$330,000

3235 Monterey Street – 48206

Detroit, Michigan 48206

Dexter-Linwood Neighborhood

4 Baths

3538 Sq FT

$93.27 Price per Sq Ft

Highlights

About This Home

Turnkey investment opportunity located in the highly sought-after Boston-Edison Historic District. This newly renovated property is fully leased and generating $4,200 per month in rental income, making it an excellent addition to any investor’s portfolio. The property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions. Nearby amenities include the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With stable income already in place and a prime location in one of Detroit’s most notable historic districts, this property presents a compelling opportunity for investors seeking both cash flow and long-term appreciation.

Listing Agent

Drake O'Donnell

NATOD Management

Listed on : March 11, 2026

Activity

Days on Market:

Home Details

Home Type

ResidentialIncome

Est. Annual Taxes

$4,403

Year Built

Built in 1924

Lot Details

0.14 Acre Lot
Lot Dimensions are 52.5X120.5

Parking

Home Design

Interior Spaces

3,538 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

4 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48206

Utilities

ForcedAir, NaturalGas
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

Contact 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.

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