20231 Kelly Road Detroit MI 48225 MLS #20261011512

20231 Kelly Road
Detroit, MI, 48225
$469,900
Beds
8 Baths
6,400 SqFt
0.19 Acres
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MLS #20261011512 image #0
Excellent opportunity to own this fully occupied, well-maintained 8-unit investment property in Northeast Detroit, right on the Harper Woods boarder. Unit mix includes (4) one-bedroom and (4) two-bedroom apartments — fully leased and generating immediate income. Separate electric meters for each unit. Recent updates include roof (2020) and hot water tank (2021), and several unit turns/ updates in the last year. Conveniently located near shopping and major freeways. A great addition to any portfolio — don’t miss this one!

Property Details

Price:
$469,900
MLS #:
20261011512
Status:
Active
Beds:
0
Baths:
8
Type:
Single Family
Subtype:
Multi Family
Subdivision:
TERNES SUPERHIGHWAY
Neighborhood:
05054det8togratiothoustonto7
Listed Date:
Mar 19, 2026
Finished Sq Ft:
6,400
Year Built:
1963
Short SaleUpperlowerapartment05054 – Det 8 To Gratiot/houston To 705054det8togratiothoustonto7Ternes SuperhighwayDetroitCall

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Schools

School District:
Detroit

Interior

Bathrooms
8 Full Bathrooms
Cooling
Wall Units
Heating
Baseboard, Natural Gas
Laundry Features
Common Area

Exterior

Architectural Style
UpperLowerApartment
Construction Materials
Brick
Parking Spots
8
Roof
Asphalt

Financial

Net Operating Income
$37,573
Taxes
$14,940

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Mar 24, 2026
3,125
Single Family Listed
122
Avg DOM
82
Avg $ / SqFt
$147,609
Avg List Price

Property Summary

    Located in the TERNES SUPERHIGHWAY subdivision, 20231 Kelly Road Detroit MI is a Single Family for sale in Detroit, MI, 48225. It is listed for $469,900 and features 0 beds, 8 baths, and has approximately 6,400 square feet of living space, and was originally constructed in 1963. The current price per square foot is $73. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $147,609. To schedule a showing of MLS#20261011512 at 20231 Kelly Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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