGas
  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

Map

About Russell Woods

Russell Woods Learn More About Russell Woods
Own It Realty

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