Skip To Content

19970 Stratford

Detroit, MI 48221
  • $295,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 20261027321
Price Reduced
UPDATED: 86 min ago
$295,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,431
    SQFT
  • $121
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1934
County:

School Ratings & Info

School District:

Description

If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.

Monthly Payment Calculator



[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-09T17:51:38.743.
www.sellsmi.com/homes/175634426
Print Image

19970 Stratford Detroit, MI 48221

  • Price: $295,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 86 min ago
  • MLS #: 20261027321
0
Beds
2
Baths
0
½ Baths
0.11
Acres
2,431
SQFT
$121
$/SQFT
1934
Built
Neighborhood:
Woodward
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
Property Description
If you're looking for a true turnkey investment in one of Detroit's most established neighborhoods, look no further. This fully occupied triplex on Stratford sits in the heart of the Palmer Park community and is generating $3,500 per month in rental income with all three tenants currently in place and paying. The property offers 2,931 square feet of living space spread across two spacious 3-bedroom units and one 1-bedroom unit, with a shared driveway and a private rear parking lot that tenants love. The whole package is move-in ready, so a new owner can step in and start collecting checks from day one. Located just steps from the beautiful Palmer Park, which features hiking and biking trails, tennis courts and an 18-hole golf course, and minutes from the University of Detroit Mercy, Marygrove College, Henry Ford Hospital, and all the shopping and dining along Woodward Avenue and McNichols Road. Whether you're a seasoned investor or just getting started, this is the kind of property that rarely comes available in this neighborhood.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 40X120 Roads Paved Street Structure Style 2 Story Styles Colonial Waterfront YN No

Interior Features

Basement Type Partially Finished Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Financial Terms CashConventional For Sale Or Rent For Sale Lease YN Yes Municipality Detroit Municipality Type City Net Operating Income 42000 Ownership Private Property Type Multi-Family SEV 239900 Subject To Short Sale Approval No Summer Tax Amount 8000 Taxable Value 239900 Total Tax Amount 8375 Water Public Water Winter Tax Amount 375

Listing courtesy of NATOD Management : 248-609-7108.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-05-09T17:51:38.743.
 
https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_60985915-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_60985915-2.jpg https://bt-photos.global.ssl.fastly.net/realsource/orig_boomver_1_60985915-2.jpg
Logo
The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507