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$90,000

Untitled Listing

Detroit, Michigan 48204

4 Baths

4792 Sq FT

$18.78 Price per Sq Ft

Highlights

About This Home

Discover an incredible investment opportunity at 6420 Tuxedo St, Detroit, MI. This 1924 multi-family home offers four units, each with one bathroom, and strong cash-flow potential once renovated. The property retains classic architectural character and is ready for your value-add vision. Zoned R3 Low-Density Residential, this district supports single-family, two-family, townhome, multi-family, and garden-style apartment developments—ideal for long-term growth or a full-scale renovation project in a revitalizing neighborhood. Interested buyers should consult the proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. To submit a complete DLBA proposal, include buyer information (name, contact, entity, and purchase price including renovation costs), note any previous DLBA purchases, provide a renovation budget, timeline, and financing plan (proof of funds and lender pre-approval if applicable), and outline your renovation experience, contractor details, and post-renovation plans (sell or rent). Optional materials such as letters of support, community involvement, or CRIO certification can strengthen your application. Proposals are evaluated on price, feasibility, experience, financial capacity, and community impact. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Listing Agent

Erick Monzo

Keller Williams Realty-Great Lakes

Listed on : November 20, 2025

Activity

Days on Market:

125

Home Details

Home Type

  • ResidentialIncome

Est. Annual Taxes

  • N/A

Year Built

  • Built in 1924

Lot Details

  • 0.11 Acre Lot
  • Lot Dimensions are 40.44X118.56

Parking

Home Design

Interior Spaces

  • 4,792 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: 48204

Utilities

  • OtherHeatingSource
  • 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.

View Hassan's Profile

Map

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Tevin Jackson Verified
Own It Realty

Hi Hassan, I would like to know more about this listing.

Connect with a buyer agent today to discuss this property.

Hassan Scheib Tevin Jackson Verified
Own It Realty

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Hassan Scheib

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