Fully occupied two-family with a gross income of $1,400/month now available for the discerning investor! This property has had nearly all of the big ticket items completed- new high efficiency furnaces and electric water tanks for both units installed in 2022 and a sewer line repair completed in 2023 There is a transferable Certificate of Compliance good through 9/10/2024. This property includes a second full lot (3924 Mount Elliott) which is already fenced in with the original lot. One long term tenant occupying since 2017 and one occupying since December 2022. DO NOT APPROACH OR DISTURB THE TENANTS.
Sold for $79,802 on 08/29/23
$79,802
3930 Mount Elliott St, Detroit, MI 48207
4beds
1,960sqft
Multi Family
Built in 1916
-- sqft lot
$79,600 Zestimate®
$41/sqft
$1,565 Estimated rent
Home value
$79,600
$58,000 - $106,000
$1,565/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 18, 2025 at 06:45pm
Listed by:
Kathlene Mitchell 586-298-2216,
Rondo Investment LLC
Bought with:
Giselle Elisa Gaitan, 6501442113
The Charles Reinhart Company
Source: Realcomp II,MLS#: 20230015637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,960 sqft
- Finished area above ground: 1,960
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Pool features: None
Lot
- Size: 4,791 sqft
- Dimensions: 30.00 x 160.00
Details
- Parcel number: W15I014038S
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: MELDRUM FARM SUB (PLATS)
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2023 | Sold | $79,802-6.1%$41/sqft |
Source:  Realcomp II #20230015637 Report a problem | ||
| 5/22/2023 | Pending sale | $85,000$43/sqft |
Source: Realcomp II #20230015637 Report a problem | ||
| 3/6/2023 | Listed for sale | $85,000-14.1%$43/sqft |
Source: Realcomp II #20230015637 Report a problem | ||
| 11/19/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 9/21/2022 | Listed for rent | $700 |
Source: Zillow Rental Network_1 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $26,300 +26.4% |
| 2024 | -- | $20,800 +18.2% |
| 2023 | -- | $17,600 +22.2% |
Find assessor info on the county website
Neighborhood: Gratiot-Grand
Nearby schools
GreatSchools rating
- 5/10Bunche Elementary-Middle SchoolGrades: PK-8Distance: 1.4 mi
- 2/10Southeastern High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$79,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$79,600